State of New Jersey Common Pension Fund D Trims Stock Position in Bloom Energy Corporation $BE

State of New Jersey Common Pension Fund D lowered its position in shares of Bloom Energy Corporation (NYSE:BE) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,437 shares of the company’s stock after selling 2,003 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Bloom Energy were worth $6,729,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creekmur Asset Management LLC purchased a new position in Bloom Energy in the 3rd quarter worth approximately $1,825,000. Meridian Wealth Management LLC purchased a new position in Bloom Energy in the 3rd quarter worth approximately $553,000. Udine Wealth Management Inc. grew its stake in Bloom Energy by 27.8% in the 3rd quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company’s stock worth $5,325,000 after buying an additional 13,684 shares in the last quarter. Straight Path Wealth Management purchased a new position in Bloom Energy in the 3rd quarter worth approximately $1,099,000. Finally, Teachers Retirement System of The State of Kentucky purchased a new position in Bloom Energy in the 3rd quarter worth approximately $1,985,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

More Bloom Energy News

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

• Positive Sentiment: Blowout Q1 and upgraded guidance — Bloom reported a large revenue and EPS beat (Q1 revenue far above estimates, EPS swung to profit) and raised FY‑2026 EPS guidance to $1.85–$2.25, which is the primary fundamental driver behind the rally. Bloom Energy Corp (BE) Q1 2026 Earnings Call Highlights
• Positive Sentiment: AI/data-center demand ramp — Multiple reports highlight Bloom’s role as an on‑site power solution for data centers and AI clusters, with the company ramping fuel-cell production and deployments; investors are re‑rating BE as a data‑center power growth play. Bloom Energy May Be Solving AI’s Biggest Power Problem
• Positive Sentiment: Institutional interest and momentum — Reports that Stanley Druckenmiller has built a large position, plus coverage noting BE as one of April’s top industrial performers, are reinforcing momentum and retail/institutional attention. Druckenmiller Made 400% on SanDisk — Now He’s All In on Bloom Energy (BE)
• Positive Sentiment: Technical breakout / all-time highs — Traders are pushing the stock to new highs following the quarter and guidance lift, which attracts momentum buyers and breakout traders. Why Bloom Energy Stock Hit All-Time Highs Today
• Neutral Sentiment: Analyst moves — JPMorgan raised its rating to Overweight and lifted its target (note: the new $267 target is below intraday levels), signaling institutional analyst support but also reflecting mixed views on near‑term upside. JPMorgan price target update
• Negative Sentiment: Valuation and risk — Several analysts and outlets warn valuation is stretched after the surge; BE’s high beta and rapid run from its 52‑week low make it vulnerable to sharp pullbacks if execution or bookings slow. Bloom Energy Is Now a Data Center Stock. Buy Its Shares Now.
• Negative Sentiment: Meme/volatility concerns — Coverage noting a “meme‑stock” dynamic and heavy retail interest suggests sentiment‑driven swings; investors should expect elevated intraday and short‑term volatility. Bloom Energy shares rocket higher by 20%

Insider Buying and Selling at Bloom Energy

In other news, insider Maciej Kurzymski sold 7,800 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00. Following the completion of the sale, the insider directly owned 84,294 shares in the company, valued at approximately $12,800,043.90. The trade was a 8.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Satish Chitoori sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total transaction of $4,084,600.00. Following the completion of the sale, the insider owned 212,365 shares of the company’s stock, valued at approximately $43,371,303.95. The trade was a 8.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 490,092 shares of company stock valued at $88,329,475. Insiders own 3.00% of the company’s stock.

Bloom Energy Trading Down 0.2%

Shares of BE opened at $290.07 on Monday. The firm has a market cap of $81.38 billion, a price-to-earnings ratio of -5,800.32 and a beta of 3.82. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03. Bloom Energy Corporation has a fifty-two week low of $16.05 and a fifty-two week high of $296.50. The firm has a 50 day moving average price of $172.25 and a 200-day moving average price of $138.39.

Bloom Energy (NYSE:BE) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The business’s quarterly revenue was up 130.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities research analysts forecast that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have commented on BE. Susquehanna boosted their price target on shares of Bloom Energy to $293.00 and gave the stock a “positive” rating in a research note on Wednesday. Barclays boosted their price target on shares of Bloom Energy to $177.00 and gave the stock an “equal weight” rating in a research note on Monday, April 27th. Truist Financial set a $68.00 price target on shares of Bloom Energy in a research note on Friday, January 9th. TD Cowen boosted their price target on shares of Bloom Energy to $235.00 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. Finally, UBS Group boosted their price objective on shares of Bloom Energy to $251.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and an average target price of $205.27.

Bloom Energy Company Profile

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.