Bloom Energy Corporation $BE Position Lifted by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in Bloom Energy Corporation (NYSE:BE) by 68.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,828 shares of the company’s stock after purchasing an additional 13,772 shares during the period. Kestra Advisory Services LLC’s holdings in Bloom Energy were worth $9,370,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BE. REAP Financial Group LLC purchased a new position in Bloom Energy during the 3rd quarter valued at about $28,000. StrongBox Wealth LLC grew its stake in shares of Bloom Energy by 47.4% in the 3rd quarter. StrongBox Wealth LLC now owns 1,487 shares of the company’s stock worth $412,000 after buying an additional 478 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Bloom Energy by 90.9% in the third quarter. Commonwealth Equity Services LLC now owns 127,633 shares of the company’s stock worth $35,352,000 after acquiring an additional 60,769 shares in the last quarter. TFB Advisors LLC boosted its holdings in Bloom Energy by 81.4% in the third quarter. TFB Advisors LLC now owns 1,850 shares of the company’s stock worth $512,000 after acquiring an additional 830 shares in the last quarter. Finally, Chicago Partners Investment Group LLC grew its stake in shares of Bloom Energy by 16.8% in the third quarter. Chicago Partners Investment Group LLC now owns 5,854 shares of the company’s stock worth $1,132,000 after acquiring an additional 840 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Shawn Soderberg sold 2,895 shares of Bloom Energy stock in a transaction on Friday, August 14th. The shares were sold at an average price of $233.60, for a total transaction of $676,272.00. Following the completion of the transaction, the insider directly owned 129,370 shares of the company’s stock, valued at $30,220,832. The trade was a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,870 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $270.06, for a total transaction of $775,072.20. Following the transaction, the insider owned 202,494 shares in the company, valued at $54,685,529.64. This trade represents a 1.40% 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. In the last quarter, insiders have sold 85,859 shares of company stock worth $20,994,650. 3.00% of the stock is currently owned by corporate insiders.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: Bloom Energy reportedly signed 1.6 gigawatts of fuel-cell contracts for data centers. The company is also linked to a planned 702-megawatt Google project in Wyoming, while a California partnership is evaluating at least 1 gigawatt of fuel-cell generation with carbon capture. These projects support the company’s growth opportunity as data centers seek power. Why Bloom Energy Stock Popped Today Bloom Energy rises as investors refocus on major data-center power deals
• Positive Sentiment: RBC reaffirmed its Outperform rating and $335 price target, citing potential upside. Recent coverage also points to strong revenue growth and raised full-year guidance, though these factors have not shielded the stock from broader volatility. Bloom Energy Sank on Midterm Fears: Why RBC Sees 68% Upside
• Negative Sentiment: Investors have sold data-center and power-infrastructure stocks amid concerns about project financing, capital constraints and potential overinvestment, with post-election policy uncertainty adding to caution. Bloom’s exposure to the AI-power theme makes it vulnerable to this sector-wide pullback. GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week
• Negative Sentiment: Other coverage flags negative free cash flow in the third quarter and a demanding valuation—more than 60 times the midpoint of projected 2026 adjusted EPS in one analysis. Those concerns may weigh on shares even as contracts and revenue grow. Is Bloom Energy Really Worth $200 Right Now? Here’s the Math.

Analysts Set New Price Targets

Several analysts recently commented on BE shares. Mizuho increased their price objective on shares of Bloom Energy from $242.00 to $351.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. KeyCorp restated a “sector weight” rating on shares of Bloom Energy in a report on Friday, October 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bloom Energy in a research report on Monday, October 19th. Morgan Stanley raised their target price on shares of Bloom Energy from $310.00 to $335.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $335.00 price target on shares of Bloom Energy in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $263.05.

Bloom Energy Stock Performance

NYSE BE opened at $185.36 on Wednesday. The business has a 50 day simple moving average of $245.27 and a two-hundred day simple moving average of $221.40. Bloom Energy Corporation has a 1-year low of $75.70 and a 1-year high of $351.28. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.74 and a quick ratio of 3.08. The stock has a market capitalization of $54.80 billion, a PE ratio of 113.72, a P/E/G ratio of 1.96 and a beta of 3.63.

Bloom Energy (NYSE:BE) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.25. Bloom Energy had a net margin of 13.53% and a return on equity of 45.29%. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the business posted $0.15 earnings per share. Bloom Energy’s quarterly revenue was up 138.1% on a year-over-year basis. On average, research analysts predict that Bloom Energy Corporation will post 2.61 EPS for the current fiscal year.

Bloom Energy Company Profile

Bloom Energy Corporation develops solid oxide fuel cell technology for on-site electricity generation and hydrogen production. Its Bloom Energy Server systems generate power near the point of use, helping businesses and institutions meet electricity needs and support resilient energy operations. The company also offers solid oxide electrolyzers designed to produce hydrogen. Founded in 2001 by K.R. Sridhar, Bloom Energy is headquartered in San Jose, California. It serves customers in the United States and international markets, including countries in Asia.