Central Pacific Bank Trust Division Takes $1.01 Million Position in Bloom Energy Corporation $BE

Central Pacific Bank Trust Division purchased a new position in Bloom Energy Corporation (NYSE:BE) during the second quarter, HoldingsChannel.com reports. The fund purchased 3,326 shares of the company’s stock, valued at approximately $1,007,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in BE. Brooklands Fund Management Ltd purchased a new position in Bloom Energy during the fourth quarter valued at $347,560,000. Norges Bank purchased a new stake in shares of Bloom Energy in the fourth quarter worth $239,683,000. Jennison Associates LLC grew its stake in shares of Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after acquiring an additional 2,673,710 shares during the last quarter. Amundi increased its holdings in shares of Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares in the last quarter. Finally, Man Group plc raised its position in shares of Bloom Energy by 177.4% in the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after purchasing an additional 1,530,167 shares during the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

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

• Positive Sentiment: AI data-center demand is supporting Bloom Energy’s growth outlook. Data-center operators are increasingly seeking on-site power because utility-grid expansion is not keeping pace with demand. Bloom’s fuel-cell systems could benefit from this trend, while expanded project financing may help accelerate deployments. AI data-center demand article
• Positive Sentiment: Recent earnings remain a major catalyst. Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year and well above the $826.1 million analyst estimate. Earnings per share of $0.78 more than doubled the $0.39 consensus forecast. The company also issued fiscal 2026 EPS guidance of $2.55 to $2.85, reinforcing the investment case based on rapid growth and operating leverage. Bloom Energy earnings analysis
• Neutral Sentiment: Analyst sentiment is favorable but valuation remains demanding. Bloom has a consensus “Moderate Buy” rating and an average price target of $246.18, while recent targets include $282 from Bernstein, $295 from BTIG and $300 from UBS. At the same time, the stock’s high earnings multiple and elevated volatility could limit further gains if execution or growth expectations weaken. Bloom Energy analyst and market data
• Neutral Sentiment: Director John T. Chambers sold 15,000 shares worth approximately $3.08 million. The transaction reduced his direct ownership by 6.29%, although he still holds 223,333 shares. A single insider sale is not necessarily a change in the company’s outlook, but it may attract scrutiny after the stock’s substantial rally. SEC insider transaction filing
• Negative Sentiment: Several law firms are promoting a securities class action against Bloom Energy. The lawsuit alleges that Bloom and certain executives misled investors about supply-chain and materials exposure, including China-related risks, during the February 27, 2025–July 8, 2026 class period. The allegations have not been proven, but the litigation creates headline, reputational and potential financial risks. The lead-plaintiff deadline is September 28, 2026. Bloom Energy securities class action announcement

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Wells Fargo & Company cut their price objective on shares of Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. Evercore reiterated an “outperform” rating and issued a $350.00 target price on shares of Bloom Energy in a research note on Wednesday, July 1st. Oppenheimer reiterated a “market perform” rating on shares of Bloom Energy in a report on Wednesday, July 29th. Finally, Morgan Stanley reissued an “overweight” rating and set a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $246.18.

Insider Buying and Selling

In other Bloom Energy news, Director John T. Chambers sold 15,000 shares of Bloom Energy stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $205.58, for a total value of $3,083,700.00. Following the completion of the sale, the director owned 223,333 shares of the company’s stock, valued at approximately $45,912,798.14. The trade was a 6.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Maciej Kurzymski sold 2,259 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $288.62, for a total transaction of $651,992.58. Following the sale, the chief accounting officer owned 79,686 shares of the company’s stock, valued at approximately $22,998,973.32. This represents a 2.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 108,617 shares of company stock valued at $30,648,609 in the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Price Performance

Shares of NYSE:BE opened at $234.56 on Thursday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The firm has a market cap of $66.72 billion, a price-to-earnings ratio of 312.74 and a beta of 3.79. The business has a 50-day simple moving average of $256.66 and a two-hundred day simple moving average of $211.55. Bloom Energy Corporation has a fifty-two week low of $35.85 and a fifty-two week high of $351.28.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same quarter last year, the firm posted $0.10 EPS. The business’s quarterly revenue was up 165.5% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, analysts expect that Bloom Energy Corporation will post 1.93 earnings per share for the current year.

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.