Sheets Smith Wealth Management Makes New $602,000 Investment in Bloom Energy Corporation $BE

Sheets Smith Wealth Management bought a new position in Bloom Energy Corporation (NYSE:BE) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,445 shares of the company’s stock, valued at approximately $602,000.

A number of other hedge funds also recently made changes to their positions in the stock. Fortem Financial Group LLC increased its position in Bloom Energy by 11.8% during the 1st quarter. Fortem Financial Group LLC now owns 4,750 shares of the company’s stock worth $644,000 after purchasing an additional 500 shares in the last quarter. Diversified Trust Co boosted its position in Bloom Energy by 260.5% in the first quarter. Diversified Trust Co now owns 17,468 shares of the company’s stock valued at $2,367,000 after buying an additional 12,623 shares in the last quarter. World Investment Advisors acquired a new stake in Bloom Energy in the fourth quarter valued at approximately $1,112,000. Corient Private Wealth LLC grew its stake in shares of Bloom Energy by 57.4% during the fourth quarter. Corient Private Wealth LLC now owns 35,947 shares of the company’s stock worth $3,123,000 after buying an additional 13,113 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of Bloom Energy by 31.6% during the fourth quarter. Hsbc Holdings PLC now owns 342,223 shares of the company’s stock worth $29,697,000 after buying an additional 82,089 shares during the last quarter. 77.04% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Sanford C. Bernstein upgraded Bloom Energy to “hold”, which may support sentiment by signaling a more constructive view from the analyst community. Street Insider
• Positive Sentiment: Recent commentary said Bloom Energy could benefit from the AI and data-center buildout because its onsite power systems help customers bypass grid constraints and secure reliable electricity. Bull of the Day: Bloom Energy (BE)
• Positive Sentiment: Bloom Energy was highlighted in a Yahoo Finance article about Trump’s latest portfolio, adding to investor visibility and speculative interest in the stock. Is Bloom Energy (BE) The Best Energy Stock in Trump’s Latest Portfolio?
• Neutral Sentiment: Multiple insiders sold shares recently, but the company said the transactions were tied to tax withholding on equity vesting rather than a change in business outlook, so the signal is not strongly negative.
• Neutral Sentiment: Other recent coverage focused on Bloom Energy’s onsite power-generation model and broader stock momentum, reinforcing the existing narrative rather than introducing new fundamental news. Can Bloom Energy Continue to Benefit From Onsite Power Generation?
• Negative Sentiment: The insider selling by Shawn Marie Soderberg, Satish Chitoori, Maciej Kurzymski, and Aman Joshi may pressure sentiment in the near term, even if the sales were for tax-related reasons.

Insider Buying and Selling at Bloom Energy

In other Bloom Energy news, Director John T. Chambers sold 55,000 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $297.69, for a total value of $16,372,950.00. Following the sale, the director owned 238,333 shares in the company, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Shawn Marie Soderberg sold 35,000 shares of the stock in a transaction dated 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 sale, the insider directly 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 disclosure for this sale is available in the SEC filing. Insiders 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.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wells Fargo & Company increased their price target on Bloom Energy to $217.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. UBS Group reaffirmed a “buy” rating on shares of Bloom Energy in a report on Thursday. Sanford C. Bernstein assumed coverage on Bloom Energy in a research report on Tuesday, June 16th. They issued a “market perform” rating and a $276.00 target price for the company. Finally, Susquehanna increased their target price on Bloom Energy to $293.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Bloom Energy has an average rating of “Moderate Buy” and a consensus price target of $220.14.

Bloom Energy Trading Down 0.2%

Shares of NYSE BE opened at $328.38 on Monday. The firm has a 50 day moving average price of $262.42 and a two-hundred day moving average price of $178.71. The stock has a market cap of $93.40 billion, a P/E ratio of -6,566.29 and a beta of 3.74. Bloom Energy Corporation has a 52-week low of $21.41 and a 52-week high of $329.51. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. During the same quarter in the previous year, the business earned $0.03 earnings per share. Bloom Energy’s 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. As a group, equities analysts forecast that Bloom Energy Corporation will post 1.31 EPS for the current year.

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.