15,911 Bloom Energy Corporation $BE Shares Purchased by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC grew its stake in Bloom Energy Corporation (NYSE:BE) by 521.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 18,960 shares of the company’s stock after buying an additional 15,911 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Bloom Energy were worth $5,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Jennison Associates LLC grew its position in Bloom Energy by 20,074.4% during the first quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after buying an additional 2,673,710 shares in the last quarter. Bank of America Corp DE raised its holdings in Bloom Energy by 6.1% in the 1st quarter. Bank of America Corp DE now owns 2,211,880 shares of the company’s stock valued at $299,688,000 after acquiring an additional 126,649 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Bloom Energy by 78.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,327,549 shares of the company’s stock worth $401,849,000 after acquiring an additional 583,135 shares during the period. Elemental Capital Partners LLC lifted its position in shares of Bloom Energy by 2.5% in the 3rd quarter. Elemental Capital Partners LLC now owns 1,039,031 shares of the company’s stock worth $287,791,000 after acquiring an additional 25,625 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Bloom Energy during the 2nd quarter worth approximately $296,413,000. Institutional investors own 77.04% of the company’s stock.

Insider Buying and Selling at Bloom Energy

In related news, Director John Chambers sold 15,000 shares of Bloom Energy stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $250.00, for a total value of $3,750,000.00. Following the completion of the sale, the director directly owned 208,333 shares in the company, valued at $52,083,250. This trade represents a 6.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jeffrey Immelt sold 30,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $238.91, for a total value of $7,167,300.00. Following the sale, the director directly owned 201,243 shares of the company’s stock, valued at $48,078,965.13. This represents a 12.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 89,698 shares of company stock valued at $21,780,758 over the last ninety days. Company insiders own 3.00% of the company’s stock.

Wall Street Analyst Weigh In

BE has been the topic of a number of research reports. JPMorgan Chase & Co. lowered their price objective on Bloom Energy from $314.00 to $292.00 and set an “overweight” rating on the stock in a research report on Friday. Robert W. Baird lifted their price target on shares of Bloom Energy from $310.00 to $351.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. Evercore reissued an “outperform” rating on shares of Bloom Energy in a report on Friday, August 7th. TD Cowen upgraded shares of Bloom Energy to a “hold” rating in a research note on Monday, October 5th. Finally, Citigroup reiterated a “buy” rating on shares of Bloom Energy in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Bloom Energy presently has a consensus rating of “Moderate Buy” and an average price target of $258.36.

Bloom Energy Price Performance

Bloom Energy stock opened at $192.52 on Friday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09. The firm has a market cap of $56.70 billion, a P/E ratio of 114.02, a P/E/G ratio of 2.81 and a beta of 3.77. The business’s fifty day moving average is $248.71 and its two-hundred day moving average is $249.16. Bloom Energy Corporation has a 52 week low of $75.70 and a 52 week high of $351.28.

Bloom Energy (NYSE:BE) last released its quarterly earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.25. Bloom Energy had a return on equity of 53.69% and a net margin of 13.53%. The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business posted $0.15 earnings per share. The firm’s revenue for the quarter was up 138.1% compared to the same quarter last year. Equities research analysts forecast that Bloom Energy Corporation will post 2.04 earnings per share for the current fiscal year.

Key Stories Impacting Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138.1% year over year, while adjusted EPS of $0.94 exceeded the approximately $0.69–$0.71 analyst consensus. Net income reached $250.3 million, compared with a loss in the prior-year quarter. Bloom Energy Reports Record Third Quarter 2026 Financial Results and Raises Full Year 2026 Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook for the third time, projecting revenue of $4.4 billion to $4.6 billion and adjusted EPS of $3.10 to $3.40—both above consensus expectations. Management cited strong product sales, rising backlog and demand from data centers and other customers requiring reliable, on-site power. BE Q3 Earnings Beat Estimates on Strong Product Sales, View Up
• Positive Sentiment: Analyst sentiment remained generally constructive: JPMorgan maintained an “overweight” rating despite lowering its price target to $292, while RBC reaffirmed “outperform” with a $335 target and Bernstein raised its target to $306. JPMorgan Bloom Energy Ratings
• Neutral Sentiment: Broader selling in AI-related and data-center power stocks is adding pressure, as investors reassess whether projected capital spending will translate into near-term returns. Bloom’s CEO said the company’s opportunity extends beyond artificial intelligence, including broader distributed-power demand. The AI Rout: Sorting CAPEX Fact From Fiction
• Negative Sentiment: Operating and net cash flow were negative by roughly $180 million in the quarter. Investors are concerned that aggressive manufacturing expansion and other growth investments could require substantial cash before the higher revenue and backlog convert into sustainable free cash flow. Bloom Energy Slides as Q3 Beat and Raise Clouded by Cash Outflows
• Negative Sentiment: At a very high earnings multiple, Bloom Energy had already priced in substantial growth. Consequently, the cash-flow shortfall and expansion spending outweighed the earnings beat and guidance increase for short-term investors.

About Bloom Energy

Bloom Energy Corporation develops and manufactures energy systems designed to generate electricity on-site. Its primary product is the Bloom Energy Server, a solid oxide fuel cell platform that converts fuel into electricity through an electrochemical process rather than combustion. The systems are used by businesses, utilities, data centers and other organizations seeking reliable, distributed power.

The company also develops electrolyzers based on its solid oxide technology. These systems are designed to produce hydrogen from electricity and water and support applications related to industrial operations, energy storage and the emerging hydrogen economy.