CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT Has $18.29 Million Position in Bloom Energy Corporation $BE

CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its position in Bloom Energy Corporation (NYSE:BE) by 17.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 135,000 shares of the company’s stock after buying an additional 20,000 shares during the period. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT’s holdings in Bloom Energy were worth $18,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the stock. Brooklands Fund Management Ltd acquired a new stake in shares of Bloom Energy during the 4th quarter worth $347,560,000. Norges Bank acquired a new position in Bloom Energy during the fourth quarter worth about $239,683,000. Amundi increased its position in Bloom Energy by 390.7% during the 4th 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 in the last quarter. Man Group plc increased its holdings in shares of Bloom Energy by 177.4% during the second quarter. Man Group plc now owns 2,392,915 shares of the company’s stock worth $57,239,000 after buying an additional 1,530,167 shares in the last quarter. Finally, Wellington Management Group LLP bought a new position in Bloom Energy in the third quarter valued at about $98,444,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Brookfield expanded its AI power-financing partnership with Bloom Energy to $25 billion, strengthening Bloom’s growth story and potential fuel-cell deployments for data centers. Shorting the Grid: Bloom Energy’s $25B AI Power Play
• Positive Sentiment: Multiple reports highlighted Bloom Energy as a leading beneficiary of AI-related power demand, reinforcing investor confidence in the company’s long-term opportunity. Bloom Energy’s $25B partnership targets AI’s next bottleneck
• Neutral Sentiment: Insider Aman Joshi sold 8,343 shares, which may add modest caution but does not by itself signal a change in Bloom Energy’s fundamentals. Bloom Energy Insider Aman Joshi Sells 8,343 Shares
• Negative Sentiment: Bloom Energy saw a recent pullback after a strong rally, reflecting some profit-taking and valuation concerns among investors. Bloom Energy Stock Moves -6.43%: What You Should Know
• Negative Sentiment: Some analysts and commentators warned the stock may already be priced for near-perfect execution, which could limit upside if growth slows or deals take longer to convert into revenue.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, insider Aman Joshi sold 8,343 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the transaction, the insider owned 163,807 shares in the company, valued at $49,202,708.59. This represents a 4.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the sale, the director owned 238,333 shares of the company’s stock, valued at $70,949,350.77. This trade represents a 18.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 228,617 shares of company stock valued at $59,843,659 in the last quarter. 3.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on BE. Citigroup restated a “neutral” rating on shares of Bloom Energy in a report on Thursday, May 28th. Roth Mkm upped their target price on Bloom Energy from $225.00 to $285.00 and gave the company a “neutral” rating in a report on Wednesday. BTIG Research increased their target price on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Robert W. Baird lifted their target price on shares of Bloom Energy to $242.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Mizuho set a $285.00 price objective on Bloom Energy in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $236.14.

Bloom Energy Stock Performance

BE opened at $271.13 on Monday. Bloom Energy Corporation has a 1-year low of $22.81 and a 1-year high of $351.28. The company has a market cap of $77.12 billion, a price-to-earnings ratio of -5,421.48 and a beta of 3.73. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. The company’s fifty day moving average price is $281.32 and its two-hundred day moving average price is $192.11.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The business had revenue of $751.05 million during the quarter, compared to the consensus estimate of $539.94 million. During the same quarter in the previous year, the business earned $0.03 EPS. The company’s quarterly revenue was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, analysts expect that Bloom Energy Corporation will post 1.34 EPS for the current fiscal 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.