Zevenbergen Capital Investments LLC Purchases 2,800 Shares of Bloom Energy Corporation $BE

Zevenbergen Capital Investments LLC raised its position in Bloom Energy Corporation (NYSE:BE) by 8.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,390 shares of the company’s stock after acquiring an additional 2,800 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Bloom Energy were worth $9,525,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of BE. Artemis Investment Management LLP lifted its position in shares of Bloom Energy by 10.4% in the third quarter. Artemis Investment Management LLP now owns 264,908 shares of the company’s stock valued at $73,374,000 after buying an additional 24,849 shares during the last quarter. Everhart Financial Group Inc. lifted its holdings in Bloom Energy by 15.7% during the 3rd quarter. Everhart Financial Group Inc. now owns 1,091 shares of the company’s stock valued at $302,000 after purchasing an additional 148 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in Bloom Energy by 51.7% during the 3rd quarter. Valeo Financial Advisors LLC now owns 7,874 shares of the company’s stock valued at $2,181,000 after purchasing an additional 2,683 shares during the last quarter. Toth Financial Advisory Corp boosted its position in Bloom Energy by 96.1% during the third quarter. Toth Financial Advisory Corp now owns 745 shares of the company’s stock worth $206,000 after purchasing an additional 365 shares during the period. Finally, Rye Brook Capital LLC raised its position in shares of Bloom Energy by 25.5% in the third quarter. Rye Brook Capital LLC now owns 16,812 shares of the company’s stock valued at $4,657,000 after purchasing an additional 3,413 shares during the period. Institutional investors own 77.04% of the company’s stock.

Wall Street Analyst Weigh In

BE has been the topic of a number of research reports. BTIG Research reiterated a “buy” rating and issued a $295.00 price target on shares of Bloom Energy in a research note on Wednesday, July 29th. Roth Capital increased their price objective on Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. UBS Group raised their price target on shares of Bloom Energy from $325.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday. Clear Str upgraded shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird reiterated an “outperform” rating and issued a $310.00 price target on shares of Bloom Energy in a research note on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.32.

Bloom Energy Price Performance

Shares of NYSE BE traded down $18.39 during mid-day trading on Thursday, hitting $272.90. 15,693,553 shares of the stock traded hands, compared to its average volume of 12,990,432. The firm has a 50 day simple moving average of $244.66 and a two-hundred day simple moving average of $241.34. The company has a market cap of $80.38 billion, a PE ratio of 363.86, a price-to-earnings-growth ratio of 3.78 and a beta of 3.77. Bloom Energy Corporation has a twelve month low of $75.70 and a twelve month high of $351.28. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.09 and a quick ratio of 3.41.

Bloom Energy (NYSE:BE) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business’s quarterly revenue was up 165.5% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, equities research analysts forecast that Bloom Energy Corporation will post 2.06 EPS for the current fiscal year.

Bloom Energy News Summary

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

• Positive Sentiment: AI power demand remains the key bullish catalyst. Bloom’s fuel-cell systems can provide electricity directly at data centers, helping operators bypass constrained utility grids. Morgan Stanley has identified Bloom as a potential beneficiary of an estimated 77-gigawatt data-center power shortfall. Morgan Stanley sees Bloom Energy as a winner amid 77 GW shortfall for data centers
• Positive Sentiment: Bloom is expanding production capacity. The company’s purchase of a 158,000-square-foot facility in Fremont suggests management is preparing for substantially higher demand, reinforcing the view that AI infrastructure orders could continue to grow. Bloom Energy Is Building Like Demand Is About to Explode
• Positive Sentiment: Investor and analyst attention remains favorable. Jim Cramer called Bloom a leading AI power play, while UBS reportedly raised its price target to $350. Recent earnings also showed strong operating momentum, with revenue up sharply year over year and EPS ahead of consensus estimates.
• Neutral Sentiment: Bernstein maintained a Market Perform rating with a $282 price target. The firm said Bloom is already positioned for the broader power buildout, but its target offers limited upside after the stock’s substantial advance. BE Stock Falls Premarket
• Negative Sentiment: Valuation and profit-taking are weighing on the shares. Bloom has returned roughly 235% over the past year and trades at a very high earnings multiple, increasing sensitivity to disappointing news or broader market selling. Analysts have also highlighted the company’s debt burden.
• Negative Sentiment: The weakness is spreading across the sector. FuelCell Energy and Plug Power also declined, indicating broader pressure on fuel-cell and hydrogen stocks rather than a company-specific deterioration at Bloom. The raised UBS target was not enough to offset the selling. Bloom Energy Tumbles Even as UBS Lifts Its Price Target

Insider Transactions at Bloom Energy

In other news, insider Aman Joshi sold 8,437 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were 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. The trade was a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Maciej Kurzymski sold 2,295 shares of Bloom Energy stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total value of $616,023.90. Following the completion of the transaction, the chief accounting officer owned 77,391 shares of the company’s stock, valued at approximately $20,773,292.22. This trade represents a 2.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 89,698 shares of company stock worth $21,780,758. 3.00% of the stock is owned by insiders.

Bloom Energy 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.