Sumitomo Mitsui DS Asset Management Company Ltd Has $9.13 Million Stake in Bloom Energy Corporation $BE

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Bloom Energy Corporation (NYSE:BE) by 23.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 30,160 shares of the company’s stock after purchasing an additional 5,803 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Bloom Energy were worth $9,129,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in BE. Blue Trust Inc. lifted its stake in shares of Bloom Energy by 37.2% in the first quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after buying an additional 51 shares during the period. Anchor Investment Management LLC bought a new position in Bloom Energy during the first quarter valued at about $27,000. WPG Advisers LLC increased its stake in Bloom Energy by 26.4% during the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after acquiring an additional 67 shares during the period. Hantz Financial Services Inc. raised 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 acquiring an additional 100 shares in the last quarter. Finally, Godsey & Gibb Inc. raised its holdings in Bloom Energy by 2,000.0% in the 1st quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 77.04% of the company’s stock.

Analyst Upgrades and Downgrades

BE has been the topic of several recent research reports. Wall Street Zen raised Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Wells Fargo & Company cut their target price on Bloom Energy from $217.00 to $176.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. JPMorgan Chase & Co. reduced their target price on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, July 21st. Finally, Jefferies Financial Group set a $188.00 price target on shares of Bloom Energy in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $246.18.

Insider Transactions at Bloom Energy

In other Bloom Energy news, insider Satish Chitoori sold 2,837 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $289.11, for a total value of $820,205.07. Following the sale, the insider directly owned 207,417 shares in the company, valued at $59,966,328.87. This represents a 1.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Shawn Marie Soderberg sold 2,842 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.63, for a total value of $820,286.46. Following the transaction, the insider owned 132,265 shares of the company’s stock, valued at $38,175,646.95. This represents a 2.10% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 92,585 shares of company stock valued at $25,996,248. 3.00% of the stock is owned by insiders.

Bloom Energy Stock Down 0.4%

Shares of BE opened at $236.12 on Friday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. The company has a 50-day moving average price of $248.98 and a two-hundred day moving average price of $214.75. The stock has a market cap of $69.54 billion, a price-to-earnings ratio of 314.82, a P/E/G ratio of 3.24 and a beta of 3.79. Bloom Energy Corporation has a 12 month low of $40.56 and a 12 month high of $351.28.

Bloom Energy (NYSE:BE) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.39. The company 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 company’s revenue was up 165.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Equities analysts predict that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Trending Headlines about Bloom Energy

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

• Positive Sentiment: AI data-center power partnership boosts growth outlook. Nebius Group selected Bloom’s fuel cells as the behind-the-meter power solution for a flagship AI data center. Analysts highlighted Bloom’s ability to provide “speed to power,” an important advantage as grid interconnection delays constrain AI infrastructure expansion. BE Stock Jumps After NBIS Says Switch To Bloom
• Positive Sentiment: MiTAC expansion reinforces demand for Bloom’s onsite systems. MiTAC Computing Technology expanded its Bloom partnership to include a fuel-cell-powered islanded microgrid at its Fremont AI server manufacturing campus, adding to its existing San Jose installation. The project supports Bloom’s positioning as a rapidly deployable, low-noise power provider for mission-critical AI operations. Scandium Supply Chain Dispute Might Change The Case For Investing In Bloom Energy
• Positive Sentiment: AI-driven earnings expectations remain supportive. Commentary from Zacks, Fool.com and Evercore ISI points to rising power demand from AI data centers as a major long-term opportunity. Bloom’s latest reported quarter also featured revenue growth of 165.5% year over year and earnings well above consensus, strengthening the bullish narrative. Bloom Energy Skyrockets 143% YTD

Bloom Energy Company 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.