Montchanin Asset Management LLC Makes New $360,000 Investment in Bloom Energy Corporation $BE

Montchanin Asset Management LLC acquired a new stake in shares of Bloom Energy Corporation (NYSE:BE) in the first quarter, HoldingsChannel.com reports. The firm acquired 2,655 shares of the company’s stock, valued at approximately $360,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC grew its holdings in shares of Bloom Energy by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after purchasing an additional 269,662 shares during the last quarter. Brooklands Fund Management Ltd bought a new position in Bloom Energy during the 4th quarter valued at about $347,560,000. Amundi lifted its holdings in Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after purchasing an additional 2,511,426 shares during the last quarter. Norges Bank bought a new position in Bloom Energy during the 4th quarter valued at about $239,683,000. Finally, Jennison Associates LLC boosted its position in Bloom Energy by 20,074.4% in the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock valued at $364,066,000 after buying an additional 2,673,710 shares in the last quarter. 77.04% of the stock is owned by institutional investors.

Insider Transactions at Bloom Energy

In other news, insider Satish Chitoori sold 2,837 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $289.11, for a total value of $820,205.07. Following the transaction, the insider owned 207,417 shares of the company’s stock, valued at approximately $59,966,328.87. This trade represents a 1.35% decrease in their position. The sale was disclosed in a document filed 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, Director John T. Chambers sold 55,000 shares of Bloom Energy stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the sale, the director owned 238,333 shares of the company’s stock, valued at approximately $70,949,350.77. This represents a 18.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 118,617 shares of company stock valued at $34,238,909. 3.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on BE. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $335.00 price objective on shares of Bloom Energy in a research note on Wednesday, June 10th. Sanford C. Bernstein lifted their target price on shares of Bloom Energy from $276.00 to $282.00 and gave the company a “market perform” rating in a research note on Wednesday. BMO Capital Markets reduced their target price on Bloom Energy from $279.00 to $227.00 and set a “market perform” rating on the stock in a report on Wednesday. Susquehanna boosted their target price on Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Finally, Zacks Research upgraded Bloom Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $246.18.

Bloom Energy Stock Down 0.5%

NYSE BE opened at $206.06 on Friday. The stock has a market capitalization of $58.61 billion, a P/E ratio of 274.75 and a beta of 3.73. Bloom Energy Corporation has a 52 week low of $32.52 and a 52 week high of $351.28. The company has a debt-to-equity ratio of 1.59, a quick ratio of 4.10 and a current ratio of 4.09. The stock has a fifty day moving average of $261.00 and a 200-day moving average of $209.14.

Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.39. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The firm’s revenue for the quarter was up 165.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts forecast that Bloom Energy Corporation will post 1.43 EPS for the current year.

Key Stories Impacting Bloom Energy

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

• Positive Sentiment: Analyst support and AI demand: Mizuho upgraded Bloom Energy to “Outperform” and set a $242 price target, citing the potential for fuel cells to provide rapidly deployable power for data centers. Other coverage also highlights Bloom’s commercial scale and a reported multiyear backlog tied to artificial-intelligence power demand. Mizuho upgrades Bloom Energy
• Positive Sentiment: Strong quarterly results continue to support the bull case: Bloom reported quarterly revenue of $1.07 billion, up 165.5% year over year, and EPS of $0.78 versus the $0.39 consensus estimate. The company also issued fiscal 2026 EPS guidance of $2.55 to $2.85, reinforcing optimism about accelerating demand and operating leverage. Bloom Energy shares gap up after strong earnings
• Neutral Sentiment: Valuation and technical volatility are limiting conviction: Despite the earnings beat, Bloom trades at a very high earnings multiple and has fallen substantially from its 52-week high. The sharp swings indicate that traders are rapidly repricing both the company’s AI opportunity and execution risks.
• Negative Sentiment: Hunterbrook challenges fuel-cell performance claims: Hunterbrook Capital alleged that Bloom’s fuel cells may not deliver the efficiency, output, or lifespan previously claimed. The report directly attacks the company’s technology and could pressure investor confidence if its assertions gain wider attention. Hunterbrook report challenges fuel-cell performance
• Negative Sentiment: Multiple securities-fraud class-action announcements add legal overhang: Several law firms publicized a lawsuit covering investors who purchased Bloom securities from February 27, 2025, through July 8, 2026, alleging investor harm from purportedly misleading disclosures. The September 28, 2026 lead-plaintiff deadline is likely to keep the issue in focus, although the repeated notices largely concern the same case. Bloom Energy class action investor alert
• Negative Sentiment: Conflicting analyst views weigh on sentiment: Wells Fargo lowered its price target to $176 and maintained an “Equal Weight” rating, while BMO issued a pessimistic forecast. Those targets contrast sharply with Mizuho’s bullish outlook and highlight uncertainty over whether Bloom’s growth expectations justify its valuation. Bloom Energy analyst coverage

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.