M&T Bank Corp Reduces Holdings in Bloom Energy Corporation $BE

Key Points

• M&T Bank Corp reduced its position by 40%, selling 28,037 shares in Q4 and retaining 42,084 Bloom Energy shares valued at about $3.66 million.
• Q1 beat and raised guidance: Bloom reported $0.44 EPS versus $0.12 expected and $751.1M revenue versus $539.9M, and set FY2026 guidance of 1.850–2.250 EPS, driving momentum and analyst upward revisions (consensus "Moderate Buy", $213.81 target).
• Insider selling and volatility risks: Insiders sold 490,092 shares (~$88.3M) over 90 days; the stock has a high beta (3.82), recently hit a 12‑month high of $302.99, and faces valuation/short‑term downside risk despite strong results.

M&T Bank Corp lessened its position in shares of Bloom Energy Corporation (NYSE:BE - Free Report) by 40.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,084 shares of the company's stock after selling 28,037 shares during the period. M&T Bank Corp's holdings in Bloom Energy were worth $3,657,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Creekmur Asset Management LLC purchased a new position in shares of Bloom Energy during the 3rd quarter valued at $1,825,000. Meridian Wealth Management LLC purchased a new position in shares of Bloom Energy during the 3rd quarter valued at $553,000. Udine Wealth Management Inc. lifted its position in shares of Bloom Energy by 27.8% during the 3rd quarter. Udine Wealth Management Inc. now owns 62,967 shares of the company's stock valued at $5,325,000 after buying an additional 13,684 shares during the last quarter. Straight Path Wealth Management purchased a new position in shares of Bloom Energy during the 3rd quarter valued at $1,099,000. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in shares of Bloom Energy during the 3rd quarter valued at $1,985,000. Hedge funds and other institutional investors own 77.04% of the company's stock.

Bloom Energy Price Performance

Shares of NYSE BE opened at $285.39 on Thursday. The firm has a market capitalization of $80.06 billion, a P/E ratio of -5,706.56 and a beta of 3.82. The company has a quick ratio of 4.10, a current ratio of 5.03 and a debt-to-equity ratio of 2.90. The stock's 50-day simple moving average is $177.71 and its two-hundred day simple moving average is $140.85. Bloom Energy Corporation has a twelve month low of $16.18 and a twelve month high of $302.99.

Bloom Energy (NYSE:BE - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.32. The business had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company's quarterly revenue was up 130.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. As a group, equities analysts anticipate that Bloom Energy Corporation will post 1.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on BE shares. BMO Capital Markets boosted their price objective on Bloom Energy to $149.00 and gave the company a "market perform" rating in a research note on Friday, February 6th. Truist Financial set a $68.00 price objective on Bloom Energy in a research note on Friday, January 9th. Wells Fargo & Company boosted their price objective on Bloom Energy to $217.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 29th. Citigroup boosted their price objective on Bloom Energy to $281.00 and gave the company a "neutral" rating in a research note on Wednesday, April 29th. Finally, China Renaissance started coverage on Bloom Energy in a research note on Wednesday, January 28th. They set a "buy" rating and a $207.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $213.81.

Key Headlines Impacting Bloom Energy

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

• Positive Sentiment: Q1 beat, raised guidance and an expanded Oracle “Project Jupiter” AI data-center partnership drove optimism about near-term revenue and secular demand for Bloom’s on-site power systems. Bloom Energy (BE) Valuation Check As Strong Q1 2026 Results And Oracle AI Deal Lift Expectations
• Positive Sentiment: Multiple outlets are labeling BE a momentum/growth buy after the earnings/guidance beat, adding retail and momentum demand to the stock’s advance. Here's Why Bloom Energy (BE) is a Great Momentum Stock to Buy
• Positive Sentiment: Zacks and other analyst notes point to upward estimate revisions and argue BE may be poised for further upside on earnings momentum. Why Bloom Energy (BE) Might be Well Poised for a Surge
• Neutral Sentiment: Coverage highlights BE as one of the top growth/momentum names (InsiderMonkey, MSN pieces on April performance), which can attract flows but also concentrates positioning risk. 5 Best Growth Stocks to Invest In for the Next 2 Years
• Positive Sentiment: Investor interest is reinforced by anecdotal fund buying and media mentions (Jim Cramer, sector commentary) that can sustain momentum. Jim Cramer Just Loves Bloom Energy (BE)
• Negative Sentiment: Near-term pullback appears driven by profit-taking after a rapid multi-week rally (very large 1‑month gains) and a stock price that now reflects aggressive growth assumptions; high beta and elevated volatility increase downside risk for short-term traders.
• Negative Sentiment: Valuation and balance-sheet considerations (large market cap after the rally, leverage metrics) may make some investors cautious despite improved guidance — raising the potential for further volatility if execution slips.

Insiders Place Their Bets

In other Bloom Energy news, insider Shawn Marie Soderberg sold 35,000 shares of the company's stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $279.00, for a total value of $9,765,000.00. Following the transaction, the insider directly owned 341,731 shares in the company, valued at $95,342,949. This represents a 9.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Satish Chitoori sold 20,000 shares of the company's stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the completion of the transaction, the insider owned 212,365 shares in the company, valued at $43,371,303.95. This represents a 8.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 490,092 shares of company stock valued at $88,329,475 over the last 90 days. 3.00% of the stock is owned by insiders.

Bloom Energy Company Profile

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.

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