Bloom Energy Corporation $BE Position Lifted by Fifth Third Wealth Advisors LLC

Key Points

• Fifth Third Wealth Advisors increased its Bloom Energy stake by 521.8% in the third quarter, bringing its holdings to 18,960 shares valued at approximately $5.25 million. Institutional investors collectively own 77.04% of the company.
• Bloom Energy reported record quarterly revenue of $1.24 billion, up 138.1% year over year, and adjusted EPS of $0.94, beating analyst expectations. The company also raised its 2026 revenue and adjusted-EPS guidance for the third time.
• Despite strong results and generally favorable analyst ratings, investors remain concerned about roughly $180 million in negative quarterly cash flow, expansion costs and Bloom Energy’s high valuation, with the stock trading at a P/E ratio above 114.

Fifth Third Wealth Advisors LLC grew its holdings in Bloom Energy Corporation (NYSE:BE - Free Report) by 521.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,960 shares of the company's stock after acquiring 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 SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of BE. Montanova Capital LLC acquired a new stake in Bloom Energy during the 2nd quarter valued at approximately $10,231,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Bloom Energy by 78.3% during 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 buying an additional 583,135 shares during the last quarter. Militia Capital Management LLC acquired a new stake in shares of Bloom Energy in the 1st quarter worth about $813,000. Assenagon Asset Management S.A. increased its holdings in shares of Bloom Energy by 3,398.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 239,877 shares of the company's stock worth $72,611,000 after acquiring an additional 233,020 shares during the period. Finally, Zweig DiMenna Associates LLC bought a new stake in Bloom Energy in the 1st quarter valued at about $8,468,000. Institutional investors and hedge funds own 77.04% of the company's stock.

More Bloom Energy News

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.

Insider Activity

In other news, insider Shawn Soderberg sold 2,895 shares of the business's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the sale, the insider directly owned 129,370 shares in the company, valued at approximately $30,220,832. The trade was a 2.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Satish Chitoori sold 2,870 shares of the company's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $270.06, for a total transaction of $775,072.20. Following the sale, the insider directly owned 202,494 shares of the company's stock, valued at approximately $54,685,529.64. This represents a 1.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 89,698 shares of company stock valued at $21,780,758. Corporate insiders own 3.00% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Evercore restated an "outperform" rating on shares of Bloom Energy in a research report on Friday, August 7th. Oppenheimer reaffirmed a "market perform" rating on shares of Bloom Energy in a report on Friday. Jefferies Financial Group reissued a "hold" rating and issued a $242.00 price objective on shares of Bloom Energy in a report on Friday. BMO Capital Markets restated an "outperform" rating and issued a $260.00 target price on shares of Bloom Energy in a research report on Wednesday. Finally, UBS Group lifted their target price on Bloom Energy from $325.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Bloom Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $258.36.

Bloom Energy Stock Performance

NYSE:BE opened at $192.52 on Friday. The firm has a market cap of $56.70 billion, a price-to-earnings ratio of 114.02, a price-to-earnings-growth ratio of 2.81 and a beta of 3.77. The company has a current ratio of 4.09, a quick ratio of 3.41 and a debt-to-equity ratio of 1.59. The company has a 50-day moving average of $248.71 and a 200-day moving average of $249.16. Bloom Energy Corporation has a twelve month low of $75.70 and a twelve month high of $351.28.

Bloom Energy (NYSE:BE - Get Free Report) last released its earnings results on Thursday, October 22nd. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.25. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.07 billion. Bloom Energy had a net margin of 13.53% and a return on equity of 53.69%. The firm's quarterly revenue was up 138.1% compared to the same quarter last year. During the same period last year, the firm posted $0.15 earnings per share. Analysts forecast that Bloom Energy Corporation will post 2.04 earnings per share for the current fiscal year.

Bloom Energy Profile

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.

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