Allworth Financial LP Lowers Position in Bloom Energy Corporation $BE

Allworth Financial LP trimmed its holdings in shares of Bloom Energy Corporation (NYSE:BE) by 88.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,309 shares of the company’s stock after selling 9,697 shares during the quarter. Allworth Financial LP’s holdings in Bloom Energy were worth $111,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BE. Fifth Third Bancorp purchased a new position in Bloom Energy during the third quarter worth about $32,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Bloom Energy in the 3rd quarter valued at approximately $32,000. Parkside Financial Bank & Trust raised its stake in shares of Bloom Energy by 250.9% in the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock valued at $33,000 after acquiring an additional 281 shares during the period. Cranbrook Wealth Management LLC acquired a new position in shares of Bloom Energy in the 3rd quarter worth approximately $39,000. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Bloom Energy in the 3rd quarter worth approximately $42,000. 77.04% of the stock is currently owned by hedge funds and other institutional investors.

Bloom Energy Price Performance

Bloom Energy stock opened at $133.54 on Monday. The firm has a market cap of $37.46 billion, a PE ratio of -351.43, a price-to-earnings-growth ratio of 5.44 and a beta of 3.11. Bloom Energy Corporation has a 52-week low of $15.15 and a 52-week high of $180.90. The company has a quick ratio of 4.95, a current ratio of 5.98 and a debt-to-equity ratio of 3.54. The company’s 50 day moving average is $152.26 and its two-hundred day moving average is $119.96.

Bloom Energy (NYSE:BE) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.25 by $0.20. Bloom Energy had a negative net margin of 4.37% and a positive return on equity of 7.88%. The business had revenue of $777.68 million during the quarter, compared to the consensus estimate of $647.59 million. During the same quarter in the previous year, the firm posted $0.43 earnings per share. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.330-1.480 EPS. On average, research analysts expect that Bloom Energy Corporation will post -0.23 EPS for the current fiscal year.

Insider Activity

In other news, insider Maciej Kurzymski sold 7,800 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $151.85, for a total transaction of $1,184,430.00. Following the completion of the transaction, the insider directly owned 84,294 shares of the company’s stock, valued at approximately $12,800,043.90. The trade was a 8.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Kr Sridhar sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $170.00, for a total transaction of $34,000,000.00. Following the sale, the chief executive officer owned 2,189,869 shares in the company, valued at $372,277,730. The trade was a 8.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 370,092 shares of company stock worth $61,365,925 over the last three months. Company insiders own 3.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on BE. BMO Capital Markets lifted their target price on shares of Bloom Energy to $149.00 and gave the company a “market perform” rating in a report on Friday, February 6th. Jefferies Financial Group decreased their price target on Bloom Energy to $97.00 and set an “underperform” rating on the stock in a research note on Friday. Truist Financial set a $68.00 price target on Bloom Energy in a research report on Friday, January 9th. Citigroup assumed coverage on Bloom Energy in a research note on Tuesday, February 24th. They issued a “neutral” rating and a $162.00 price objective for the company. Finally, Evercore reissued an “outperform” rating and set a $179.00 target price on shares of Bloom Energy in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bloom Energy has an average rating of “Hold” and a consensus price target of $131.65.

More Bloom Energy News

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

• Positive Sentiment: Clear evidence of stronger demand from data centers: ClearBridge and other write-ups highlight Bloom’s Q4 surge driven by data‑center orders and backlog tied to AI power needs, a key revenue growth driver for Bloom. Bloom Energy (BE) Surged in Q4 Due to Demand from Data Centers
• Positive Sentiment: CERAWeek presentation reinforced the AI/data‑center growth narrative — management emphasized multibillion backlog and expanding service contracts as grid constraints and AI compute demand raise need for onsite power. This supports upside to revenue and recurring services. How Bloom Energy’s AI-Focused Power Pitch at CERAWeek 2026 Will Impact Investors
• Positive Sentiment: New CFO appointment (Simon Edwards) seen as a governance/operational positive—markets often view experienced finance chiefs as improving execution and credibility with investors. Bloom announced Edwards will join April 13. Bloom Energy Appoints Simon Edwards as Chief Financial Officer
• Positive Sentiment: Sell‑side / independent bullish research: A Seeking Alpha initiation argues for meaningful upside from the data‑center power boom and positions Bloom as a long‑term beneficiary of AI-driven demand. Bloom Energy: More Upside In The Data Center Power Boom
• Neutral Sentiment: Brokerage consensus sits around a “Hold” average—mixed analyst views suggest some caution despite operational momentum. Bloom Energy Given Average Rating of “Hold”
• Negative Sentiment: Jefferies cut its price target to $97 and assigned an “underperform” rating, signaling near‑term downside (their PT implies material downside from current levels) and adding selling pressure. Jefferies Lowers Price Target to $97
• Negative Sentiment: Analyst/market skepticism on valuation: coverage notes that strong growth and backlog clash with high valuation and past profitability volatility, which could cap multiple expansion until execution and margins prove durable. Bloom Energy’s Robust Performance Meets Analyst Skepticism Over Valuation

About Bloom Energy

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.