Cookson Peirce & Co. Inc. Acquires Shares of 5,686 Bloom Energy Corporation $BE

Cookson Peirce & Co. Inc. acquired a new stake in Bloom Energy Corporation (NYSE:BE) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 5,686 shares of the company’s stock, valued at approximately $1,721,000.

A number of other hedge funds also recently modified their holdings of the stock. MJT & Associates Financial Advisory Group Inc. grew its stake in Bloom Energy by 49.3% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock valued at $34,000 after buying an additional 37 shares during the last quarter. Bogart Wealth LLC lifted its position in Bloom Energy by 725.0% during the second quarter. Bogart Wealth LLC now owns 132 shares of the company’s stock worth $40,000 after acquiring an additional 116 shares during the last quarter. Carolina Wealth Advisors LLC lifted its position in Bloom Energy by 51.7% during the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock worth $41,000 after acquiring an additional 46 shares during the last quarter. Cape Investment Advisory Inc. bought a new stake in shares of Bloom Energy during the second quarter worth approximately $54,000. Finally, Blue Trust Inc. grew its position in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: AI data-center demand remains the primary bullish catalyst. Bloom’s solid-oxide fuel cells can provide onsite electricity much faster than traditional grid infrastructure, supporting demand from data centers with urgent power needs. Analysts and bullish investors point to expanding deployments, constructive backlog expectations and the potential for backlog growth beyond the company’s previously reported $20 billion level. Prediction: Bloom Energy’s Backlog Will Top $50 Billion Before Year’s End
• Positive Sentiment: Power Connect could improve execution and accelerate revenue conversion. Bloom says its factory-integrated system pre-wires and tests equipment before delivery, potentially reducing onsite installation time by more than 40% and making the company’s solutions more attractive for rapidly expanding AI infrastructure projects. Bloom Energy Is Up 7.6% After Launching Power Connect To Speed Data Center Deployments
• Positive Sentiment: Recent fundamentals and comparisons remain supportive. Bloom recently exceeded quarterly EPS and revenue expectations, while coverage has highlighted its stronger AI-power growth outlook relative to FuelCell Energy and other energy-storage competitors. Bloom Energy vs. FuelCell Energy: Which Fuel Cell Stock Has an Edge?

Bloom Energy Stock Performance

NYSE:BE opened at $209.37 on Friday. The company has a market cap of $61.67 billion, a price-to-earnings ratio of 279.16, a PEG ratio of 2.89 and a beta of 3.79. Bloom Energy Corporation has a fifty-two week low of $48.87 and a fifty-two week high of $351.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The stock has a fifty day moving average price of $235.51 and a 200-day moving average price of $219.07.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.39. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.Bloom Energy’s revenue was up 165.5% on a year-over-year basis. During the same quarter last year, the business earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities analysts anticipate that Bloom Energy Corporation will post 1.92 EPS for the current fiscal year.

Insider Activity

In other news, insider Aman Joshi sold 4,677 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $241.75, for a total transaction of $1,130,664.75. Following the completion of the sale, the insider owned 159,130 shares of the company’s stock, valued at approximately $38,469,677.50. This represents a 2.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,895 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total transaction of $676,272.00. Following the sale, the insider owned 129,370 shares in the company, valued at $30,220,832. This represents a 2.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 89,464 shares of company stock valued at $22,131,255. Company insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research report on Tuesday, July 21st. JPMorgan Chase & Co. decreased their price target on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $335.00 price target on shares of Bloom Energy in a research report on Wednesday, June 10th. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Finally, Wall Street Zen downgraded shares of Bloom Energy from a “buy” rating to a “hold” rating in a report on Saturday. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $248.05.

About Bloom Energy

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.