Mirae Asset Global Investments Co. Ltd. Acquires 137,939 Shares of Bloom Energy Corporation $BE

Mirae Asset Global Investments Co. Ltd. lifted its stake in Bloom Energy Corporation (NYSE:BE) by 67.7% during the 3rd quarter, Holdings Channel reports. The firm owned 341,742 shares of the company’s stock after acquiring an additional 137,939 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Bloom Energy were worth $28,901,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in Bloom Energy by 2.1% in the second quarter. Geode Capital Management LLC now owns 4,756,516 shares of the company’s stock valued at $113,790,000 after buying an additional 95,990 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Bloom Energy by 50.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock worth $49,127,000 after buying an additional 836,810 shares during the period. Norges Bank bought a new stake in shares of Bloom Energy in the 2nd quarter valued at about $57,821,000. Man Group plc raised its position in shares of Bloom Energy by 177.4% in the 2nd quarter. Man Group plc now owns 2,392,915 shares of the company’s stock valued at $57,239,000 after acquiring an additional 1,530,167 shares during the period. Finally, Elemental Capital Partners LLC acquired a new stake in shares of Bloom Energy in the 3rd quarter valued at approximately $101,720,000. 77.04% of the stock is owned by institutional investors and hedge funds.

Bloom Energy Trading Down 5.3%

Shares of NYSE:BE opened at $156.57 on Friday. The firm has a market cap of $37.03 billion, a price-to-earnings ratio of 918.83, a PEG ratio of 13.93 and a beta of 3.01. The company has a quick ratio of 2.88, a current ratio of 4.40 and a debt-to-equity ratio of 1.98. Bloom Energy Corporation has a 12 month low of $15.15 and a 12 month high of $167.57. The company’s fifty day simple moving average is $112.28 and its 200 day simple moving average is $87.18.

Bloom Energy (NYSE:BE) last released its earnings results on Tuesday, October 28th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. Bloom Energy had a return on equity of 8.74% and a net margin of 0.84%.The firm had revenue of $519.05 million during the quarter, compared to analysts’ expectations of $425.18 million. During the same quarter in the prior year, the company earned ($0.01) EPS. The company’s revenue was up 57.1% on a year-over-year basis. As a group, research analysts forecast that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BE shares. Wedbush set a $39.00 price objective on shares of Bloom Energy in a report on Tuesday, November 25th. Robert W. Baird set a $172.00 price target on shares of Bloom Energy in a research report on Tuesday. Jefferies Financial Group reissued an “underperform” rating and issued a $92.00 price target on shares of Bloom Energy in a report on Monday. Hsbc Global Res raised Bloom Energy from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 29th. Finally, HSBC upgraded Bloom Energy from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $109.83.

Insider Activity

In related news, insider Shawn Marie Soderberg sold 36,666 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $141.00, for a total value of $5,169,906.00. Following the completion of the transaction, the insider owned 225,949 shares of the company’s stock, valued at approximately $31,858,809. This trade represents a 13.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Aman Joshi sold 4,543 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $109.13, for a total value of $495,777.59. Following the completion of the transaction, the insider owned 219,818 shares of the company’s stock, valued at approximately $23,988,738.34. This represents a 2.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 120,410 shares of company stock worth $16,557,185. 3.60% of the stock is currently owned by insiders.

Bloom Energy News Summary

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

• Positive Sentiment: Bloom announced a large commercial agreement to supply power for AI data centers — a reported US$2.65 billion deal that directly targets the fast?growing AI/datacenter market and supports higher near?term revenue visibility and backlog. Bloom Energy Fuels AI Data Center Power With US$2.65b Deal
• Positive Sentiment: China Renaissance initiated coverage with a “Buy” and a $207 price target (~32% upside from current levels), adding upside analyst momentum and reinforcing the narrative that data?center demand could drive outsized growth. China Renaissance initiates coverage on Bloom Energy
• Positive Sentiment: MarketBeat highlighted BE as one of five continuing winners for 2026, noting accelerating revenue growth from data?center placements and improving analyst sentiment — a bullish thematic endorsement that helps investor interest. 5 Stocks to Buy in February: Last Year’s Winners Aren’t Done Yet
• Neutral Sentiment: Coverage pieces (e.g., AAII, MSN, Seeking Alpha) explain the stock’s recent sharp gains — useful context for retail/institutional interest but not new fundamental information on their own. Why Bloom Energy Corporation’s (BE) Stock Is Up 5.99%
• Negative Sentiment: Barclays initiated coverage at “Equal Weight” with a $153 target (slightly below the current price), which appears to have contributed to intraday selling as some traders lock gains after the recent rally. Barclays initiates Bloom Energy with neutral view
• Negative Sentiment: Elevated valuation and a steep recent run?up invite profit?taking and higher volatility — BE trades with a very high P/E and large intraday volume swings, so even positive news can be followed by pullbacks as traders re?price short?term risk.

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.