Broad Peak Investment Advisers Pte Ltd Reduces Stock Position in Bloom Energy Corporation $BE

Broad Peak Investment Advisers Pte Ltd lessened its holdings in Bloom Energy Corporation (NYSE:BE) by 50.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 101,000 shares of the company’s stock after selling 101,000 shares during the period. Bloom Energy makes up approximately 2.8% of Broad Peak Investment Advisers Pte Ltd’s holdings, making the stock its 13th biggest holding. Broad Peak Investment Advisers Pte Ltd’s holdings in Bloom Energy were worth $13,684,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC boosted its stake in shares of Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after purchasing an additional 269,662 shares during the period. Brooklands Fund Management Ltd purchased a new position in Bloom Energy in the 4th quarter worth about $347,560,000. Amundi lifted its holdings in Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after buying an additional 2,511,426 shares in the last quarter. Norges Bank bought a new stake in Bloom Energy during the 4th quarter valued at about $239,683,000. Finally, Goldman Sachs Group Inc. boosted its position in Bloom Energy by 50.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after buying an additional 836,810 shares during the period. 77.04% of the stock is currently owned by institutional investors.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy is set to join the Russell 1000 index, which can trigger buying from index funds and helped fuel a rebound after last week’s selloff. Why Is BE Stock Rebounding After Last Week’s Selloff?
• Positive Sentiment: Investors remain focused on Bloom Energy’s role in powering AI data centers, with commentary highlighting strong backlog growth, raised revenue guidance, and expanding manufacturing capacity. Bloom Energy: The AI Power Play You Don’t Want To Leave Early
• Positive Sentiment: A fresh bullish take argues the market may be underestimating Bloom Energy’s long-running “time to power” thesis, which has been supported by repeated management commentary on earnings calls and has driven the stock’s huge multi-year run. The ‘Time To Power’ Signal The Market Missed In Bloom Energy Stock
• Neutral Sentiment: Bloom Energy is being mentioned alongside a broader rally in fuel-cell stocks, suggesting sector momentum is also supporting sentiment. FuelCell Energy stock breaks out bullishly on debt financing deal
• Negative Sentiment: Some recent commentary warns that Bloom Energy’s rally may be losing momentum, with concerns that the AI trade has become overheated and vulnerable to a pullback. Bloom Energy’s Momentum Fatigue Plays Out, AI Trade Too Hot To Handle
• Negative Sentiment: Another note points to Friday’s sharp decline as a warning sign, reflecting investor concern that the stock may have been extended after a massive run-up. Bloom Energy: Friday’s 18% Plunge Is A Warning

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BE shares. Jefferies Financial Group upgraded shares of Bloom Energy from an “underperform” rating to a “hold” rating and set a $187.00 target price on the stock in a research note on Tuesday, April 14th. Susquehanna lifted their price target on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Roth Mkm set a $225.00 price target on Bloom Energy in a report on Wednesday, April 29th. UBS Group set a $322.00 price objective on Bloom Energy in a research note on Monday, June 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $224.36.

Bloom Energy Stock Up 9.2%

Bloom Energy stock opened at $275.13 on Tuesday. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The firm has a market cap of $78.26 billion, a P/E ratio of -5,501.58 and a beta of 3.74. The business has a fifty day moving average of $276.16 and a two-hundred day moving average of $186.91. Bloom Energy Corporation has a twelve month low of $21.52 and a twelve month high of $351.28.

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

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,837 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total value of $820,205.07. Following the completion of the transaction, the insider directly owned 207,417 shares in the company, valued at approximately $59,966,328.87. The trade was a 1.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 3,558 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $289.14, for a total transaction of $1,028,760.12. Following the transaction, the insider owned 172,150 shares of the company’s stock, valued at approximately $49,775,451. This trade represents a 2.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 230,274 shares of company stock valued at $58,696,472 over the last 90 days. Company insiders own 3.00% of the company’s stock.

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.