Wesbanco Bank Inc. Reduces Stock Holdings in Bloom Energy Corporation $BE

Wesbanco Bank Inc. lowered its position in Bloom Energy Corporation (NYSE:BE) by 29.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,332 shares of the company’s stock after selling 22,500 shares during the quarter. Wesbanco Bank Inc.’s holdings in Bloom Energy were worth $4,634,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in BE. WPG Advisers LLC increased its position in shares of Bloom Energy by 26.4% in the fourth quarter. WPG Advisers LLC now owns 321 shares of the company’s stock valued at $28,000 after buying an additional 67 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Bloom Energy in the third quarter valued at $32,000. Fifth Third Bancorp purchased a new position in shares of Bloom Energy in the third quarter valued at $32,000. Parkside Financial Bank & Trust increased its position in shares of Bloom Energy by 250.9% in the third quarter. Parkside Financial Bank & Trust now owns 393 shares of the company’s stock valued at $33,000 after buying an additional 281 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Bloom Energy by 674.7% in the first quarter. NewEdge Advisors LLC now owns 1,867 shares of the company’s stock valued at $37,000 after buying an additional 1,626 shares in the last quarter. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Trading Up 1.1%

Bloom Energy stock opened at $261.47 on Friday. The stock has a market cap of $73.35 billion, a PE ratio of -5,228.31 and a beta of 3.82. The stock has a 50-day moving average price of $179.59 and a 200 day moving average price of $141.89. Bloom Energy Corporation has a 52 week low of $17.01 and a 52 week high of $302.99. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90.

Bloom Energy (NYSE:BE) last issued its quarterly 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. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company had revenue of $751.05 million for the quarter, compared to analyst estimates of $539.94 million. During the same quarter in the prior year, the company posted $0.03 EPS. The business’s revenue for the quarter was up 130.4% compared to the same quarter last year. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities research analysts predict that Bloom Energy Corporation will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on BE shares. TD Cowen increased their target price on Bloom Energy to $235.00 and gave the company a “hold” rating in a report on Wednesday, April 29th. China Renaissance started coverage on Bloom Energy in a report on Wednesday, January 28th. They set a “buy” rating and a $207.00 target price on the stock. Citigroup increased their target price on Bloom Energy to $281.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on Bloom Energy to $267.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Bloom Energy has an average rating of “Moderate Buy” and a consensus price target of $213.81.

More Bloom Energy News

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

• Positive Sentiment: Bloom Energy is being highlighted as an AI-energy winner after reporting record Q1 2026 revenue of $751.1 million, beating expectations and prompting a major price-target increase from analysts who cited stronger-than-expected demand and an expanded Oracle partnership.
• Positive Sentiment: Jim Cramer called Bloom Energy a “rocket ship,” adding to bullish sentiment around the stock as investors rotate into AI-related infrastructure and non-combustible power generation plays. Jim Cramer on Bloom Energy: “Stock Is a Rocket Ship”
• Positive Sentiment: Several recent articles argue Bloom is among the market’s strongest growth stories, with commentary pointing to its rapid April share-price surge and its potential to keep benefiting from AI capex buildout. Why Bloom Energy Stock Skyrocketed 109% in April
• Positive Sentiment: Industry coverage also notes that Bloom’s recent earnings beat and outlook raise are helping lift the broader fuel-cell and alternative-energy group, reinforcing confidence in the company’s growth trajectory.
• Neutral Sentiment: Some Street coverage remains cautious despite higher price targets, with at least one major firm reiterating a Neutral rating even after sharply lifting its target, suggesting valuation may be getting stretched. Here’s What the Street is Saying About Bloom Energy Corporation (BE)
• Negative Sentiment: Broader alternative-energy commentary warns that tariffs and expiring tax credits could pressure renewable and clean-energy projects, which may create some headwinds for the sector over time.

Insider Activity at Bloom Energy

In other Bloom Energy news, Director Mary K. Bush sold 25,000 shares of Bloom Energy stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $266.96, for a total value of $6,674,000.00. Following the completion of the sale, the director owned 108,524 shares in the company, valued at $28,971,567.04. The trade was a 18.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Kr Sridhar sold 200,000 shares of Bloom Energy stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $170.00, for a total value of $34,000,000.00. Following the completion of the sale, the chief executive officer owned 2,189,869 shares of the company’s stock, valued at $372,277,730. This trade represents a 8.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 515,092 shares of company stock worth $95,003,475. Company insiders own 3.00% of the company’s stock.

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.