Wealthedge Investment Advisors LLC Makes New $1.10 Million Investment in Bloom Energy Corporation $BE

Wealthedge Investment Advisors LLC bought a new position in Bloom Energy Corporation (NYSE:BE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,628 shares of the company’s stock, valued at approximately $1,098,000.

Other large investors have also made changes to their positions in the company. Greenleaf Trust purchased a new stake in Bloom Energy in the 2nd quarter worth about $325,000. Envestnet Portfolio Solutions Inc. purchased a new position in Bloom Energy during the 2nd quarter valued at about $620,000. Physician Wealth Advisors Inc. grew its stake in Bloom Energy by 22.0% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 950 shares of the company’s stock valued at $288,000 after acquiring an additional 171 shares in the last quarter. Myriad Asset Management US LP acquired a new position in shares of Bloom Energy in the 2nd quarter valued at about $267,000. Finally, Petredis Investment Advisors LLC increased its holdings in shares of Bloom Energy by 1.2% in the 2nd quarter. Petredis Investment Advisors LLC now owns 31,822 shares of the company’s stock valued at $9,633,000 after purchasing an additional 364 shares during the period. Institutional investors and hedge funds own 77.04% of the company’s stock.

Bloom Energy Price Performance

Shares of BE opened at $236.12 on Friday. The firm has a market cap of $69.54 billion, a PE ratio of 314.82, a PEG ratio of 3.24 and a beta of 3.79. The firm’s 50 day moving average price is $248.98 and its 200 day moving average price is $214.75. 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 twelve month low of $40.56 and a twelve month high of $351.28.

Bloom Energy (NYSE:BE) last posted its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The company’s revenue was up 165.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, research analysts expect that Bloom Energy Corporation will post 1.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BE has been the subject of several research reports. Susquehanna raised their price target on shares of Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a report on Friday, July 10th. Sanford C. Bernstein upped their price objective 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, July 29th. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Wells Fargo & Company decreased their target price on shares of 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. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $335.00 price target on shares of Bloom Energy in a report on Wednesday, June 10th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Bloom Energy presently has an average rating of “Moderate Buy” and an average price target of $246.18.

Key Stories Impacting 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

Insiders Place Their Bets

In related news, insider Aman Joshi sold 8,343 shares of Bloom Energy stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $300.37, for a total value of $2,505,986.91. Following the completion of the sale, the insider owned 163,807 shares of the company’s stock, valued at approximately $49,202,708.59. The trade was a 4.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John T. Chambers sold 15,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $205.58, for a total transaction of $3,083,700.00. Following the completion of the sale, the director owned 223,333 shares of the company’s stock, valued at $45,912,798.14. This represents a 6.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 92,585 shares of company stock worth $25,996,248 in the last 90 days. 3.00% of the stock is owned by corporate insiders.

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.