Bloom Energy Corporation $BE Stock Purchased by Ethic Inc.

Ethic Inc. grew its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 108.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,951 shares of the company’s stock after buying an additional 6,211 shares during the quarter. Ethic Inc.’s holdings in Bloom Energy were worth $3,310,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BE. Continuum Advisory LLC acquired a new position in shares of Bloom Energy during the 2nd quarter valued at $25,000. Trifecta Capital Advisors LLC purchased a new stake in Bloom Energy during the 3rd quarter worth $26,000. REAP Financial Group LLC purchased a new stake in Bloom Energy during the 3rd quarter worth $28,000. MJT & Associates Financial Advisory Group Inc. increased its holdings 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 purchasing an additional 37 shares in the last quarter. Finally, Markowski Investments acquired a new stake in Bloom Energy in the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on BE shares. Mizuho raised their price objective on Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. Wells Fargo & Company boosted their price objective on Bloom Energy from $176.00 to $182.00 and gave the stock an “equal weight” rating in a research note on Monday, October 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $335.00 target price on shares of Bloom Energy in a research report on Monday. BTIG Research lowered their target price on Bloom Energy from $295.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, October 23rd. Finally, BMO Capital Markets lowered Bloom Energy from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $263.05.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy reportedly signed 1.6 gigawatts of fuel-cell contracts for data centers. The company is also linked to a planned 702-megawatt Google project in Wyoming, while a California partnership is evaluating at least 1 gigawatt of fuel-cell generation with carbon capture. These projects support the company’s growth opportunity as data centers seek power. Why Bloom Energy Stock Popped Today Bloom Energy rises as investors refocus on major data-center power deals
• Positive Sentiment: RBC reaffirmed its Outperform rating and $335 price target, citing potential upside. Recent coverage also points to strong revenue growth and raised full-year guidance, though these factors have not shielded the stock from broader volatility. Bloom Energy Sank on Midterm Fears: Why RBC Sees 68% Upside
• Negative Sentiment: Investors have sold data-center and power-infrastructure stocks amid concerns about project financing, capital constraints and potential overinvestment, with post-election policy uncertainty adding to caution. Bloom’s exposure to the AI-power theme makes it vulnerable to this sector-wide pullback. GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week
• Negative Sentiment: Other coverage flags negative free cash flow in the third quarter and a demanding valuation—more than 60 times the midpoint of projected 2026 adjusted EPS in one analysis. Those concerns may weigh on shares even as contracts and revenue grow. Is Bloom Energy Really Worth $200 Right Now? Here’s the Math.

Bloom Energy Stock Performance

Shares of Bloom Energy stock opened at $185.36 on Wednesday. The firm has a market cap of $54.80 billion, a PE ratio of 101.51, a price-to-earnings-growth ratio of 1.96 and a beta of 3.63. The firm’s 50-day simple moving average is $245.27 and its 200-day simple moving average is $221.40. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74. Bloom Energy Corporation has a 1 year low of $75.70 and a 1 year high of $351.28.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.25. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.07 billion. Bloom Energy had a return on equity of 45.29% and a net margin of 13.53%. The company’s revenue for the quarter was up 138.1% compared to the same quarter last year. During the same period last year, the firm earned $0.15 earnings per share. Equities analysts forecast that Bloom Energy Corporation will post 2.61 earnings per share for the current fiscal year.

Insider Activity

In other Bloom Energy news, insider Aman Joshi sold 8,437 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the transaction, the insider owned 147,092 shares of the company’s stock, valued at $40,769,489.64. This trade represents a 5.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Barbara Burger sold 2,333 shares of the stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $215.05, for a total value of $501,711.65. Following the transaction, the director directly owned 36,607 shares in the company, valued at approximately $7,872,335.35. This represents a 5.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 85,859 shares of company stock valued at $20,994,650 over the last three months. Company insiders own 3.00% of the company’s stock.

About Bloom Energy

Bloom Energy Corporation develops solid oxide fuel cell technology for on-site electricity generation and hydrogen production. Its Bloom Energy Server systems generate power near the point of use, helping businesses and institutions meet electricity needs and support resilient energy operations. The company also offers solid oxide electrolyzers designed to produce hydrogen. Founded in 2001 by K.R. Sridhar, Bloom Energy is headquartered in San Jose, California. It serves customers in the United States and international markets, including countries in Asia.