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 Q4 regulatory filings by fund managers ($100M+ AUM)
600% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 7 (+6) [Q4]
118% more capital invested
Capital invested by funds: $1.93B [Q3] → $4.21B (+$2.28B) [Q4]
104% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 52
51% more call options, than puts
Call options by funds: $433M | Put options by funds: $287M
14% more funds holding
Funds holding: 312 [Q3] → 355 (+43) [Q4]
2.78% more ownership
Funds ownership: 80.06% [Q3] → 82.84% (+2.78%) [Q4]
5% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 100
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
B of A Securities Julien Dumoulin-Smith 55% 1-year accuracy 87 / 158 met price target | 26%downside $18 | Underperform Maintained | 28 Jan 2025 |
Piper Sandler Kashy Harrison 30% 1-year accuracy 13 / 43 met price target | 37%upside $33 | Overweight Maintained | 27 Jan 2025 |
JP Morgan Mark Strouse 43% 1-year accuracy 22 / 51 met price target | 34%downside $16 | Neutral Maintained | 23 Jan 2025 |
Truist Securities Jordan Levy 26% 1-year accuracy 11 / 42 met price target | 9%downside $22 | Hold Maintained | 16 Jan 2025 |
BTIG Gregory Lewis 41% 1-year accuracy 19 / 46 met price target | 24%upside $30 | Buy Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 14 articles about BE published over the past 30 days
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