Andra AP fonden Has $12.42 Million Position in Bloom Energy Corporation $BE

Andra AP fonden decreased its position in shares of Bloom Energy Corporation (NYSE:BE) by 23.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 91,682 shares of the company’s stock after selling 27,418 shares during the quarter. Andra AP fonden’s holdings in Bloom Energy were worth $12,422,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC grew its stake in 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 acquiring an additional 269,662 shares during the period. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy during the fourth quarter worth about $347,560,000. Amundi raised its position in shares of Bloom Energy by 390.7% during the fourth quarter. Amundi now owns 3,154,197 shares of the company’s stock worth $274,068,000 after purchasing an additional 2,511,426 shares during the period. Norges Bank acquired a new stake in shares of Bloom Energy during the fourth quarter worth about $239,683,000. Finally, Jennison Associates LLC lifted its holdings in shares of Bloom Energy by 20,074.4% during the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after purchasing an additional 2,673,710 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Price Performance

NYSE BE opened at $226.58 on Wednesday. The firm’s 50 day moving average is $275.55 and its 200-day moving average is $204.98. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The company has a market capitalization of $64.45 billion, a PE ratio of -4,530.73 and a beta of 3.73. Bloom Energy Corporation has a 12-month low of $24.39 and a 12-month high of $351.28.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.32. The business had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm’s revenue was up 130.4% on a year-over-year basis. During the same period last year, the business earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts anticipate that Bloom Energy Corporation will post 1.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BE shares. Morgan Stanley reiterated an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a research report on Wednesday, April 29th. Susquehanna raised their target price on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Roth Capital lifted their price target on shares of Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. JPMorgan Chase & Co. upped their price target on shares of Bloom Energy from $267.00 to $346.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Citigroup reissued a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $254.00.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy announced a large $1.7 billion deal linked to AI data center power needs, which investors are viewing as a major growth catalyst for its fuel-cell business. Bloom Energy Soars 15% on $1.7 Billion AI Data Center Deal
• Positive Sentiment: JPMorgan raised its price target on Bloom Energy to $346 from $267 and kept an Overweight rating, pointing to a strong long-term delivery outlook and projecting 4.1 gigawatts of product deliveries through 2030. Why Bloom Energy (BE) Stock Is Trading Up Today
• Positive Sentiment: Another analyst note highlighted substantial upside for the stock, reinforcing the bullish sentiment around Bloom Energy’s role in AI power infrastructure. Why Bloom Energy Stock Jumped Over 10% Today
• Neutral Sentiment: Broader market conditions were slightly supportive, with U.S. stock futures modestly higher as inflation pressure eased, though this was not specific to Bloom Energy. US Stock Market Today: S&P 500 Futures Edge Higher As Inflation Pressure Eases
• Negative Sentiment: Earlier coverage noted Bloom Energy had been volatile and had recently fallen sharply in a split move within the fuel-cell sector, underscoring that the stock can reverse quickly on sentiment shifts. FuelCell Energy Rallies 6% While Bloom Energy Slides 6%, Splitting the Fuel-Cell Trade

Insider Buying and Selling

In other news, Director Mary K. Bush sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the transaction, the director directly owned 108,524 shares in the company, valued at $28,971,567.04. The trade was a 18.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Aman Joshi sold 8,343 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider directly owned 163,807 shares of the company’s stock, valued at approximately $49,202,708.59. The trade was a 4.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 153,617 shares of company stock worth $44,003,909. Corporate insiders own 3.00% of the company’s stock.

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.