Light Street Capital Management LLC Increases Stock Holdings in Bloom Energy Corporation $BE

Light Street Capital Management LLC grew its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 66.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,167 shares of the company’s stock after purchasing an additional 33,542 shares during the period. Bloom Energy comprises about 2.8% of Light Street Capital Management LLC’s portfolio, making the stock its 14th biggest position. Light Street Capital Management LLC’s holdings in Bloom Energy were worth $25,477,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in BE. Fortem Financial Group LLC acquired a new position in shares of Bloom Energy in the fourth quarter worth $369,000. Montanova Capital LLC purchased a new position in Bloom Energy in the second quarter valued at $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Bloom Energy by 78.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after purchasing an additional 583,135 shares in the last quarter. Militia Capital Management LLC purchased a new stake in Bloom Energy during the 1st quarter worth about $813,000. Finally, Norges Bank acquired a new stake in Bloom Energy in the 4th quarter valued at about $239,683,000. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Key Bloom Energy News

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

• Positive Sentiment: S&P 500 inclusion is driving expected index-fund buying. Bloom Energy will enter the benchmark before the market opens on September 21, replacing Trade Desk in the quarterly reshuffle. The addition is expected to create forced purchases by index-tracking funds, increase visibility and potentially broaden the shareholder base. Bloom Energy Rallies on News of S&P 500 Addition
• Positive Sentiment: AI-related power demand remains a major growth catalyst. Analysts and financial publications highlighted Bloom’s fuel-cell systems as a fast, scalable, lower-pollution power option for hyperscale data centers, where electricity demand is rising sharply. Recent coverage cited record second-quarter revenue above $1 billion, 165.5% year-over-year growth, strong margins and improved full-year guidance. Bloom Energy Could See An AI-Memory-Style Frenzy
• Positive Sentiment: Improving earnings expectations are supporting bullish views. Coverage points to a roughly 20% one-month rally, rising EPS estimates and Bloom’s strong recent operating performance. Some analysts believe S&P 500 inclusion and AI infrastructure demand could provide additional upside.
• Neutral Sentiment: Valuation is becoming a key debate. Bloom Energy has risen substantially over the past year and now trades at a premium valuation. Commentators question whether the company’s recent growth represents a sustainable launchpad or whether much of the AI opportunity is already reflected in the stock price. Bloom Energy is Fully Priced
• Negative Sentiment: Multiple law firms are promoting a securities class action against Bloom. The lawsuits and investor alerts allege that the company misled investors about having no China-related supply chain, including alleged reliance on intermediaries sourcing scandium from China. Investors who acquired shares between February 27, 2025, and July 8, 2026, are being reminded of the September 28, 2026 lead-plaintiff deadline. These are allegations, and the legal outcome remains uncertain.

Insiders Place Their Bets

In related news, Director Jeffrey Immelt sold 30,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the completion of the sale, the director directly owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This represents a 12.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shawn Soderberg sold 2,895 shares of Bloom Energy stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $233.60, for a total value of $676,272.00. Following the transaction, the insider directly owned 129,370 shares in the company, valued at approximately $30,220,832. This trade represents a 2.19% 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 three months, insiders sold 89,464 shares of company stock worth $22,131,255. Corporate insiders own 3.00% of the company’s stock.

Bloom Energy Stock Up 9.2%

BE stock traded up $23.23 during midday trading on Tuesday, reaching $276.10. 27,410,887 shares of the company were exchanged, compared to its average volume of 12,565,846. The company has a market cap of $81.32 billion, a price-to-earnings ratio of 368.13, a price-to-earnings-growth ratio of 3.46 and a beta of 3.80. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. Bloom Energy Corporation has a 1-year low of $52.00 and a 1-year high of $351.28. The stock’s 50-day simple moving average is $226.44 and its 200 day simple moving average is $223.11.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $826.13 million. During the same period last year, the firm posted $0.10 EPS. The company’s revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities analysts forecast that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Royal Bank Of Canada restated an “outperform” rating and set a $335.00 target price on shares of Bloom Energy in a research note on Wednesday, June 10th. UBS Group reiterated a “buy” rating and set a $325.00 price target on shares of Bloom Energy in a report on Monday. Truist Financial reduced their price objective on shares of Bloom Energy from $250.00 to $218.00 and set a “hold” rating on the stock in a report on Wednesday, July 29th. Evercore reiterated an “outperform” rating on shares of Bloom Energy in a research note on Friday, August 7th. Finally, Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a report on Sunday. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $249.18.

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.