Bloom Energy (NYSE:BE) offers retirement portfolios direct exposure to the AI power buildout through a contracted-revenue model. After a 43% pullback in the past month, Bloom’s contracted growth is available at a steep discount to analysts’ price targets.
Bloom’s $20B Contracted Backlog Bloom has $20.00 billion in total backlog, including a $14 billion service backlog tied to 10- to 15-year contracts with a 100% attach rate. That is annuity-grade visibility.
Q1 2026 revenue grew 130.37% year over year to $751.054 million, and management raised full-year guidance to $3.40 billion to $3.80 billion, taking growth to 80% at the midpoint from 60% prior.
The 40% Pullback Creates a Fresh Entry Point Bloom Energy closed at $185.81 on Friday, July 24, meaning the stock is down 43.32% in the past month, giving investors a fresh entry point below analysts’ average price target of $286.20.
Bloom holds $2.491 billion in cash, which is up 213.49% year over year, and is funding a factory ramp from 1GW to 2GW by year-end 2026. Forward guidance implies non-GAAP EPS of $1.85 to $2.25, and adjusted EBITDA of $650 million to $800 million.
Bloom Energy Is Growing 4x Faster Than GE Vernova The tempting comparison for Bloom is to GE Vernova (NYSE:GEV | GEV Price Prediction), which owns the gas turbine side of the data center power trade. GE Vernova’s Q2 2026 revenue rose 21.83% year over year to $11.10 billion, and its 2026 revenue guide of $45.5 billion to $46.5 billion implies mid-teens growth.
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The thing is, Bloom is compounding roughly four times faster off a smaller base, and it does not carry GE Vernova’s approximately $400 million of expected Wind segment EBITDA losses in 2026.
Plug Power (NASDAQ:PLUG) saw Q1 2026 revenue of $163.513 million on an adjusted loss of $0.08 per share, with management not targeting EBITDAS-positive results (EBITDA and Stock-based comp) until Q4 2026. Bloom is already there.
Why an AI Spending Slowdown Would Not Break the Thesis The obvious pushback for Bloom is AI capex slowing. However, it helps to take a look at the company’s order book. Oracle’s Project Jupiter alone is a 2.45 gigawatt, 100% Bloom power block, and Bloom’s CEO KR Sridhar said, “Well more than half of our current data center backlog comes from other hyperscalers, neo-clouds and colocation providers.” Demand is contractually signed.
Insider selling looks scary at first glance, but the CEO’s May transaction was an 80,000 share RSU conversion executed on a scheduled vesting, and the board acquired shares in coordinated May 21 filings. For retirement investors focused on AI infrastructure exposure, Bloom Energy’s contracted backlog, cash position, and growth trajectory make it a name to research closely.
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Nvidia (NVDA -1.01%) has been one of the early leaders in capitalizing on the AI boom. The semiconductor giant is currently the largest company by market cap at over $5 trillion. While Nvidia is still growing briskly, -- its revenue surged 85% in its fiscal 2027 first quarter to $81.6 billion -- it could face headwinds to future growth. It's facing increasing competition, including from its customers, many of whom are developing their own AI chips.
However, I still want exposure to the AI boom without the risks of buying Nvidia at its current level. My pick is Bloom Energy (BE -14.54%). Here's why I prefer it over Nvidia right now.
Image source: Getty Images.
The Nvidia of data center power AI chips like those developed by Nvidia require a massive amount of power to run at full capacity and prevent overheating. As a result, data centers need access to large amounts of stable electricity. Power is becoming a huge bottleneck for data center development.
It's a problem that Bloom Energy is solving. The company's advanced fuel cells provide an ultra-reliable, clean, and scalable on-site power solution. Data center developers can quickly deploy Bloom's fuel cells, enabling them to build out AI infrastructure more rapidly.
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Bloom Energy is quickly becoming as vital to AI as Nvidia's chips. Last year, it collaborated with Oracle (ORCL -4.21%) to deliver onsite power to its data centers within 90 days. The initial deployment was so successful (just 55 days to deploy) that Oracle expanded its strategic partnership with Bloom Energy to deploy up to 2.8 gigawatts (GW) of its fuel cells earlier this year to accelerate its AI infrastructure build-out.
The company also formed a strategic partnership with leading global alternative investment manager Brookfield Asset Management (BAM +1.40%) last year. Brookfield initially planned to invest up to $5 billion in deploying Bloom's advanced fuel cell technology at AI factories. That investment helped seed the inaugural Brookfield AI Infrastructure Fund, which features Nvidia as a cornerstone investor and aims to invest up to $100 billion in acquiring AI Infrastructure. Brookfield recently expanded that partnership fivefold to $25 billion. It's part of Brookfield's strategy to advance a new model for data centers that integrates power, compute, data center infrastructure, and capital.
Only scratching the surface of the opportunity Foundational models and generative AI will drive powerful electricity demand in the coming decade. Forecasters anticipate that AI data centers in the U.S. alone could surpass 100 GW by 2035. That's a massive opportunity for Bloom, especially as more companies turn to on-site solutions to power their data centers. In its recently published annual Data Center Power Report, Bloom found that 61% of developers plan to bring their own power if the grid can't meet their needs.
While Bloom isn't the only fuel cell maker vying for the data center market, no other company can match its scale and financial resources. Many of its peers are still losing money. Bloom Energy, on the other hand, is increasingly profitable. Its revenue rocketed 130% in the first quarter to $751.1 million, while its operating income jumped $91.2 million to $72.2 million. The company is also generating positive operating cash flow ($73.6 million in the first quarter). That's giving it the funds to reinvest in expanding its capacity. It also has the backing of Brookfield's $25 billion strategic partnership.
Not quite as expensive Surging demand for Bloom's fuel cells has catapulted its stock, which has skyrocketed nearly 750% in the past year. While I missed that rally, I still think Bloom has plenty of room to continue growing shareholder value. Its stock price has cooled off a bit from the peak (down more than 35%), giving it a slightly more reasonable valuation of around 16 times forward sales at its current $62 billion market cap. Given its recently expanded strategic partnerships, I expect Bloom's revenue to continue growing briskly in the coming years. Even though I'd prefer to buy Bloom even lower, I also don't want to miss out on its high-powered growth potential. That's why I plan to buy some shares in the very near future and add if it gets cheaper.
Matt DiLallo has positions in Brookfield Asset Management and has the following options: short August 2026 $150 puts on Bloom Energy. The Motley Fool has positions in and recommends Bloom Energy, Brookfield Asset Management, Nvidia, and Oracle. The Motley Fool has a disclosure policy.
Bloom Energy (NYSE:BE) shares are tumbling 13% to $188 in Friday afternoon trading, dragging Bloom’s peers lower across the hydrogen and fuel-cell complex. FuelCell Energy (NASDAQ:FCEL) stock is off 9% to $21, while Plug Power (NASDAQ:PLUG) shares are slipping 4% to $2.10.
There isn’t a clean, company-specific catalyst behind the Bloom Energy stock move today. It looks like high-beta profit-taking on a broad risk-off session, with a crowded AI-power trade unwinding after powerful rallies in Bloom Energy and FuelCell Energy shares.
The Global X Hydrogen ETF (NYSEARCA:HYDR), which holds all three names, is down 5% to $42. That confirms the pressure is sector-wide rather than idiosyncratic to any one issuer.
Bloom Energy Leads the Drop After a Vertical Run Bloom Energy stock is still up 119% year to date (YTD) even after Friday’s drop, and that gain is really the point. Vertical rallies invite sharp air pockets when momentum flips, and today has the look of one of those days.
The bull case, which powered the rally, centers on the company’s on-site power deals for AI data centers, including a warrant partnership with Oracle (NYSE:ORCL | ORCL Price Prediction). Bloom Energy’s Q1 2026 report reinforced that story, with revenue of $751.1 million, up 130.4% year over year (YoY), and management raised the company’s full-year guidance to $3.4 billion to $3.8 billion.
The overhang is an early-July short-seller report that questioned Bloom Energy’s supply-chain and production-capacity claims and prompted a securities class-action investigation. Nothing new hit the wire today, but the bears have a ready-made narrative when the market turns defensive.
FuelCell Energy Cools After a Face-Ripping Rally FuelCell Energy stock is trading at $21.37, off 8% on the session, yet the shares are still up 192% YTD. That 2026-to-date figure is the biggest in the group and explains why the pullback still looks orderly relative to the underlying gain.
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FuelCell Energy’s Q2 2026 earnings report was mixed. The company’s revenue came in at $35.6 million, down 5% YoY, and the company took a $42.6 million non-cash impairment tied to its Groton project. The offset is a commercial pipeline management put at 4 gigawatts, with 90% tied to data center proposals.
Plug Power’s Smaller Drop Reflects a Smaller Rally Plug Power stock is down 4%, the mildest hit of the three. That’s less a sign of relative strength than of a stock that never joined the parabolic move, with Plug Power shares up only 7% YTD.
Plug Power’s Q1 2026 report showed revenue of $163.5 million, up 22.3% YoY, and management is targeting positive EBITDAS in Q4 2026. The company also flagged roughly $275 million in expected proceeds from hydrogen project asset monetization, a key liquidity marker for a story that still runs on cash.
What Investors Can Watch Next The Global X Hydrogen ETF is a narrow, single-theme fund, and its 30% YTD gain shows exactly how concentration risk can cut both ways. Investors sizing their exposure via HYDR or these single-stock names should consider keeping their position sizes modest given the volatility on display today.
The bull case still rests on AI data center power demand, and Bloom Energy’s Oracle-linked deals remain the clearest evidence that thesis is real. The bear case, sharpened by the July short-seller report, is that valuations already price in a lot of that growth, and any slowdown in adoption could unwind more of the rally.
