-11.24% to $193.30 from $217.77
What moved BE
- Bloom Energy reported adjusted earnings per share of $0.94 versus roughly $0.69 expected, with revenue of $1.24 billion versus about $1.06 billion-$1.07 billion expected, and raised 2026 revenue guidance to $4.4 billion-$4.6 billion from $3.9 billion-$4.2 billion.
- Shares fell as investors focused on an operating cash outflow of about $27 million for the quarter, record capital spending of $153 million, and negative free cash flow of about $181 million.
- A $430 million increase in customer assets also absorbed liquidity during the quarter.
- Commentary attributed the selloff to near-term cash-flow concerns tied to record capital expenditures rather than to weaker demand.
Sources: GuruFocus · The Crypto Basic · Seeking Alpha
-6.50% to $262.28 from $280.50
What moved BE
- Bloom Energy dropped nearly 7% as investors took profits after a massive rally in the stock this year.
- Cautious updates from analysts added to the pressure on the shares.
- The pullback came shortly after the company disclosed the date of its upcoming earnings release.
- Bloom Energy joined the S&P 500 in September 2026, replacing Molson Coors Beverage, following a run-up tied to AI data-center demand for its fuel-cell power systems.
Sources: TheStreet · The Motley Fool · Benzinga
+8.27% to $288.70 from $266.65
What moved BE
- Oracle reaffirmed its 2.4-gigawatt fuel-cell supply deal with Bloom Energy even after issuing a force majeure notice signaling schedule risk on the underlying data-center project.
- Blue Owl Capital confirmed financial obligations tied to the project remain intact, though a natural gas pipeline permit and air-quality approval for the New Mexico site are still pending.
- Bloom Energy shares rose about 8%, rebounding from a more than 6% drop a day earlier tied to the same project.
- UBS, Clear Street and Mizuho raised their price targets on Bloom Energy this month to $325, $330 and $351, respectively, while keeping bullish ratings.
Sources: 24/7 Wall St. · Benzinga · Timothy Sykes
+9.63% to $277.22 from $252.87
What moved BE
- Bloom Energy is set to join the S&P 500 before trading opens on September 21, replacing The Trade Desk in the index.
- Shares rose more than 6% as the pending addition extended a rally built on demand for Bloom’s on-site fuel-cell power systems from AI data-center operators.
- Illumina and Everpure are also joining the S&P 500 in the same rebalancing, while Trade Desk, Nike and Honeywell are leaving.
Sources: Bloomberg · CNBC · CoinCentral