Franklin Resources Inc. Increases Stock Position in Bloom Energy Corporation $BE

Franklin Resources Inc. raised its position in Bloom Energy Corporation (NYSE:BE) by 42.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,880,091 shares of the company’s stock after buying an additional 558,971 shares during the quarter. Franklin Resources Inc.’s holdings in Bloom Energy were worth $163,361,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. boosted its holdings in Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the period. WPG Advisers LLC boosted its holdings in Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after purchasing an additional 67 shares during the period. Fifth Third Bancorp bought a new position in Bloom Energy in the 3rd quarter valued at $32,000. Nemes Rush Group LLC boosted its holdings in Bloom Energy by 40.3% in the 4th quarter. Nemes Rush Group LLC now owns 435 shares of the company’s stock valued at $38,000 after purchasing an additional 125 shares during the period. Finally, Lodestone Wealth Management LLC bought a new position in Bloom Energy in the 4th quarter valued at $43,000. 77.04% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Aman Joshi sold 19,944 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $154.85, for a total value of $3,088,328.40. Following the completion of the transaction, the insider owned 190,521 shares in the company, valued at $29,502,176.85. This trade represents a 9.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Shawn Marie Soderberg sold 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $279.00, for a total value of $9,765,000.00. Following the completion of the transaction, the insider owned 341,731 shares of the company’s stock, valued at approximately $95,342,949. The trade was a 9.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 323,777 shares of company stock worth $71,485,514 over the last quarter. Company insiders own 3.00% of the company’s stock.

Bloom Energy Trading Down 9.5%

Shares of BE opened at $234.90 on Thursday. The firm’s 50-day moving average price is $241.36 and its 200-day moving average price is $169.44. The firm has a market capitalization of $66.81 billion, a price-to-earnings ratio of -4,697.02 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. Bloom Energy Corporation has a 1-year low of $20.93 and a 1-year high of $322.83.

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

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Bloom Energy founder and CEO K.R. Sridhar argued that large AI data centers should generate electricity on-site instead of depending on public grids, reinforcing demand for Bloom’s fuel-cell and distributed power solutions. KR Sridhar on the Growing Energy Demands of AI Data Centers
• Positive Sentiment: Another interview with Sridhar highlighted the grid’s inability to keep up with AI-driven electricity demand, which keeps Bloom Energy positioned as a potential beneficiary of the need for reliable localized power. Can the Power Grid Keep Up With AI?
• Positive Sentiment: Bloom Energy was mentioned as a possible future S&P 500 addition, which can boost investor interest and credibility if the company continues to scale. Bloom Energy, Astera Labs, Alnylam, Reddit Could Be Among Next Adds to S&P 500
• Neutral Sentiment: Bloom Energy received an average analyst rating of “Moderate Buy,” suggesting Wall Street remains constructive, but the note did not introduce a new catalyst. Bloom Energy Corporation (NYSE:BE) Receives Average Rating of “Moderate Buy” from Analysts
• Negative Sentiment: Competitive commentary from Hyliion suggested its KARNO system could be cheaper and lower-maintenance than Bloom’s fuel-cell approach, adding to competitive pressure in the data-center power market. EXCLUSIVE: Hyliion CEO Reveals Why He Thinks KARNO Is A Better ‘Mousetrap’ Than Bloom Energy’s Fuel Cells

Wall Street Analyst Weigh In

Several research analysts have commented on BE shares. Susquehanna raised their price target on shares of Bloom Energy to $293.00 and gave the company a “positive” rating in a report on Wednesday, April 29th. BTIG Research raised their price target on shares of Bloom Energy to $295.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Robert W. Baird raised their price objective on shares of Bloom Energy to $242.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Barclays lifted their target price on shares of Bloom Energy to $254.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Finally, UBS Group lifted their target price on shares of Bloom Energy to $251.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, ten 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 currently has a consensus rating of “Moderate Buy” and an average target price of $217.48.

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.