Investors can watch for whether Friday’s selling persists into next week and whether Bloom Energy stock holds $185. Forward earnings updates from all three companies in the weeks ahead could reset the narrative in either direction.
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SummaryBloom Energy is positioned as a critical AI infrastructure enabler, addressing hyperscaler power constraints with modular, on-site fuel cell solutions.Q1 2026 results proved BE’s scalable model, with 130% YoY revenue growth, expanding margins, and credible upward guidance for 2026.Strategic partnerships—especially Brookfield’s $25B commitment and Oracle’s multi-GW deployments—underscore BE’s moat in rapid, financed power delivery.Despite valuation volatility and customer concentration risks, BE’s operational leverage and AI-driven demand support a long-term Buy rating. da-kuk/E+ via Getty Images
Elevator Thesis The conversation around AI infrastructure has changed, to say the least.
Semiconductors remain important as Nvidia (NVDA) continues to scale supply, and Taiwan Semiconductor (TSM) continues to add
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The upcoming report from Bloom Energy (BE - Free Report) is expected to reveal quarterly earnings of $0.39 per share, indicating an increase of 290% compared to the year-ago period. Analysts forecast revenues of $766.88 million, representing an increase of 91.1% year over year.
Over the last 30 days, there has been a downward revision of 1.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Bloom Energy metrics that are commonly monitored and projected by Wall Street analysts.
According to the collective judgment of analysts, 'Revenue- Installation' should come in at $85.92 million. The estimate indicates a year-over-year change of +129.9%.
Analysts' assessment points toward 'Revenue- Service' reaching $71.81 million. The estimate indicates a year-over-year change of +31.9%.
The consensus among analysts is that 'Revenue- Electricity' will reach $14.33 million. The estimate points to a change of +11.8% from the year-ago quarter.
Analysts predict that the 'Revenue- Product' will reach $641.95 million. The estimate points to a change of +116.4% from the year-ago quarter.
The consensus estimate for 'Gross profit (loss)- Product' stands at $242.62 million. The estimate compares to the year-ago value of $97.87 million.
The collective assessment of analysts points to an estimated 'Gross profit (loss)- Electricity' of $3.99 million. The estimate compares to the year-ago value of $5.07 million.
Analysts expect 'Gross profit (loss)- Service' to come in at $9.91 million. Compared to the present estimate, the company reported $5.04 million in the same quarter last year.
View all Key Company Metrics for Bloom Energy here>>>
Over the past month, shares of Bloom Energy have returned -29.7% versus the Zacks S&P 500 composite's +0.6% change. Currently, BE carries a Zacks Rank #1 (Strong Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
SummaryBloom Energy is upgraded from Hold to Buy, driven by its tech moat in solid oxide fuel cells and accelerating growth.BE’s Q1 revenue surged 130% YoY, with the product segment up 208% and strong margin expansion across all segments.I expect Q2 catalysts: higher segment margins, another large hyperscaler deal, sustained positive operating cash flow, and continued manufacturing cost reductions.Despite premium valuation, BE’s profitability, $20B backlog, and asset-light shift support significant growth potential, with regulatory and execution risks to monitor. Sundry Photography/iStock Editorial via Getty Images
Investment Thesis Since my last coverage, Bloom Energy (BE) is up almost 100%, driven by its tech moat in developing solid oxide fuel cells (SOFCs), which can use various fuels as inputs in order
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BE over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Aureus Asset Management LLC acquired a new stake in shares of Bloom Energy Corporation (NYSE:BE – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,549 shares of the company’s stock, valued at approximately $616,000.
Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. raised its position in Bloom Energy by 37.2% during the 1st quarter. Blue Trust Inc. now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 51 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Bloom Energy in the 1st quarter worth approximately $27,000. WPG Advisers LLC grew its position in shares of Bloom Energy by 26.4% in the 4th quarter. WPG Advisers LLC now owns 321 shares of the company’s stock worth $28,000 after buying an additional 67 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of Bloom Energy by 45.5% in the 4th quarter. Hantz Financial Services Inc. now owns 320 shares of the company’s stock worth $28,000 after buying an additional 100 shares during the last quarter. Finally, Godsey & Gibb Inc. increased its stake in shares of Bloom Energy by 2,000.0% during the first quarter. Godsey & Gibb Inc. now owns 210 shares of the company’s stock valued at $28,000 after buying an additional 200 shares during the period. 77.04% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In Several analysts recently weighed in on BE shares. Wall Street Zen upgraded shares of Bloom Energy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Evercore reissued an “outperform” rating and issued a $350.00 price target on shares of Bloom Energy in a research note on Wednesday, July 1st. Robert W. Baird restated an “outperform” rating and issued a $310.00 price objective on shares of Bloom Energy in a report on Thursday, July 9th. Citigroup reaffirmed a “hold” rating on shares of Bloom Energy in a research report on Thursday, July 16th. Finally, JPMorgan Chase & Co. upped their target price on Bloom Energy from $267.00 to $346.00 and gave the stock an “overweight” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bloom Energy currently has an average rating of “Hold” and an average price target of $254.00.
Get Our Latest Analysis on Bloom Energy
Insiders Place Their Bets In other news, CAO Maciej Kurzymski sold 2,259 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $288.62, for a total value of $651,992.58. Following the completion of the transaction, the chief accounting officer owned 79,686 shares in the company, valued at $22,998,973.32. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 55,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $297.69, for a total transaction of $16,372,950.00. Following the sale, the director directly owned 238,333 shares in the company, valued at approximately $70,949,350.77. The trade was a 18.75% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 153,617 shares of company stock worth $44,003,909. 3.00% of the stock is owned by corporate insiders.
Bloom Energy Stock Down 3.0% Shares of Bloom Energy stock opened at $219.40 on Thursday. The company has a 50-day simple moving average of $274.14 and a two-hundred day simple moving average of $205.91. The stock has a market capitalization of $62.41 billion, a PE ratio of -4,387.08 and a beta of 3.73. Bloom Energy Corporation has a 52-week low of $25.74 and a 52-week high of $351.28. The company has a debt-to-equity ratio of 2.90, a quick ratio of 4.10 and a current ratio of 5.03.
Bloom Energy (NYSE:BE – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The firm had revenue of $751.05 million for the quarter, compared to analysts’ expectations of $539.94 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The business’s revenue for the quarter was up 130.4% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. On average, analysts anticipate that Bloom Energy Corporation will post 1.43 EPS for the current fiscal year.
Key Stories Impacting Bloom Energy Here are the key news stories impacting Bloom Energy this week:
Positive Sentiment: JPMorgan boosted its price target on Bloom Energy and reaffirmed an Overweight rating, pointing to strong long-term delivery potential and AI-related demand. Why Bloom Energy (BE) Stock Is Trading Up Today Positive Sentiment: Bloom Energy has been tied to a reported $1.7 billion AI data center contract, reinforcing the view that AI infrastructure demand could support growth. Bloom Energy Soars 15% on $1.7 Billion AI Data Center Deal Neutral Sentiment: Investor commentary from Polen Capital highlighted Bloom Energy as a stock benefiting from AI-driven power demand, but this was more of a thesis update than a fresh catalyst. Bloom Energy Corporation (BE) Rose on AI-Driven Power Demand Negative Sentiment: After the recent surge, BE pulled back and underperformed the broader market, indicating some profit-taking or cooling momentum. Bloom Energy (BE) Suffers a Larger Drop Than the General Market: Key Insights Bloom Energy Company Profile (Free Report)
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.
Recommended Stories Five stocks we like better than Bloom Energy Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE – Free Report).
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Bloom Energy (BE -3.01%) stock soared 248.4% in the first half of 2026, according to data provided by S&P Global Market Intelligence.
From opening the first trading day of 2026 at a sleepy $90.57 to an absolute star topping out above $300 by the end of June, the stock wasn't just riding the artificial intelligence (AI) hype. Bloom Energy's surge was fueled by a rapid-fire sequence of huge contracts, earnings beat, and a full-year outlook that left Wall Street gasping for breath.
Image source: Getty Images.
Bloom Energy is solving the AI power crunch Things really ignited in mid-April for Bloom Energy when tech giant Oracle expanded its partnership, signing a master services agreement to procure up to 2.8 gigawatts (GW) of Bloom Energy's fuel cell systems for its aggressive AI infrastructure buildout.
Guess how it all started? Bloom Energy had deployed a fuel-cell system for Oracle in 2025, but it did that in just 55 days, more than a month ahead of schedule.
That 55-day proof-of-concept was a game-changer. It proved that hyperscalers are increasingly recognizing the viability of fuel cells as a gigawatt-scale solution for powering next-generation AI infrastructure.
Traditional utility grids simply weren't built for AI loads. Expanding and building high-voltage transmission lines can take years, and hyperscalers can't wait that long to turn on their software and chips. Bloom Energy's solid-oxide fuel cell systems, which can convert hydrogen, natural gas, and biogas into electricity without combustion, can be deployed "behind-the-meter" directly on data center sites within months.
All of that massive demand is already showing up in Bloom Energy's numbers.
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Blowout numbers, massive contract wins The company delivered a blowout first quarter in April, with revenue surging 130% year over year and operating profit swinging from a $19 million loss to a $72 million profit. Bloom posted a solid 30% gross margin in Q1.
Product revenue alone soared 208% to a record $653 million during the quarter as Bloom rapidly converted its backlog into cash flows. Management raised full-year revenue growth guidance from around 60% to around 80% at the midpoint, dismissing AI slowdown fears.
