Schonfeld Strategic Advisors 13F: Cuts BE Stake by $33M

Schonfeld Strategic Advisors Scales Back Bloom Energy Holdings

Schonfeld Strategic Advisors reduced its exposure to Bloom Energy Corporation NYSE: BE during the period, according to a recent Form 13F filing with the SEC. The fund sold 110,189 shares, marking a 30.6% decrease from its prior holding. This backward-looking report reflects holdings as of May 15, 2026, and may not represent the investor's current position today.

Position Details and Share Count

Before the transaction, Schonfeld Strategic Advisors held 360,189 shares of the electrical equipment provider. After trimming the position by 110,189 shares, the fund retained 250,000 shares. The remaining investment carried a reported value of roughly $73.8 million at the close of the period.

Bloom Energy Stock Performance and Market Context

Shares of Bloom Energy change hands around $295.29, keeping the company well above its 50-day moving average of $248.74 and its 200-day moving average of $214.89. The stock has enjoyed a wide trading band over the past year, moving between a 52-week low of $75.70 and a 52-week high of $351.28. This upward momentum has played out against a backdrop of shifting institutional interest across the clean energy sector.

Wall Street Analyst Updates and Price Targets

Financial firms continue to adjust their outlooks on the San Jose-based equipment maker. On October 16, 2026, Truist Securities maintained its hold rating while lifting its target to $240.00 from $218.00. Earlier in the autumn, Baird kept an outperform rating on October 15, 2026, raising its target to $351.00 from $310.00. UBS maintained a buy rating on October 7, 2026, with a target of $350.00, whereas Bernstein reiterated a market perform rating at $282.00 on the same day. Barclays kept an equal-weight rating on October 2, 2026, setting a target of $308.00, and Jefferies held a hold rating at $264.00 on September 29, 2026. RBC Capital maintained an outperform rating at $335.00 on September 28, 2026. Across 26 analysts covering the company, the stock holds a consensus buy recommendation with a mean price target of $284.58.

Inside Bloom Energy Operations

Headquartered in San Jose, California, Bloom Energy builds solid oxide fuel systems that generate electricity on site without combustion, turning fuels like natural gas and hydrogen into power for data centers, utilities, and commercial facilities. The company also produces electrolyzers for hydrogen creation. This filing follows earlier moves from peers like Wealthfront Advisers and State of Wisconsin Investment Board, which grew their own positions earlier in the year.

What to Watch at Bloom Energy Corporation

Observers will look ahead to Bloom Energy's next earnings report scheduled for October 22, 2026, for updates on revenue growth and profit margins. Future institutional filings will show whether other major funds followed Schonfeld's lead in trimming exposure after the stock's recent gains.