ACT Capital Management LLC Makes New Investment in Bloom Energy Corporation $BE

ACT Capital Management LLC bought a new position in Bloom Energy Corporation (NYSE:BE) in the fourth quarter, Holdings Channel reports. The firm bought 13,000 shares of the company’s stock, valued at approximately $1,130,000. Bloom Energy makes up about 0.9% of ACT Capital Management LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other large investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Bloom Energy by 6.3% in the third quarter. Vanguard Group Inc. now owns 20,807,920 shares of the company’s stock worth $1,759,726,000 after buying an additional 1,240,819 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Bloom Energy by 5.4% in 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 in the last quarter. Graticule Asia Macro Advisors LLC purchased a new position in shares of Bloom Energy in the third quarter valued at $402,494,000. Brooklands Fund Management Ltd purchased a new position in shares of Bloom Energy in the fourth quarter valued at $347,560,000. Finally, Trivest Advisors Ltd grew its position in shares of Bloom Energy by 1,461.6% in the third quarter. Trivest Advisors Ltd now owns 3,420,000 shares of the company’s stock valued at $289,229,000 after purchasing an additional 3,201,000 shares in the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Price Performance

NYSE:BE opened at $285.09 on Thursday. The firm has a market capitalization of $81.09 billion, a price-to-earnings ratio of -5,700.68 and a beta of 3.73. Bloom Energy Corporation has a 52-week low of $20.93 and a 52-week high of $322.83. The stock has a fifty day moving average of $254.92 and a 200 day moving average of $175.55. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03.

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

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Zacks called Bloom Energy a “Bull of the Day,” citing strong demand for its solid oxide fuel cells as a fast-deployable power solution for AI datacenter buildout. Bull of the Day: Bloom Energy (BE)
• Neutral Sentiment: Bernstein initiated coverage with a “Market Perform” rating and a $276 target, suggesting the stock may be fairly valued after its recent run-up. Has BE Stock Peaked Yet? Here’s What Wall Street And Retail Think
• Negative Sentiment: Four Bloom Energy insiders, including Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski and Aman Joshi, sold shares near $289, which can create short-term pressure despite the sales being tied to tax withholding. SEC filing for Shawn Marie Soderberg sale

Insider Activity at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 3,558 shares of Bloom Energy stock in a transaction dated 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 completion of the sale, the insider owned 172,150 shares of the company’s stock, valued at $49,775,451. The trade was a 2.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of Bloom Energy stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total value of $820,286.46. Following the sale, the insider directly owned 132,265 shares of the company’s stock, valued at approximately $38,175,646.95. This trade represents a 2.10% decrease in their position. 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 230,274 shares of company stock valued at $58,696,472 in the last ninety days. 3.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BE. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. BTIG Research lifted their price target on Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price target on Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, TD Cowen lifted their price target on Bloom Energy to $235.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $220.14.

About Bloom Energy

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.