K.J. Harrison & Partners Inc Increases Stock Holdings in Bloom Energy Corporation $BE

K.J. Harrison & Partners Inc boosted its position in shares of Bloom Energy Corporation (NYSE:BE) by 95.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,000 shares of the company’s stock after acquiring an additional 19,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in Bloom Energy were worth $3,432,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Resona Asset Management Co. Ltd. purchased a new position in shares of Bloom Energy during the 2nd quarter valued at $108,000. Meridian Wealth Management LLC bought a new stake in Bloom Energy during the third quarter valued at $553,000. Udine Wealth Management Inc. grew its position in Bloom Energy by 27.8% during the third 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 during the third quarter worth about $1,099,000. Finally, Huntleigh Advisors Inc. bought a new position in Bloom Energy in the 3rd quarter worth about $766,000. 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: Brookfield agreed to invest up to $5 billion to deploy Bloom’s fuel cells for AI-focused data centers worldwide — a large, strategic capital commitment that validates Bloom’s addressable market in data‑center on‑site power and should accelerate backlog conversion and project deployments. Bloom Energy Corporation (BE) Gained From a $5B Partnership with Brookfield and Solid Results
• Positive Sentiment: Latest quarterly results and backlog: Bloom beat revenue and EPS estimates, reported a sizable backlog surge, and set FY2026 EPS guidance (1.33–1.48), giving investors more confidence in near‑term growth and profitability trajectory. That combination is a primary driver of the rally. Bloom Energy (BE) Is Up 14.4% After Major Brookfield AI Data Center Deal And Backlog Surge – Has The Bull Case Changed?
• Positive Sentiment: AI/data‑center demand and technical momentum: Multiple analysts and market writeups highlight Bloom as a beneficiary of AI buildouts and note a bullish technical breakout that has attracted momentum flows into the stock. AI Power Play Bloom Energy Stock Breaking Out Now
• Neutral Sentiment: Market narrative/coverage is amplifying the move — several aggregator pieces explain that the stock’s jump is driven by the Brookfield deal, backlog news and record demand; this increases attention but also raises short‑term volatility risk. Bloom Energy Stock Gets A Boost Tuesday: What’s Fueling The Momentum?
• Negative Sentiment: Valuation concerns: Several analysts warn the stock may be priced for perfection after the rally — multiples are stretched relative to execution risk, so any slowdown in backlog conversion, margins or delayed unit deliveries could reverse gains. Bloom Energy: 800V DC Architecture Meets A Priced-For-Perfection Valuation
• Negative Sentiment: Execution and balance‑sheet risk: Bloom has elevated leverage and a history of negative net margins; investors should watch gross margins, cash flow, and how Brookfield capital is deployed (project financing vs. corporate support). These fundamentals determine whether current optimism converts into durable profits. Bloom Energy Suffers Electrification Success – Pricey After Outsized Rally

Bloom Energy Stock Performance

Shares of BE stock opened at $174.49 on Thursday. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98. Bloom Energy Corporation has a fifty-two week low of $15.15 and a fifty-two week high of $180.90. The stock has a 50 day moving average price of $131.70 and a two-hundred day moving average price of $103.53. The company has a market capitalization of $48.95 billion, a P/E ratio of -459.18, a PEG ratio of 6.78 and a beta of 3.07.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.20. The firm had revenue of $777.68 million for the quarter, compared to analysts’ expectations of $647.59 million. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The company’s revenue for the quarter was up 35.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. Analysts expect that Bloom Energy Corporation will post -0.23 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on BE shares. Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 6th. Morgan Stanley raised their target price on shares of Bloom Energy to $184.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a research report on Wednesday, October 29th. Robert W. Baird set a $172.00 price target on shares of Bloom Energy in a report on Tuesday, January 27th. Finally, Mizuho raised their price objective on shares of Bloom Energy to $110.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Bloom Energy has an average rating of “Hold” and an average target price of $131.87.

Insider Activity

In related news, insider Shawn Marie Soderberg sold 3,332 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $139.56, for a total value of $465,013.92. Following the transaction, the insider directly owned 219,871 shares of the company’s stock, valued at approximately $30,685,196.76. This represents a 1.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Maciej Kurzymski sold 3,264 shares of Bloom Energy stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $86.48, for a total value of $282,270.72. Following the completion of the sale, the insider directly owned 90,005 shares of the company’s stock, valued at approximately $7,783,632.40. The trade was a 3.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,294 shares of company stock valued at $1,520,974 in the last quarter. 3.60% of the stock is owned by company insiders.

Bloom Energy 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.