Ionic Capital Management LLC Invests $260,000 in Bloom Energy Corporation $BE

Ionic Capital Management LLC acquired a new position in shares of Bloom Energy Corporation (NYSE:BE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,987 shares of the company’s stock, valued at approximately $260,000.

A number of other hedge funds have also modified their holdings of the business. Gotham Asset Management LLC increased its stake in shares of Bloom Energy by 1,112.4% during the 4th quarter. Gotham Asset Management LLC now owns 48,519 shares of the company’s stock worth $4,216,000 after purchasing an additional 44,517 shares in the last quarter. Engineers Gate Manager LP increased its stake in shares of Bloom Energy by 120.4% during the 4th quarter. Engineers Gate Manager LP now owns 108,577 shares of the company’s stock worth $9,434,000 after purchasing an additional 59,307 shares in the last quarter. Cinctive Capital Management LP increased its stake in shares of Bloom Energy by 12.2% during the 4th quarter. Cinctive Capital Management LP now owns 78,817 shares of the company’s stock worth $6,848,000 after purchasing an additional 8,561 shares in the last quarter. Concentric Capital Strategies LP purchased a new position in shares of Bloom Energy during the 4th quarter worth approximately $8,989,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. purchased a new position in shares of Bloom Energy during the 4th quarter worth approximately $212,000. 77.04% of the stock is owned by hedge funds and other institutional investors.

Bloom Energy Stock Up 1.5%

Shares of BE opened at $285.09 on Thursday. The firm has a market cap of $81.09 billion, a PE ratio of -5,700.68 and a beta of 3.73. The company’s fifty day moving average is $254.92 and its two-hundred day moving average is $175.55. Bloom Energy Corporation has a fifty-two week low of $20.93 and a fifty-two week high of $322.83. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BE shares. BMO Capital Markets reissued an “outperform” rating on shares of Bloom Energy in a research note on Tuesday, June 9th. Mizuho set a $285.00 price objective on shares of Bloom Energy in a research note on Friday, May 1st. UBS Group raised their price objective on shares of Bloom Energy to $251.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Sanford C. Bernstein assumed coverage on shares of Bloom Energy in a research note on Tuesday. They issued a “market perform” rating and a $276.00 target price for the company. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Bloom Energy currently has an average rating of “Moderate Buy” and a consensus target price of $220.14.

Bloom Energy News Roundup

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 Buying and Selling

In other Bloom Energy news, insider Aman Joshi sold 10,000 shares of Bloom Energy stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $135.88, for a total value of $1,358,800.00. Following the transaction, the insider owned 180,521 shares in the company, valued at $24,529,193.48. This trade represents a 5.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction on 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 completion of the transaction, the director owned 108,524 shares in the company, valued at approximately $28,971,567.04. This trade represents a 18.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 230,274 shares of company stock worth $58,696,472 over the last 90 days. Company insiders own 3.00% of the company’s stock.

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.