Bloom EnergyBE
Market Cap: $2.27B
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 South Korea.
Employees: 2,377
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
60% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 43
25% more call options, than puts
Call options by funds: $110M | Put options by funds: $87.6M
18% more capital invested
Capital invested by funds: $1.96B [Q1] → $2.32B (+$358M) [Q2]
10% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 86
9% more funds holding
Funds holding: 285 [Q1] → 311 (+26) [Q2]
5.99% more ownership
Funds ownership: 77.43% [Q1] → 83.43% (+5.99%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Jefferies Lloyd Byrne 16% 1-year accuracy 3 / 19 met price target | 11%upside $11 | Hold Downgraded | 6 Sept 2024 |
UBS Manav Gupta 9% 1-year accuracy 1 / 11 met price target | 131%upside $23 | Buy Maintained | 15 Aug 2024 |
Truist Securities Jordan Levy 31% 1-year accuracy 13 / 42 met price target | 31%upside $13 | Hold Maintained | 12 Aug 2024 |
Jefferies Lloyd Byrne 16% 1-year accuracy 3 / 19 met price target | 51%upside $15 | Buy Maintained | 9 Aug 2024 |
Piper Sandler Kashy Harrison 58% 1-year accuracy 25 / 43 met price target | 11%upside $11 | Neutral Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 6 articles about BE published over the past 30 days