On June 30, Bloom Energy dropped another bomb that stunned the markets. It expanded its $5 billion partnership with Brookfield Asset Management to a whopping $25 billion.
For Bloom Energy, this is about as good as it gets. It gives them a huge runway of demand that stretches out for years. And, it proves that the players in finance believe off-grid, on-site power is the real answer to the grid crisis and are betting big on that.
Should you buy Bloom Energy stock before July 2028? Bloom Energy is sitting right at the intersection of a severe AI power shortage and a utility grid that doesn't have the capacity or the ability to upgrade fast enough to fix it.
Earlier in the year, Bloom Energy reported a $20 billion backlog as of the end of 2025. Between its high margins, massive backlog, and contract flows, the long-term story looks stronger than ever.
What could be the next big trigger for the stock? July 28, when Bloom Energy will report its second-quarter numbers. Last quarter, management projected full-year revenue growth of 80% at the midpoint. Another backlog and profit surge in Q2, and Bloom Energy stock could fly even higher.
Bloom Energy (BE - Free Report) closed at $218.22 in the latest trading session, marking a -3.55% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.14%. Elsewhere, the Dow saw a downswing of 0.01%, while the tech-heavy Nasdaq depreciated by 0.57%.
Prior to today's trading, shares of the developer of fuel cell systems had lost 29.73% lagged the Oils-Energy sector's gain of 5.65% and the S&P 500's gain of 0.25%.
Analysts and investors alike will be keeping a close eye on the performance of Bloom Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on July 28, 2026. On that day, Bloom Energy is projected to report earnings of $0.39 per share, which would represent year-over-year growth of 290%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $766.88 million, up 91.13% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.1 per share and a revenue of $3.72 billion, representing changes of +176.32% and +83.86%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Bloom Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 6.7% higher. Bloom Energy currently has a Zacks Rank of #1 (Strong Buy).
Looking at valuation, Bloom Energy is presently trading at a Forward P/E ratio of 107.52. This represents a premium compared to its industry average Forward P/E of 17.7.
The Alternative Energy - Other industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 105, putting it in the top 43% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Bloom Energy (BE +16.46%) stock snapped out of its recent slump this morning, jumping 14% as of 12:05 p.m. ET Tuesday.
While shares of the fuel cell maker had taken a breather in recent weeks following its massive 248% run in the first half of 2026, at least one analyst believes now's the time to buy, predicting shares could surge another 75% from current levels.
Image source: Getty Images.
Why analysts expect Bloom Energy stock to soar In a fresh note to investors, JP Morgan analyst Mark Strouse raised Bloom Energy stock's price target to $346 per share from $267 a share. That's an almost 75% upside from the stock's Monday closing price.
Strouse projects Bloom Energy could deliver 4.1 gigawatts (GW) of fuel capacity in fiscal year 2030, driven by aggressive demand from tech companies desperate for immediate, off-grid power to start their data centers.
Bloom Energy's recent contracts are central to JP Morgan's massive projection, especially its deepening ties with Brookfield Asset Management.
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What began as a $5 billion deal between the fuel-cell expert and asset management giant to power AI data centers has now expanded fivefold into a $25 billion mega-partnership, reflecting a colossal appetite from hyperscalers who need clean, reliable electricity online long before traditional utility grids can deliver it.
Should you buy Bloom Energy stock before July 28? Given the severe AI power crunch and Bloom Energy's proven track record, two outcomes seem almost inevitable in the near term: a steady drumbeat of new contract announcements and another set of bumper numbers when it reports its second-quarter earnings on July 28 after market close.
Last quarter, management raised its full-year revenue growth guidance from around 60% to around 80% at the midpoint. That's phenomenal growth for a company operating at this scale.
So is the stock a buy now? While jumping right before earnings is a speculative move, Bloom Energy isn't a speculative stock. It has positioned itself for the AI power boom, setting itself up way ahead of the competition to exploit the market.
Multi-billion-dollar contracts, a soaring backlog, and expanding high-margin product sales makes Bloom Energy stock a rock-solid buy on dips for the long term, not just one earnings report.
JPMorgan Chase is an advertising partner of Motley Fool Money. Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bloom Energy, Brookfield Asset Management, and JPMorgan Chase. The Motley Fool has a disclosure policy.
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Shares of FuelCell Energy (NASDAQ:FCEL) are up 6% to $19.63 in Monday morning trading, while Bloom Energy (NYSE:BE) shares are down 6% to $202.92. The split reveals a fuel-cell trade that has stopped moving as one.
Peer Plug Power (NASDAQ:PLUG) shares are down 2% to $2.13, still stuck in the low single digits after a punishing multi-year drawdown. Year to date (YTD), Bloom Energy stock is up 133%, FuelCell Energy stock has gained 167%, and Plug Power stock is up by just 7%.
The setup matters because all three names ride the same AI data center power thesis. Today, the market is cheering one and doubting another, and it doesn’t look like a coincidence.
Bloom Energy Slides on TD Cowen Caution Bloom Energy shares are under pressure after TD Cowen reiterated a Hold rating with a $235 price target this morning. The analyst flagged that flagship Oracle (NYSE:ORCL | ORCL Price Prediction) and American Electric Power (NASDAQ:AEP) data center projects face major delays that could pressure 2027 and 2028 estimates.
TD Cowen also called Bloom Energy stock fully valued at a P/E ratio of 514x and a price-to-book ratio of 66. That reset lands on a stock already carrying an overhang from the July 8 Hunterbrook “Bloom’s Big Lie” short report, which alleged hidden China dependence for scandium supply.
Bloom Energy has pushed back hard. The company categorically rejected the allegations as “false and misleading” in an 8-K filing. Management framed the report as an opportunistic attack on a name that has run sharply this year, and the response has been unambiguous in defending the supply chain narrative.
Other desks remain constructive on Bloom Energy stock. Baird kept an Outperform rating with a $310 target, UBS reiterated Buy at $350, and RBC held Outperform at $335. Bloom Energy also recently posted a profitable quarter with $0.23 in earnings per share, but the premium multiple leaves little room for slippage on execution.
FuelCell Energy Extends Rally on AI Power Optimism FuelCell Energy stock’s rally on Monday appears to be a continuation of a bullish backdrop tied to AI data center power demand.
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The setup started with UBS upgrading FuelCell Energy to Buy with a $27 target on July 14, sending shares 12% higher that day. B. Riley had already moved to Buy with a $32 target on June 29. Siemens then signed a collaboration on 100-plus MW fuel-cell systems, and Fit Energy agreed to source up to 380 MW of on-site power for AI data centers.
UBS has framed the Fit Energy agreement as a small-first, scale-later playbook similar to Bloom Energy’s Oracle and AEP pattern. FuelCell Energy remains unprofitable, with trailing EPS of -$6.20 and TTM revenue of $167.87 million, so today’s story is about pipeline conversion rather than earnings power.
Plug Power Lags as the Sector Splits Plug Power shares continue to drift. There’s no near-term catalyst to close the gap with FuelCell Energy and Bloom Energy, and the company remains loss-making with $150 million in Q1 2026 operating cash burn against $223.2 million in unrestricted cash.
Recent asset sales to Brookfield Asset Management (NYSE:BAM) affiliate Stream Data Centers have added liquidity but done little for Plug Power stock. The market evidently wants proof of cash generation, not survival milestones, and that gap may continue to weigh on PLUG stock.
What to Watch The narrow, volatile Global X Hydrogen ETF (NASDAQ:HYDR) holds all three names in its top positions, making the ETF a clean read on how the sector prices this divergence. It’s a concentrated, single-theme fund, and the cross-currents inside it can be sharp.
Bloom Energy’s next earnings report is slated July 28, which sets a hard test for the bull thesis after today’s TD Cowen call. Investors can watch for whether FuelCell Energy stock holds above $19 in the coming sessions and whether Bloom Energy stock finds support at $200.
The takeaway is straightforward: the fuel-cell trade is no longer a single bet, and investors should keep their position sizes modest while the market re-prices the winners and doubts the rest.
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After another big run-up early this year, Bloom Energy (BE +3.98%) is stumbling again. Shares are down nearly 40% from their late-June peak, in fact, suggesting investors still don't remain fully convinced that hydrogen fuel cells will play a prominent role in the energy industry's future.
It's becoming increasingly difficult to hold onto those doubts, though, given all the deals now being made between fuel cell makers like Bloom and electricity-hungry AI data centers' owners and operators. Case(s) in point: Just a few days ago, artificial intelligence data center company ECL inked a contract to deploy 300 megawatts worth of hydrogen fuel cells made by Sweden's PowerCell.
Shortly before that, heavy equipment maker Siemens agreed to co-develop distributed energy solutions specifically for data centers with FuelCell Energy, just days after FuelCell Energy made a similar deal with Fit Energy USA.
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For its part, late last month investment manager and project developer Brookfield announced it would be quintupling its initial $5 billion purchase of power infrastructure manufactured by Bloom Energy. That follows April's announcement that technology giant Oracle more than doubled the amount of power it initially needed from Bloom's onsite fuel cell power solutions, from 1.2 gigawatts to 2.8 gigawatts.
Read between the lines. Hydrogen fuel cells are finally entering the mainstream as an option for powering artificial intelligence data centers. Now that the proverbial floodgates are open, investors will have little choice but to notice the companies making the noise. With Bloom Energy, they'll not only find a company that's already profitable, but one expected to become increasingly so.
Data source: Morningstar. Chart by author.
Moreover, the fact that Bloom's solid-oxide fuel cells can also utilize natural gas or biogas clearly makes its tech uniquely marketable within a fuel cell market that Mordor Intelligence expects to grow an average of 37% per year through 2031.
