CIBC Private Wealth Group LLC Trims Position in Bloom Energy Corporation $BE

CIBC Private Wealth Group LLC cut its stake in shares of Bloom Energy Corporation (NYSE:BE) by 18.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 20,510 shares of the company’s stock after selling 4,743 shares during the period. CIBC Private Wealth Group LLC’s holdings in Bloom Energy were worth $1,735,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new position in Bloom Energy during the third quarter valued at approximately $32,000. Fifth Third Bancorp bought a new stake in Bloom Energy during the 3rd quarter worth approximately $32,000. Parkside Financial Bank & Trust lifted its stake in Bloom Energy by 250.9% in the 3rd quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock worth $33,000 after purchasing an additional 281 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Bloom Energy in the 2nd quarter worth approximately $36,000. Finally, NewEdge Advisors LLC boosted its holdings in Bloom Energy by 674.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after purchasing an additional 1,626 shares during the period. 77.04% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BE has been the subject of a number of recent analyst reports. Bank of America set a $39.00 price target on shares of Bloom Energy in a research report on Tuesday, November 25th. Royal Bank Of Canada set a $143.00 price objective on Bloom Energy in a research note on Tuesday, January 20th. BTIG Research boosted their target price on Bloom Energy to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Zacks Research lowered Bloom Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Finally, BMO Capital Markets raised their price target on Bloom Energy to $149.00 and gave the company a “market perform” rating in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $131.87.

Bloom Energy Stock Performance

Bloom Energy stock opened at $149.65 on Monday. Bloom Energy Corporation has a fifty-two week low of $15.15 and a fifty-two week high of $180.90. The company has a debt-to-equity ratio of 3.54, a quick ratio of 4.95 and a current ratio of 5.98. The stock has a market cap of $41.98 billion, a P/E ratio of -393.82, a price-to-earnings-growth ratio of 6.13 and a beta of 3.11. The firm’s fifty day moving average price is $152.13 and its 200-day moving average price is $117.00.

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

Insider Activity

In other news, insider Satish Chitoori sold 18,964 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $154.45, for a total value of $2,928,989.80. Following the completion of the transaction, the insider directly owned 232,365 shares in the company, valued at approximately $35,888,774.25. This represents a 7.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Maciej Kurzymski sold 7,800 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $151.85, for a total value of $1,184,430.00. Following the transaction, the insider owned 84,294 shares in the company, valued at $12,800,043.90. This trade represents a 8.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 370,092 shares of company stock valued at $61,365,925. 3.50% of the stock is owned by insiders.

More Bloom Energy News

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

• Positive Sentiment: Brookfield committed multibillion-dollar investment to deploy Bloom’s fuel cells in AI-focused data centers — a direct demand pipeline that underpins revenue growth and institutional validation. Bloom Energy Brookfield Deal Links Fuel Cells To AI Data Center Growth
• Positive Sentiment: Analyst commentary highlights a nearly 596% one‑year surge driven by AI data center demand and distributed power solutions; rising estimates and improved ROIC support a bullish fundamental narrative. Bloom Energy Outpaces Industry in a Year: How to Play the Stock?
• Positive Sentiment: Market write-ups note a near‑term rally (shares climbed earlier this week) as investors favor companies with on‑demand and less geopolitically exposed services. Bloom Energy (BE) Climbs 6.5%–Here’s Why
• Positive Sentiment: Technical analysis shows consolidation near trend highs with a cup‑with‑handle pattern and support at the 50‑day moving average — suggests upside if buying resumes. Bloom Energy (BE) Price Forecast: Support Holds, Trend Poised for Upside
• Neutral Sentiment: Bloom appears on lists of top market movers today — useful for intraday attention but not a standalone fundamental driver. 10 Stocks Dominating Today’s Market Action: Bloom, Vermilion and More
• Neutral Sentiment: Broader sector commentary (news roundup) may influence sentiment but contains mixed signals for fuel‑cell peers. Stock Market Today, March 18: Plug Power’s Rally Stalls Slightly
• Negative Sentiment: Headline reporting ties a recent share dip to insider selling, which can prompt short‑term weakness and increase volatility. Bloom Energy (NYSE:BE) Stock Price Down 2.1% on Insider Selling
• Negative Sentiment: Officer Shawn Marie Soderberg sold 29,807 shares — another reported insider sale that may be viewed as profit‑taking. Shawn Marie Soderberg Sells 29,807 Shares of Bloom Energy (NYSE:BE) Stock
• Negative Sentiment: Executives Aman Joshi and Satish Chitoori also reported sales (19,944 and 18,964 shares), adding to the near‑term sell pressure narrative. Aman Joshi Sells 19,944 Shares of Bloom Energy (NYSE:BE) Stock Satish Chitoori Sells 18,964 Shares of Bloom Energy (NYSE:BE) Stock

Bloom Energy 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.