Bloom Energy Corporation $BE Shares Newly Acquired by Cornerstone Enterprises LLC

Cornerstone Enterprises LLC bought a new stake in Bloom Energy Corporation (NYSE:BE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,918 shares of the company’s stock, valued at approximately $808,000.

A number of other large investors have also recently made changes to their positions in BE. Jennison Associates LLC grew its stake in Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Bloom Energy in the second quarter valued at approximately $296,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Bloom Energy by 78.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock valued at $401,849,000 after buying an additional 583,135 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Bloom Energy by 228.0% in the first quarter. Bessemer Group Inc. now owns 587,947 shares of the company’s stock valued at $79,660,000 after acquiring an additional 408,687 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of Bloom Energy by 106.0% in the first quarter. Renaissance Technologies LLC now owns 535,900 shares of the company’s stock valued at $72,609,000 after acquiring an additional 275,700 shares during the period. 77.04% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Oracle-related demand remains a major catalyst. Oracle reportedly reaffirmed Bloom Energy’s role as the primary power source for its large AI campus, supporting the company’s positioning as a supplier of reliable electricity for data centers. Bloom Energy Got Good News From Oracle and Fell Anyway
• Positive Sentiment: Robert W. Baird raised its price target to $351 from $310 and maintained an “outperform” rating, indicating continued confidence in Bloom’s growth prospects and potential upside from current levels.
• Neutral Sentiment: Bloom Energy is scheduled to report earnings next week. Wall Street expects year-over-year earnings growth, but Zacks said the company lacks the combination of estimate revisions and historical factors typically associated with a likely earnings beat. Bloom Energy Reports Next Week
• Neutral Sentiment: Long-term growth expectations remain high. Management expects 2026 revenue of approximately $3.9 billion to $4.2 billion, roughly double the prior year, but the stock trades at a demanding valuation that requires substantial future profit growth. Bloom Energy Stock Is 31% Below Its Record
• Negative Sentiment: The AI power trade is unwinding. Bloom Energy and other data-center infrastructure stocks came under pressure as investors questioned the durability of AI-related capital spending and became more concerned about debt and financing risks across the sector. Bloom Energy Is an AI Power Supply Bottleneck Bellwether
• Negative Sentiment: Macroeconomic pressure added to the selling. Higher oil prices and a hot inflation reading revived concerns that interest rates could remain elevated, weighing on high-growth infrastructure companies such as BE. Bloom Energy Stock Slides Amid High Oil Prices and Inflation Woes

Insider Activity at Bloom Energy

In other news, insider Shawn Soderberg sold 2,870 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $270.07, for a total value of $775,100.90. Following the transaction, the insider owned 126,500 shares of the company’s stock, valued at approximately $34,163,855. The trade was a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Aman Joshi sold 8,437 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total value of $2,338,483.29. Following the sale, 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 SEC filing for this sale provides additional information. Insiders sold 89,698 shares of company stock worth $21,780,758 in the last ninety days. Company insiders own 3.00% of the company’s stock.

Bloom Energy Stock Performance

NYSE BE opened at $236.74 on Friday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a 52-week low of $75.70 and a 52-week high of $351.28. The business’s 50-day moving average price is $249.27 and its 200 day moving average price is $246.27. The firm has a market cap of $69.73 billion, a P/E ratio of 315.65, a P/E/G ratio of 3.08 and a beta of 3.77.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.39. The firm 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%. The firm’s revenue for the quarter was up 165.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts expect that Bloom Energy Corporation will post 2.04 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on BE shares. Sanford C. Bernstein restated a “market perform” rating and set a $282.00 target price on shares of Bloom Energy in a research report on Wednesday, October 7th. Clear Str raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, July 29th. Mizuho increased their price target on shares of Bloom Energy from $242.00 to $351.00 and gave the stock an “outperform” rating in a research note on Monday, September 14th. Finally, Truist Financial decreased their price target on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Bloom Energy currently has a consensus rating of “Moderate Buy” and an average price target of $259.05.

Bloom Energy Company Profile

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.