In other words, the hydrogen fuel industry is at a tipping point. Nobody will be able to deny or ignore this by the end of the year. This, of course, lays a much firmer foundation for Bloom Energy shares.
James Brumley has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bloom Energy, Brookfield Asset Management, and Oracle. The Motley Fool recommends Brookfield Renewable and Siemens Energy Ag. The Motley Fool has a disclosure policy.
Bank of New York Mellon Corp cut its position in shares of Bloom Energy Corporation (NYSE:BE – Free Report) by 29.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,380,367 shares of the company’s stock after selling 568,154 shares during the quarter. Bank of New York Mellon Corp owned about 0.49% of Bloom Energy worth $187,026,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BE. Geode Capital Management LLC grew its holdings in Bloom Energy by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock worth $461,272,000 after purchasing an additional 269,662 shares during the period. Brooklands Fund Management Ltd bought a new position in Bloom Energy during the 4th quarter valued at approximately $347,560,000. Amundi increased its position in Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after buying an additional 2,511,426 shares in the last quarter. Norges Bank purchased a new position in Bloom Energy during the fourth quarter valued at $239,683,000. Finally, Goldman Sachs Group Inc. raised its stake in Bloom Energy by 50.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,498,840 shares of the company’s stock valued at $49,127,000 after buying an additional 836,810 shares during the last quarter. 77.04% of the stock is owned by hedge funds and other institutional investors.
Insider Activity In other news, Director Mary K. Bush sold 25,000 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $266.96, for a total transaction of $6,674,000.00. Following the transaction, the director directly owned 108,524 shares of the company’s stock, valued at $28,971,567.04. This represents 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, insider Shawn Marie Soderberg sold 35,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider owned 341,731 shares in the company, valued at approximately $95,342,949. This trade represents a 9.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 153,617 shares of company stock valued at $44,003,909 over the last three months. Corporate insiders own 3.00% of the company’s stock.
Trending Headlines about Bloom Energy Here are the key news stories impacting Bloom Energy this week:
Positive Sentiment: IDF and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells for Nebius’ AI infrastructure, supporting growth in Bloom’s core power technology and strengthening its AI-related revenue opportunity. Reuters article Positive Sentiment: Additional coverage and commentary have highlighted Bloom Energy’s strong stock performance and momentum, with analysts describing it as a stock benefiting from solid quarterly results and long-term gains. Yahoo Finance article Neutral Sentiment: Bloom Energy has also appeared on momentum screens and in analyst-style market commentary, which may support trading interest but does not change the company’s fundamentals. Zacks article Negative Sentiment: Two law firms announced securities-fraud investigations into Bloom Energy following a short report, creating headline risk and raising concerns about potential disclosures or litigation. Business Wire article Negative Sentiment: Short-seller commentary and related reports have argued Bloom may face supply-chain risks and valuation concerns, which could pressure sentiment despite the AI deal news. Barchart article Bloom Energy Stock Up 3.5% Bloom Energy stock opened at $213.88 on Friday. The firm has a market cap of $60.84 billion, a price-to-earnings ratio of -4,276.78 and a beta of 3.73. The stock has a fifty day simple moving average of $278.38 and a two-hundred day simple moving average of $202.41. Bloom Energy Corporation has a 12 month low of $24.04 and a 12 month high of $351.28. 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 – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.32. The firm had revenue of $751.05 million during the quarter, compared to analysts’ expectations of $539.94 million. Bloom Energy had a return on equity of 21.05% and a net margin of 0.25%.The company’s revenue was up 130.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 earnings per share. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities analysts predict that Bloom Energy Corporation will post 1.43 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth A number of research firms have recently commented on BE. Roth Capital increased their target price on Bloom Energy from $225.00 to $285.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Morgan Stanley reaffirmed an “overweight” rating and issued a $310.00 price target on shares of Bloom Energy in a research report on Wednesday, April 29th. BTIG Research upped their price target on shares of Bloom Energy to $295.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Barclays raised their price objective on shares of Bloom Energy from $254.00 to $276.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $250.41.
Read Our Latest Report on BE
Bloom Energy Profile (Free Report)
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.
Further Reading Five stocks we like better than Bloom Energy Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs? The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story Why Intuitive Surgical’s Strong Quarter Still Spooked Investors Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE – Free Report).
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The search for reliable power in an AI-driven world has pushed Bloom Energy (BE +3.51%) and Constellation Energy (CEG +0.25%) into the spotlight, but which stock better serves your portfolio in 2026?
Bloom Energy provides on-site power through fuel cells, while Constellation Energy operates a massive fleet of nuclear plants. Both companies target the growing energy demands of data centers, yet they offer vastly different financial profiles. One is a high-growth disruptor still reaching for consistent profitability, while the other is a massive, established utility with steady cash flow.
The case for Bloom EnergyBloom Energy manufactures and installs the Bloom Energy Server, a solid oxide fuel cell platform that generates electricity on-site without combustion. The company primarily serves large-load customers in the data center and AI infrastructure sectors, including a landmark 1 GW supply agreement with American Electric Power. Customer concentration like this adds a layer of risk to the business, as it depends heavily on a few large-scale contracts.
In FY 2025, revenue reached roughly $2.0 billion, a significant jump from the $1.5 billion reported in the prior year. This represents revenue growth of approximately 37.3%. Despite the growth, the company reported a net loss of nearly $88.4 million for the period, resulting in a net margin of negative 4.4%.
As of its December 2025 balance sheet, the debt-to-equity ratio is roughly 3.9x. This metric compares total debt to shareholder equity, suggesting the company relies more on borrowed funds than owner investment. The current ratio stands at approximately 6.0x, which measures a company's ability to cover its short-term debts with assets that can be converted to cash quickly. In the fiscal year ended 2025, the company generated free cash flow of about $57.2 million, which is the cash left over after paying for operations and equipment, often used among industrial stocks to fund further expansion.
Constellation Energy is the largest nuclear energy company in the United States and a major supplier of carbon-free electricity. Following the acquisition of Calpine, it now operates with approximately 55 GW of generation capacity and serves three-fourths of the Fortune 100. To satisfy regulators, the company is divesting roughly $5 billion in assets to LS Power while maintaining long-term agreements to provide clean power to technology hyperscalers.
In FY 2025, revenue reached approximately $25.5 billion, marking revenue growth of roughly 8.3%. The company generated a net income of nearly $2.3 billion. This resulted in a net margin of about 9.1%, which measures how much profit a company keeps from every dollar of sales after all expenses are paid.
Based on the December 2025 balance sheet, Constellation carries a debt-to-equity ratio of nearly 0.6x. This lower figure suggests the company has a conservative amount of debt relative to its equity. Its current ratio is approximately 1.5x, indicating it has enough short-term assets to meet its immediate obligations. Free cash flow for FY 2025 reached nearly $1.3 billion, providing significant capital to reinvest in its massive energy infrastructure.
Risk profile comparisonBloom Energy relies heavily on securing third-party financing, including its $25 billion framework with Brookfield, to fulfill customer orders. The company faces stiff competition from established companies like NextEra Energy (NEE 0.62%) while attempting to double its factory capacity to 2 GW by the end of 2026. Regulatory changes to government incentives or utility interconnection tariffs also pose a threat to its future demand.
Integrating the Calpine acquisition remains a complex task for Constellation Energy that could impact expected cost savings. The company must also navigate the divestiture of roughly $5 billion in assets while facing financial risks from commodity price swings. Additionally, the business carries significant liabilities related to nuclear decommissioning and the long-term storage of spent nuclear fuel.
Valuation comparisonConstellation Energy appears significantly cheaper than Bloom Energy when comparing their Forward P/E ratios, which measure stock price against future earnings estimates.
MetricBloom EnergyConstellation EnergySector BenchmarkForward P/E96.5x21.5x240.6xP/S ratio29.1x3.5xn/aSector benchmark uses the SPDR XLI sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?Artificial intelligence (AI) requires huge amounts of electricity, making infrastructure upgrades a necessity. Both of these businesses stand to benefit from these demands, but in different ways.
Nuclear power is increasingly seen as one solution to surging power needs from AI data centers. Constellation is the nation’s largest operator of nuclear power plants and provides reliable carbon-free electricity. It has long-term contracts with data centers that generate predictable revenue. Its recent acquisition of Calpine Energy adds natural gas and geothermal resources, which act as an additional energy source during times of peak usage.
Bloom Energy takes an intriguing approach. It manufactures fuel cell systems that enable customers to generate on-site power rather than relying entirely on the grid. That could become increasingly attractive as utilities struggle to meet growing demand from AI data centers. The technology has enormous potential, but at the moment it depends on a small number of customers. It also trades at a much higher valuation than Constellation.
If I were willing to take a chance on the upside potential of an emerging technology, Bloom would be an interesting pick. But right now, I would choose Constellation Energy because of its established business model and long-term contracts. This stock provides lower-risk exposure to both the energy and AI sectors.
Artificial intelligence has turned power infrastructure into one of the market’s hottest investment themes in 2026. As hyperscale data centers multiply, companies that can supply electricity quickly have become Wall Street favorites. That enthusiasm has lifted everything from utilities to turbine manufacturers and fuel cell providers.
Yet the same growth story that fueled many of those gains is beginning to run into a less predictable obstacle: local opposition. For investors, the next phase of the AI infrastructure buildout may depend as much on regulators and communities as it does on technology. That shift matters for Bloom Energy (NYSE:BE).
Momentum Is Moving the Wrong Direction Bloom Energy has delivered an enviable return in 2026, with the stock climbing 149% year to date. Yet that headline figure hides a growing loss of momentum. Shares now sit roughly 39% below the June peak after investors began reassessing how quickly the company’s biggest opportunities can translate into revenue.
