Invesco 13F: Cuts Bloom Energy (BE) Stake by $47M

Invesco trimmed its position in Bloom Energy Corporation (NYSE: BE) by selling 158,805 shares, which represents an 8.6% decrease. The fund now holds 1,684,201 shares worth about $497.3 million as of May 12, 2026.

This reduction comes as Bloom Energy continues to perform strongly in the market. The shares closed at $295.29 on the day of the filing, which is a notable increase from its 52-week low of $75.7.

Other Institutional Activity in Bloom Energy

Several other institutional investors have also adjusted their stakes in Bloom Energy. Blackrock Inc. reduced its holdings by 6,618,591 shares, bringing its total to 18,442,336 shares worth around $4.1 billion. Ameriprise Financial, Inc. cut its stake by 4,753,946 shares, ending with 18,134,575 shares valued at approximately $4.0 billion. Meanwhile, Goldman Sachs Group Inc. increased its position, adding 4,830,194 shares to reach 13,950,652 shares worth about $3.1 billion.

Bloom Energy Corporation Stock Up 23.4%

The stock's recent performance has been impressive, trading above its 200-day moving average of $214.89. This momentum follows a period where the shares have reached highs of $351.28. Investors are closely watching the stock as it continues to gain traction in a competitive market.

Recent Earnings

In its most recent financial results, Bloom Energy reported annual revenue of about $3.11 billion, reflecting a growth rate of 65.5%. The company generated earnings of $0.69 per share, indicating a net margin of 7.87%, which showcases its ability to efficiently convert sales into profits. The next earnings report is expected on October 22, 2026.

Insider Buying and Selling at Bloom Energy Corporation

In recent insider transactions, several executives sold shares of Bloom Energy. Jeffrey R. Immelt, a Director, sold 30,000 shares at an average price of $238.91 on August 17, 2026. Aman Joshi, an Officer, sold 4,677 shares at $241.75, also on August 14, 2026. Additionally, COO Satish Prabhu Chitoori sold 2,053 shares at $241.64, and Officer Shawn Marie Soderberg sold 2,895 shares at $233.60, all on the same date. These transactions were not part of any planned trading schemes.

Analysts Set New Price Targets

Analysts are optimistic about Bloom Energy's future. On October 16, 2026, Truist Securities maintained a 'Hold' rating with a price target of $240, up from $218. Baird also reiterated an 'Outperform' rating with a new target of $351, while UBS maintained a 'Buy' rating, increasing its target to $350. The average price target across 26 analyst opinions is $284.58, indicating a consensus that favors Bloom Energy's growth potential.

About Bloom Energy

Bloom Energy Corporation designs and sells solid oxide fuel cell systems that provide on-site power generation. The company aims to offer cleaner energy solutions through its innovative technologies, including the Bloom Energy Server and Bloom Electrolyzer for hydrogen production. This strategic shift toward sustainable energy aligns with industry trends and positions it well for future growth.

Bottom Line

Investors should monitor Bloom Energy's upcoming earnings report on October 22, 2026, as the company continues to attract attention in the renewable energy sector. The latest 13F filings reflect past positions and may not represent current holdings. Invesco's recent trim may signal a strategic reallocation but does not necessarily indicate a lack of confidence in Bloom Energy's prospects.