Bloom Energy
About: Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and internationally.
Employees: 2,377
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
37% more call options, than puts
Call options by funds: $127M | Put options by funds: $92.4M
9% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 93
1% less funds holding
Funds holding: 312 [Q2] → 310 (-2) [Q3]
4% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 56
9.51% less ownership
Funds ownership: 87.88% [Q2] → 78.37% (-9.51%) [Q3]
23% less capital invested
Capital invested by funds: $2.44B [Q2] → $1.89B (-$557M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
BTIG Gregory Lewis 47% 1-year accuracy 23 / 49 met price target | 24%upside $30 | Buy Maintained | 16 Dec 2024 |
Baird Ben Kallo 53% 1-year accuracy 21 / 40 met price target | 33%upside $32 | Outperform Maintained | 12 Dec 2024 |
Roth MKM Chip Moore 36% 1-year accuracy 10 / 28 met price target | 4%upside $25 | Neutral Initiated | 11 Dec 2024 |
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 73 / 135 met price target | 17%downside $20 | Underperform Maintained | 9 Dec 2024 |
Susquehanna Biju Perincheril 21% 1-year accuracy 15 / 71 met price target | 37%upside $33 | Positive Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 10 articles about BE published over the past 30 days