The first blow came earlier this month when a short seller questioned Bloom’s long-term growth assumptions and customer concentration. While the market didn’t fully embrace the bearish thesis, it added another layer of uncertainty just as expectations for AI infrastructure spending had become increasingly optimistic.
Now another development has put the spotlight back on execution risk.
Project Jupiter Faces Another Roadblock Oracle‘s (NYSE:ORCL | ORCL Price Prediction) proposed Stargate campus in New Mexico, called Project Jupiter, represents a planned $165 billion investment, making it one of the largest AI infrastructure projects under development. The project originally planned to rely on a natural gas-fired power plant, but following concerns from local officials and residents over emissions and water consumption, that was abandoned in favor of deploying up to 2.45 gigawatts of Bloom Energy’s solid oxide fuel cell technology.
That made the project one of Bloom’s most visible growth opportunities. Unfortunately for shareholders, the project was rejected by New Mexico regulators for a second time. Although the fuel cell approach remains under consideration, the required air permit application is still pending. The New Mexico Environment Department has ordered a public hearing, but as of mid-July no hearing date has been scheduled.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Bloom Energy didn't make the cut. Grab the names FREE today.
That doesn’t necessarily kill the project. It does push revenue further into the future, which matters for a stock priced around aggressive growth expectations.
A Bigger Trend Could Matter Even More Project Jupiter may be only one facility, but it highlights a broader challenge. Communities across the country are becoming more vocal about data center construction because of concerns over electricity demand, water consumption, land use, and environmental impacts. Until recently, most opposition remained local.
Now the issue has expanded. New York recently became the first state to approve a one-year statewide moratorium on new data center construction, raising the possibility that other states could adopt similar policies.
For Bloom Energy, that’s an important development because its growth narrative depends heavily on the rapid expansion of AI data centers. Delays don’t eliminate demand for electricity, but they can postpone orders for fuel cells, stretching out revenue recognition and making quarterly growth less predictable.
Key Takeaway In short, Bloom Energy remains well positioned to benefit from AI-driven power demand, and its fuel cell technology still offers advantages over traditional natural gas generation in locations where emissions and water use are major concerns. That said, investors should recognize that regulatory approvals are becoming just as important as technological advantages.
A 149% gain this year shows investors continue to believe in Bloom’s long-term opportunity. A 39% decline from its June high shows the market is also beginning to price in execution risk. Ultimately, if more data center projects encounter permitting delays or community resistance, Bloom’s growth could arrive more slowly than many shareholders have been expecting. That’s a risk investors shouldn’t ignore, even if the long-term demand for AI power infrastructure remains intact.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Bloom Energy didn't make the cut. Grab the names FREE today.
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE) investors concerning the Company’s possible violations of the federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON BLOOM ENERGY CORPORATION (BE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
What Happened?
On July 8, 2026, Hunterbrook published a report alleging, among other things, that despite the Company repeatedly claiming Bloom has “no China supply chain” and is “not dependent on China for scandium,” (the rare earth at the core of each Bloom fuel cell) “Bloom is, in fact, reliant on C5 Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.”
On this news, Bloom’s stock price fell $15.28, or 5.7%, to close at $254.29 per share on July 8, 2026, thereby injuring investors.
Contact Us to Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.
Glancy Prongay Wolke & Rotter LLP
1925 Century Park East, Suite 2100
Los Angeles, California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
Whistleblower Notice
Persons with non-public information regarding Bloom should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].
About Glancy Prongay Wolke & Rotter LLP
GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE) on behalf of investors concerning the Company's possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON BLOOM ENERGY CORPORATION (BE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.What Is The Investigation About?On July 8, 2026, Hunterbrook published a report alleging, among ot.
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE) investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BLOOM ENERGY CORPORATION (BE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On July 8, 2026, Hunterbrook published a report alleging, among other things, that despite the Company repeatedly claiming Bloom has “no China supply chain” and is “not dependent on China for scandium,” (the rare earth at the core of each Bloom fuel cell) “Bloom is, in fact, reliant on C5 Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.”
On this news, Bloom’s stock price fell $15.28, or 5.7%, to close at $254.29 per share on July 8, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Bloom securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: [email protected],
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Key Takeaways MU soared 653.3% over the past year before sliding 14% in one week, with a Momentum Score of A.PENG surged 165.1% in a year, then fell 19% over the past week, while earning an A score.BE jumped 750.4% in the past year but dropped 19.6% in one week, with a Momentum Score of A. Heightened market volatility returned to the broader U.S. equity markets as the Iran-U.S. war resumed, with both parties launching fresh strikes. This affected the free passage of commercial vessels through the Strait of Hormuz, leading to spiraling oil prices that pulled down the stock market. However, easing inflation readings for June eased concerns of a near-term interest rate hike, triggering a short-term market rally that was further supported by a spirited performance by semiconductor stocks. But concerns over artificial intelligence (AI) spending weighed on investor sentiments and dragged the overall markets lower.
The spotlight is now on the Federal Reserve Chairman Kevin Warsh as investors look for cues to the monetary policy and gauge an idea of the future stock market direction. Amid the vagaries of the market, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks, like Micron Technology, Inc. (MU - Free Report) , Penguin Solutions, Inc. (PENG - Free Report) and Bloom Energy Corporation (BE - Free Report) when value or growth investing fails to generate the desired profits.
This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. Momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.
Momentum strategies have been known to be alpha-generative over a long period and across market stages. Therefore, this strategy is quite tricky to implement, as detecting these trends is not easy. Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from long-term price momentum and a short-term pullback in price.
Screening Parameters for Momentum Anomaly StocksPercentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year.
Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price.
Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here.
Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process, as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks.
Current Price Greater Than $5: The stocks must all be trading at a minimum of $5.
Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price.
Average 20-Day Volume Greater Than 100,000: A substantial trading volume ensures that these stocks are easily tradable.
Here are three of the four stocks that made it through this screen:
Headquartered in Boise, ID, Micron manufactures and sells memory and storage products across the globe. It serves the data center, PC, graphics, networking, automotive, industrial and consumer embedded markets, as well as the smartphone and other mobile-device markets.
The stock has soared 653.3% over the past year but lost 14% over the past week. Micron has a Momentum Score of A.
Headquartered in Fremont, CA, Penguin is a leading provider of memory and AI infrastructure, powering business enterprises, sovereign AI initiatives and neocloud providers. It operates globally through an extensive network of R&D, manufacturing and sales locations.
The stock has surged 165.1% over the past year but declined 19% over the past week. Penguin has a Momentum Score of A.
Headquartered in San Jose, CA, Bloom Energy manufactures, sells and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs.
The stock has surged 750.4% in the past year but declined 19.6% in the past week. Bloom Energy has a Momentum Score of A.
Bloom Energy stock is moving from bad to worse as it crashed to $206, its lowest level since April last year. BE has slumped by over 40% from its all-time high as concerns about its valuation and the data center industry remained. This retreat has seen its market capitalization fall from $98.7 billion to $58 billion.
Bloom Energy is a top company that provides on-site power in various industries like retail and data centers. It counts companies like Nebius, CoreWeave, Walmart, Equinix, and Honda as clients.
While Bloom has been in the industry for over 25 years, its business has come into the limelight during the data center boom. It has inked several multi-billion-dollar deals in the past few months that have helped its stock soar to a record high.
The boom has helped its revenue surge. Its recent results showed that its revenue jumped by 130% to $751 million. This revenue growth was driven by the data center industry, a trend that may continue in the foreseeable future.
Its gross margin continued rising, reaching 30%, while its operating income jumped to $72 million. Most notably, the company is expected to continue growing in the near future.
The annual revenue is expected to jump to $3.75 billion this year, up by 85% from last year. It will then make $4.7 billion next year, up by 73% YoY. The chances are that the real figures will be higher than this, as it has done in the past few quarters.
Therefore, the stock has plunged in the past few weeks for several reasons. First, this retreat is mostly because of what is happening in the stock market, where many companies that did well during the AI boom have pulled back. This includes popular names like CoreWeave, Nebius, and SanDisk.
Second, there are concerns about the data center industry in the United States. New York has put a moratorium on new data centers, while estimates show that cancellations worth over $64 billion have been announced. These cancellations will likely impact its business in the long term.
Additionally, Wall Street is sending jitters on Oracle, which placed a large order from Bloom Energy. Oracle stock has tumbled to $124, its lowest level since April last year as concerns about its debt rose. As such, there is a risk - possibly unfounded - that Oracle may slow its data center spending over time.
Additionally, Bloom Energy is not a cheap company, with its non-GAAP forward price-to-earnings ratio being 95.60. This multiple is much higher than the energy sector median of 21. As such, the ongoing retreat could be because it is going through a valuation reset. This likely explains why the short interest has jumped to nearly 7%.
BE stock chart | Source: TradingView
BE stock has plunged from the year-to-date high of $350 to the current $206, its lowest level since April 20th. It has dropped below the lower side of the rising broadening wedge pattern.
The stock has dropped below the Major S/R pivot point of the Murrey Math Lines tool at $250. On the positive side, the stock remains above the strong, pivot, reverse level of the Murrey Math Lines and the 200-day moving average.
Therefore, all hope is not lost for the stock as the earnings season gets underway. A drop below the 200-day MA will point to more downside, potentially to the ultimate support of $125.
CompaniesJuly 16 (Reuters) - Industrial Development Funding (IDF) and U.S.-based asset manager Oaktree said on Thursday they will invest $1.7 billion in deploying Bloom Energy's (BE.N), opens new tab fuel-cell technology to help power AI cloud infrastructure, including dedicated electricity supply for Nebius' AI computing operations.
