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)
38% more call options, than puts
Call options by funds: $128M | Put options by funds: $92.4M
9% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 93
8% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 50
1% less funds holding
Funds holding: 312 [Q2] → 310 (-2) [Q3]
9.59% less ownership
Funds ownership: 89.65% [Q2] → 80.06% (-9.59%) [Q3]
23% less capital invested
Capital invested by funds: $2.49B [Q2] → $1.93B (-$565M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 80 / 148 met price target | 27%downside $18 | Underperform Maintained | 28 Jan 2025 |
Piper Sandler Kashy Harrison 28% 1-year accuracy 12 / 43 met price target | 34%upside $33 | Overweight Maintained | 27 Jan 2025 |
JP Morgan Mark Strouse 35% 1-year accuracy 18 / 51 met price target | 35%downside $16 | Neutral Maintained | 23 Jan 2025 |
Truist Securities Jordan Levy 17% 1-year accuracy 7 / 42 met price target | 11%downside $22 | Hold Maintained | 16 Jan 2025 |
BTIG Gregory Lewis 43% 1-year accuracy 20 / 46 met price target | 21%upside $30 | Buy Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 17 articles about BE published over the past 30 days