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The investment will fund behind-the-meter power generation using Bloom's fuel cells, allowing Nebius to meet growing demand for AI compute capacity, the companies said.
IDF is leading the development of the Nebius project, while Oaktree is participating as a minority equity investor.
Data center operators are increasingly turning to nuclear, renewables and fuel cells to meet soaring power needs from AI and cloud computing, fueling billions in new infrastructure spending.
Brookfield (BAM.N), opens new tab in 2025 had agreed to invest up to $5 billion in Bloom's fuel cell technology to power data centers
Fuel cells offer a cleaner alternative to traditional power by generating electricity through chemical reactions rather than combustion. Depending on the fuel, byproducts can include water and heat, making them more environmentally friendly.
Reporting by Katha Kalia in Bengaluru; Editing by Shailesh Kuber
Our Standards: The Thomson Reuters Trust Principles., opens new tab
, /PRNewswire/ -- Industrial Development Funding ("IDF") and Oaktree today announced $1.7 billion in project investment as part of a broader commitment to support the deployment of Bloom Energy's (NYSE: BE) fuel cell technology for the build-out of AI cloud infrastructure. Once complete, the project will provide dedicated behind-the-meter power, helping Nebius meet demand for the compute capacity underpinning its AI cloud platform. Nebius selected Bloom for its speed to power, clean technology, and ability to support the performance and availability demands of AI workloads.
IDF is the lead developer of the Nebius project, with minority equity participation from Oaktree. Morgan Stanley served as sole tax equity investor and placement agent for the tax equity financing, and MUFG Bank provided the senior debt financing.
"By bringing together institutional capital and critical power infrastructure, IDF and Bloom are unlocking the next generation of energy solutions and are proud to help Nebius meet the energy demands of the AI economy," said Nik Nunes, Chief Executive Officer of IDF.
Austin Pearson, Oaktree Managing Director, said, "Oaktree is focused on investing in infrastructure assets delivering critical power to the digital space. This transaction reflects our confidence in Bloom's fuel cell technology and those relying on it."
"AI infrastructure customers need more than innovative technology," said Aman Joshi, Chief Commercial Officer of Bloom Energy. "They also need a path to finance and deploy power rapidly. Our collaboration with IDF demonstrates how institutional capital can help accelerate the build-out of AI infrastructure."
"Morgan Stanley is proud to partner with IDF, Bloom Energy and Nebius on this landmark behind-the-meter transaction delivering rapid power solutions to critical AI infrastructure," said Jorge Iragorri, Co-Head of Infrastructure Capital Markets at Morgan Stanley.
"MUFG is pleased to support Nebius, IDF, and Bloom on this landmark transaction, which provides an innovative and efficient solution for data center power demand while meeting the needs of the local community," said Fred Zelaya, Managing Director – Project Finance.
Today's announcement reflects IDF's broader strategy to invest in clean energy, digital infrastructure, transportation, and industrial sectors through bespoke capital solutions. It expands collaboration between IDF and Bloom Energy that has enabled multiple transactions and a diversified portfolio of over $2.6 billion in Bloom Energy projects.
About Industrial Development Funding
Industrial Development Funding, LLC ("IDF") is an investment advisor registered with SEC that manages capital for Qualified Institutional Buyers. IDF's proprietary funding solutions enable large industrial companies to sell existing products or introduce new products to the marketplace. IDF provides bespoke capital solutions to companies across the digital infrastructure, power and transportation sectors. Website: www.indevfunding.com.
About Oaktree Capital Management
Oaktree is a leader among global investment managers specializing in alternative investments, with $224 billion in assets under management as of March 31, 2026. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,500 employees and offices in 26 cities worldwide. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/.
Media contacts
Industrial Development Funding
Doug Rivenburgh ([email protected])
Oaktree Capital Management
Rachel Wood ([email protected])
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of International Bloom Energy Corporation (“Bloom” or “the Company”) (NYSE: BE) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Bloom is the subject of a research report published by Hunterbrook on July 8, 2026. The report claims that the Company “is, in fact, reliant on C5 Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook's messages with Bloom's suppliers in China." The Company has claimed it is “not dependent on China for scandium.”
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
In the latest close session, Bloom Energy (BE - Free Report) was down 1.65% at $239.38. The stock trailed the S&P 500, which registered a daily gain of 0.38%. On the other hand, the Dow registered a gain of 0.29%, and the technology-centric Nasdaq increased by 0.62%.
Prior to today's trading, shares of the developer of fuel cell systems had lost 13.34% lagged the Oils-Energy sector's loss of 1.03% and the S&P 500's gain of 1.61%.
The investment community will be paying close attention to the earnings performance of Bloom Energy in its upcoming release. The company is slated to reveal its earnings on July 28, 2026. The company's upcoming EPS is projected at $0.39, signifying a 290.00% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $766.88 million, indicating a 91.13% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.07 per share and revenue of $3.72 billion. These totals would mark changes of +172.37% and +83.86%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Bloom Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.9% increase. As of now, Bloom Energy holds a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Bloom Energy is currently exchanging hands at a Forward P/E ratio of 117.77. This signifies a premium in comparison to the average Forward P/E of 18.01 for its industry.
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 81, which puts it in the top 33% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
As the global energy transition accelerates, investors are weighing the potential of fuel cell technology to power a carbon-neutral future. Choosing between Bloom Energy (BE 1.92%) and Plug Power (PLUG 2.98%) requires a close look at their paths toward profitability.
Bloom Energy focuses on solid oxide fuel cells that provide on-site power for data centers and industrial sites. Plug Power aims to build a full green hydrogen economy, from production and liquefaction to fuel cell applications. Both companies are prominent players in the energy space, but they offer distinct business models for long-term investors.
The case for Bloom EnergyBloom Energy sells stationary power systems that operate without a connection to the traditional electrical grid. The company targets high-demand users in the industrial stocks category, including semiconductor manufacturers and hospitals. Oracle (ORCL +3.50%) remains a key partner for on-site power for AI data centers, and a recent $25 billion financing expansion with Brookfield Asset Management (BAM +3.16%) supports larger fuel cell deployments. Customer concentration like this adds a layer of risk to the business, as a significant portion of future growth depends on these core relationships.
In FY 2025, Bloom Energy reported revenue of more than $2 billion, representing approximately 37% growth over the prior year. Despite the rising sales, the company posted a wider net loss of $88.4 million.
As of its December 2025 balance sheet, the debt-to-equity ratio was approximately 3.9x. This ratio measures total debt against shareholder equity, and a higher number indicates more reliance on borrowed funds. Free cash flow for the year reached roughly $57.2 million. Free cash flow equals cash flow from operations minus capital expenditures, and a positive result means the business generated more cash than it spent on equipment.
The case for Plug PowerPlug Power provides end-to-end hydrogen solutions, including electrolyzers that create hydrogen and fuel cells that power vehicles. Walmart (WMT 1.10%) remains one of its primary revenue contributors, highlighting the company's focus on material handling and heavy-duty transport. Strategic partnerships include Orica for the Hunter Valley Hydrogen Hub in Australia. The company serves diverse industrial applications and remains focused on scaling its electrolyzer technology across five continents to support global energy needs.
During FY 2025, Plug Power generated $709.9 million in revenue, reflecting nearly 13% growth. The company faced significant challenges, reporting a net loss of approximately $1.6 billion for the period, though that was $500 million narrower than 2024.
Based on the December 2025 balance sheet, the debt-to-equity ratio is roughly 1.0x. Free cash flow was negative, sitting at $647 million. Free cash flow is calculated by subtracting capital expenditures from operating cash flow, and a negative figure indicates that the business is spending more than it generates from operations.
Risk profile comparisonBloom Energy faces risks related to its dependence on the AI sector, as any slowdown in data center growth could hurt demand. The company also relies on single-source suppliers for critical materials, which creates exposure to trade tariffs and logistics disruptions. Furthermore, project deployments are complex and often face permitting or interconnection delays that can delay production.
Plug Power carries liquidity risks, as consistent losses require the company to seek new sources of capital. Scaling hydrogen production has proven difficult, with facility start-ups and equipment reliability posing significant hurdles. The company also faces legal scrutiny from securities class-action lawsuits and questions about its disclosures to the Department of Energy.
Valuation comparisonPlug Power appears cheaper on a P/S ratio basis, which measures stock price against sales. However, Bloom Energy has a measurable Forward P/E, which compares the stock price to future earnings estimates.
MetricBloom EnergyPlug PowerSector BenchmarkForward P/E109xn/a242.8xP/S ratio26.1x3.9xSector benchmark uses the SPDR XLI sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Bloom Energy's core product is its Energy Server, a stand-alone power source for commercial and industrial customers. The Energy Server is based on solid oxide fuel cell technology and runs on natural gas, biogas, or hydrogen. Natural gas has historically been the dominant fuel, despite Bloom being heralded as a clean energy business in its early days.
The business aims to lower its cost of production by about 10% a year to attract more customers (its main markets are the U.S. and Korea). The AI datacenter boom is a tailwind for Bloom, which should see revenue leap 85% to $3.75 billion in fiscal 2026. That has Wall Street expecting a swing to net income of about $440 million.
Plug Power’s fuel cells run on clean-burning hydrogen, though creating hydrogen is often done in a process fueled by natural gas. Still, Plug Power sits more firmly in the renewable energy niche to customers, benefiting from many countries’ moves to green (not natural gas-created) hydrogen. It, too, is benefiting from the datacenter boom and from restored tax credits that make its systems more affordable to deploy.
For fiscal 2026, revenue growth is not as red-hot as Bloom’s, but still pretty good at nearly 15%, to reach $814 million. The net loss is seen narrowing to about $500 million.
While Bloom’s growth makes it seem like the better buy, long-term investors should consider that major customers Amazon.com Inc (AMZN +2.97%) and Walmart will be entering the replacement phase of their product cycle in the years to come. Plus, the European Union has strict mandates requiring 42% renewable industrial hydrogen use by 2030 as part of its energy security mandates. That has Plug Power positioned very nicely. Bloom, meanwhile, appears to have very little competitive moat: anyone can make a generator and hook it up to a datacenter. Plug Power is the long-term choice.
In 2022, the U.S. utility industry had roughly $15 billion in unpaid bills it was trying to collect. By 2025, that number had hit $25 billion. The number of customers having their electricity shut off is rising, as well. This is happening at the same time as demand for electricity from artificial intelligence (AI) is rising dramatically. No wonder there's a pushback against AI data centers. Here's the problem for investors, and some possible investment solutions.
NextEra Energy jumps into an AI conundrum Virginia is one of the world's most important data center markets. Dominion Energy (D +0.72%) operates in the state and highlights the demand growth it is seeing from AI as a catalyst for growth. Over a five-year period, electricity prices near data centers in Virginia rose by over 260%, Bloomberg reported in late 2025. That's a huge number that would make even the wealthiest of customers stop and take notice, let alone customers on tight budgets.
Image source: Getty Images.
NextEra Energy (NEE +1.26%), one of the world's largest utilities, has agreed to buy Dominion Energy. NextEra is leaning into the demand being created by AI, but it is also taking on the burden of justifying the spending and rate increases that AI demand will require to regulators. The deal is expected to boost NextEra's earnings growth, but only if regulators approve rate increases. But NextEra's regulated utility operation has relatively low electricity rates and tends to have good relations with its regulators, so the outlook for this pairing is fairly solid, even with questions around the impact of AI demand.
The AI issue, however, will impact utilities across the country. Scale could be an increasingly important factor in both raising capital to meet investment needs and working with regulators. Even Dividend King utility Black Hills (BKH +0.08%), a relatively small company with an over 50-year streak of annual dividend increases, has plans to merge with another company to level up. Joining forces with NorthWestern Energy (NWE +0.15%) will nearly double the utility's size. What that actually means for rate increases has yet to be seen.
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Utility outsiders may benefit even more What's interesting about Black Hills is that it is primarily a regulated utility. NextEra Energy is also one of the world's largest producers of solar and wind power via its unregulated contract power business. So even if it faces pushback from regulators due to rapidly rising electric bills, it can still benefit from AI demand in other ways. But that fact highlights the value of being outside the regulated structure, which is basically Constellation Energy's (CEG +0.97%) entire business.
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Constellation Energy sells power to customers at market prices under long-term contracts from its large fleet of nuclear and gas power plants. It already has big deals with companies like Meta (META +0.76%) and Walmart (WMT 0.35%). One is looking to build AI data centers, the other is just trying to ensure it has reliable access to clean energy. Both will help Constellation grow its power business outside of the regulated framework.
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Brookfield Renewable (BEP +1.63%)(BEPC +1.73%) is another solid option in the contract power space. It is focused entirely on clean energy, as its name implies. However, Brookfield Renewable offers a lofty yield of up to 4.7% from the partnership units. And a business spanning solar, wind, hydroelectric, storage, and nuclear power. It also operates in North America, South America, Europe, and Asia, enabling it to tap into global AI demand growth. For income lovers, it could be an attractive way to play the AI revolution.
Then there's Bloom Energy (BE +5.41%), which makes hydrogen fuel cells. The company entered 2026 with a $6 billion product backlog, 2.5x higher than it was a year earlier. The company's total backlog, however, is $20 billion, because each fuel cell it sells comes with a service contract. The company's products enable AI data centers to get up and running without tapping the electric grid, which has been a huge growth driver.
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The only problem is that Wall Street is aware of the opportunity, with investors pushing the stock up by more than 800% over the past year. That said, Bloom Energy is in the middle of a pullback, so it may be worth keeping an eye on if you are a growth-focused investor. If the backlog is any indication, the company has years of growth ahead.
More than one way to play AI Regulated utilities face a balancing act ahead. That doesn't mean they are bad investments, but shareholders need to recognize the risks that come with AI demand. If you are looking to invest in AI power demand, you might want to augment the regulated utilities you own with companies that operate outside of the regulated space in some way. NextEra Energy has a foot in each camp. Constellation Energy, Brookfield Renewable, and Bloom Energy all provide power outside the regulated utility framework.
Pre-Market Stock Futures: Futures are trading mixed as it looks like it’s “game on” again with Iran, as they made what appears to be a tactical mistake by firing on ships in the Gulf, so President Trump returned the favor with some massive missile attacks. In addition, he said the U.S. was taking control of the Strait of Hormuz to ensure ships could pass safely, and restarting the blockade on Iran. All of this led sellers returning on Monday to start hitting bids before the market opened, and all of the major market indices finished the day lower, with chips and technology taking the biggest hits. The Nasdaq closed down 1.55% at 25,873, while the Russell 2000 small-cap index closed down 0.86% at 2,952. The S&P 500 finished the day at 7,515, down 0.79%, and once again, the legacy Dow Jones Industrial Average finished the best on Monday, down 0.26% at 52,498.
Treasury Bonds: The sellers returned to the Treasury complex on Monday, as yields were higher across the entire curve. The restart of fighting immediately sparked concerns of higher energy prices, bringing Wall Street and investors back to the potential impact on inflation. That, in turn, shifted the focus back to potential rate hikes before the end of the year, with some even suggesting a rate hike this month. When the smoke cleared, the 30-year-long bond closed at 5.10%, while the benchmark 10-year note was last seen at 4.61%.
Oil and Gas: Needless to say, the reimposition of the Iran blockade was just the fuse that lit up energy prices on Monday, which, in turn, will light up gasoline prices right as we hit the middle of the busy summer driving season. When the final bell rang, Brent Crude was up a stunning 9.13% to close at $82.94, while West Texas Intermediate finished the session at $77.69, up 8.79%. Natural gas closed down 2.18% at $2.87.
Gold: The Precious metal did not escape the carnage on Monday, as inflation worries overshadowed its safe-haven status. With rates rising and gold yielding nothing, it came out on the losing end on Monday. At the close, gold traded at $3,999, down 2.91%, while silver traded at $57.62, down 3.60%.
Crypto: Cryptocurrency traded lower on Monday, with Bitcoin slipping by roughly 1.45% to just below $63,000. Overall market capitalization retreated to $2.16 trillion, pressured by broader geopolitical and macroeconomic tensions, essentially the same reason every asset class got hit on Monday. At 8 AM EDT, Bitcoin traded at $62,790, while Ethereum traded at $1,796.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the best Wall Street analyst upgrades, downgrades, and initiations seen on Tuesday, July 14, 2026.
Upgrades: Fuelcell Energy (NASDAQ: FCEL) was upgraded to Buy from Neutral at UBS, which raised the target price to $27 from $22. Halliburton Company (NYSE: HAL | HAL Price Prediction) was upgraded to Overweight from Neutral at Piper Sandler, which nudged the price target for the shares to $43 from $40. Newmont (NYSE: NEM) was upgraded to Buy from Hold at TD Cowen, with a $127 target price. Red Rock Resorts (NYSE: RRR) was raised to Overweight from Equal Weight at Wells Fargo, which boosted the price target for the stock to $75 from $55. TKO Group Holdings (NYSE: TKO) was upgraded to Buy from Neutral at Seaport Research, with a $210 target price. Downgrades: Apple (NASDAQ: AAPL) was cut to Underweight from Sector Weight at KeyBanc, with a $250 target price. AvalonBay Communities (NYSE: AVB) was downgraded to Equal Weight from Overweight at Barclays, which bumped the target price for the shares to $205 from $203. Circle Internet Group (NYSE: CRCL) was downgraded to Underperform from Neutral at Mizuho, which cut the target price to $40 from $85. International Business Machines (NYSE: IBM) was downgraded to Reduce from Hold at HSBC, which slashed the target price for Big Blue to $191 from $231. WW Grainger (NYSE: GWW) was cut to Equal Weight from Overweight at Stephens, with an unchanged target price of $1,355. Initiations: Arrowhead Pharmaceuticals (NASDAQ: ARWR) was initiated with a Buy rating at Stifel, with a $98 target price. Bloom Energy (NYSE: BE) was initiated with a Hold rating at Truist Financial, with a $250 price target. First Solar (NASDAQ: FSLR) was initiated with a Hold rating at Truist Financial, which has a $249 target price for the stock. Intuit (NASDAQ: INTU) was assumed with an Underweight rating at Piper Sandler, with a $250 target price. SK hynix (NASDAQ: SKHY) was started with an Overweight rating at Barclays, with a massive $330 target price.
Meet America's Newest $1b Unicorn (Sponsor) A US startup just passed a $1 billion private valuation, joining billion-dollar private companies like OpenAI and ByteDance. Unlike those other unicorns, you can invest in EnergyX right now; but only until July 16.
Over 50,000 people already have, along with global giants like General Motors and POSCO.
Here's why there's so much interest: EnergyX's patented tech can recover up to 3X more lithium than traditional methods. That's a big deal, as demand for lithium is expected to 5X current production levels by 2040. Become an early-stage EnergyX shareholder before the 7/16 investment deadline.
Key Takeaways Bloom Energy has gained 11.7% in three months, beating its industry, sector and the S&P 500.AI data-center demand and grid constraints are boosting interest in Bloom Energy's onsite power systems.Bloom Energy's ROE was 43.41%, while 2026 revenue and earnings estimates imply sharp growth. Bloom Energy Corporation (BE - Free Report) has gained 11.7% in the past three months against the Zacks Alternative Energy - Other industry’s decline of 6.4% and the Zacks Oil & Energy sector’s decrease of 4.1%. The S&P 500 has gained 8.7% in the same time frame.
Bloom Energy is a global leader in onsite power generation, gaining from increasing demand for clean energy from AI-driven data centers, as well as from customers increasingly adopting distributed energy solutions to bypass transmission and distribution constraints.
BE vs Industry, Sector, S&P 500
Image Source: Zacks Investment Research
Shares of other industry players like Talen Energy (TLN - Free Report) have gained 11.6% in the past three months, while those of Plug Power (PLUG - Free Report) have lost 24.1%.
Bloom Energy is ExpensiveBloom Energy is currently trading at a premium valuation. Its forward 12-month price-to-sales (P/S) ratio of 13.86X stands higher than the industry’s 5.25X and the median of 2.81X over the last five years.
Image Source: Zacks Investment Research
BE is expensive compared with other industry players like Talen Energy and Plug Power.
The Case for Bloom EnergyBloom Energy is expanding its onsite power platform to address growing challenges related to electricity availability, deployment speed and rising energy costs. The company is well-positioned to benefit from key long-term trends, including the rapid expansion of AI infrastructure, grid capacity constraints, increasing demand for reliable and affordable power, and government initiatives promoting energy independence and domestic manufacturing.
Its Energy Server platform delivers scalable, onsite power by connecting directly to customers' electrical systems, reducing reliance on traditional transmission networks. Built on Bloom's proprietary solid oxide technology, the platform generates electricity through an efficient electrochemical process, providing reliable and cleaner power for commercial and utility customers. This technology is expected to see rising adoption from AI data centers, cryptocurrency mining facilities, advanced manufacturing and other power-intensive industries.
Bloom Energy continues to invest in research and development to improve system performance, reduce manufacturing costs and enhance profitability, while also benefiting from supportive clean energy policies and incentives. Over the long term, the company aims to establish its solid oxide fuel cell technology as the preferred onsite power solution for data centers, critical infrastructure and other energy-intensive applications as demand for dependable, distributed power continues to grow.
Optimistic Growth Estimate for BEThe Zacks Consensus Estimate for 2026 and 2027 revenues implies 80.9% and 66.9% year-over-year increases, respectively.
The consensus estimate for 2026 and 2027 earnings implies 172.4% and 105% year-over-year increases, respectively. The company has a Growth Score of A.
However, the Zacks Consensus Estimate for Bloom Energy’s 2026 earnings witnessed no movement in the last 30 days, though that for 2027 moved 4 cents north in the same time frame.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for 2026 EPS of Talen Energy has moved south but the same for 2027 has moved north in the last 30 days.
On the other hand, the Zacks Consensus Estimate for 2026 EPS of Plug Power witnessed no movement in the last 30 days, while that for 2027 moved south.
BE Stock Returns Better Than Its IndustryReturn on equity (“ROE”) measures how well a company is utilizing its shareholders’ funds to generate profits. ROE compares net income with shareholders' equity.
ROE of Bloom Energy was 43.41% compared with the industry average of 7.15%.
Parting Thoughts on BEBloom Energy continues to show solid performance, driven by increasing demand for clean energy and its ability to deliver reliable, fast-deploying power solutions. Its customized on-site energy systems help customers reduce dependence on traditional grid infrastructure, supporting future growth. The company also stands out as a compelling investment, supported by improving earnings forecasts, strong share price momentum, and a return on equity that exceeds industry averages.
Thus, despite premium valuation at the current levels, we recommend investors add this Zacks Rank #1 (Strong Buy) to their portfolios. You can see the complete list of today’s Zacks #1 Rank stocks here.
After a run for the ages, Bloom Energy (BE 4.88%) stock has taken a plunge. Year to date, Bloom stock has more than doubled. But a few days after announcing its landmark $25 billion agreement with Brookfield Asset Management (BAM 0.81%), the stock hit turbulence. General market volatility and a short-seller report have weighed on the stock.
The stock trades almost 30% lower from its 52-week high. For investors watching Bloom, that begs the question -- is now the buying opportunity you've been waiting for, or should you wait this one out?
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Demand for Bloom servers is booming -- can it keep up? In a nutshell, Bloom makes modular boxes that lets customers, like data centers, generate electricity on their own site instead of waiting years to connect to the grid.
These boxes, also called Bloom servers, are highly relevant right now. AI data centers need a lot of power; they need it fast, and traditional utilities are struggling to keep up. Bloom says it can deploy its servers to a customer within 90 days, and it backed this promise up last year when it delivered fully operational fuel cell systems to Oracle within 55 days.
Demand for Bloom's products has never been stronger, and its revenue growth is proof. First-quarter product revenue reached $653 million, a roughly 208% increase compared to about $212 million last year. The company has raised full-year revenue guidance to between $3.4 billion and $3.8 billion, which would represent about 68% to 88% growth from the roughly $2 billion it generated in 2025.
Image source: Bloom Energy.
To compete in the most power-hungry markets, however, Bloom will need to expand its manufacturing capacity. Last year, its annual production reached about 1 gigawatt (GW), which it claims will double to 2 gigawatts (GW) by the end of this year. That's fine progress, but it's still only a fraction of the roughly 150 GW of AI data center power demand that Bloom expects in the U.S. over the next several years.
Should you buy the dip on Bloom? Even after its recent dip, Bloom stock still sells at a pricey valuation. The company carries a $73 billion market capitalization, and the stock trades at roughly 28 times sales, which is several times higher than the average for green and renewable energy companies (about 3.75).
But when you look at Bloom's growth trajectory, it's easy to understand why investors are willing to pay a premium. The company has a $20 billion backlog and a $25 billion financing agreement with Brookfield Asset Management. Over the next two fiscal years, revenue is projected to grow fivefold.
Data by YCharts
The company still faces risks, and it needs to increase its manufacturing capacity if it wants to execute on its growth promises. Still, for those who can withstand the short-term volatility, buying the dip on Bloom could prove fruitful over the long run.
Bloom Energy Corporation (NYSE:BE) shares are in the spotlight Monday following a volatile week that included two separate short-seller reports and a wave of analyst commentary.
Bloom Energy shares are sliding. Why is BE stock falling? Hunterbrook Media published an investigation on July 8 alleging Bloom Energy remains heavily dependent on China for scandium, a critical material used in its fuel cells — despite repeated statements from Bloom management denying any China-dependent supply chain.
The report also questioned whether the company can realistically scale production to its stated goal of 5 gigawatts annually, arguing that level of output would require roughly 220 tons of scandium oxide — close to projected global annual supply.
Bloom Energy pushed back forcefully against the Hunterbrook report, calling its allegations “false and misleading” and reaffirming the integrity of its audited financial statements. The company said it has clear visibility into its supply chain to support 25 gigawatts of annual fuel cell production and is not dependent on China to scale scandium oxide supply for future demand growth.
Separately, Crossroads Capital also disclosed a short position in Bloom Energy last week, expecting a repricing of the shares.
Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price target of $259.50. Recent analyst moves include:
Susquehanna: Positive (Raises Target to $298.00) (July 10) Baird: Outperform (Maintains Target to $310.00) (July 9) Jefferies: Hold (Raises Target to $246.00) (July 6) Bloom Energy Shares FallBE Price Action: At the time of publication, Bloom shares are trading 5.83% lower at $230.34, according to data from Benzinga Pro.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Take a second and imagine the nearly 3,000 data centers currently under construction or planned in the U.S. all being finished at about, or nearly about, the same time. What a great day for artificial intelligence (AI) companies that will be, right? Yes, but only if they can solve a pesky bottleneck that threatens to derail their plans: power supply.
Let me rephrase the problem like this (and then we'll get to the stock under consideration): A hyperscale data center can take about two to three years to finish, yet it can take anywhere from four to five years or more to connect that center to the electric grid.
Those aren't numbers I pulled out of my head. They come from a recent article published in Energy Reports, which also adds this as a solution: "To address this challenge, scalable transmission switchyards and on-site power generation solutions are critical."
I don't write much about "scalable transmission switchyards" (yet), but one company I cover has been supplying "on-site power generation" to customers for years. That stock is Bloom Energy (BE 4.74%), and the rampant data center build-out mentioned above has just helped them expand a multibillion-dollar agreement fivefold.
Image source: Bloom Energy.
A financing framework that removes a major hurdle Bloom Energy sells solid oxide fuel-cell systems -- essentially modular boxes that produce on-site power. These boxes, or servers, essentially convert fuel such as natural gas into electricity without combustion. The company has already deployed servers at over a thousand sites in nine countries, and, as its recent deals suggest, deployments could accelerate considerably.
Last October, Bloom announced a partnership with Brookfield Asset Management (BAM +1.19%). Under the terms of this agreement, Brookfield committed up to $5 billion to finance deployments of Bloom's fuel cell technology and named Bloom its preferred provider of on-site power for AI infrastructure.
Recently, at the end of June, Brookfield decided that demand for data centers wasn't weakening and expanded the original financing deal to $25 billion.
Obviously, $25 billion sounds like a lot. But don't overlook that important qualifier. This deal is a financing framework, not a commitment to revenue. Bloom isn't getting $25 billion upfront from Brookfield. Instead, it's getting a promise that Brookfield will help potential customers of Bloom finance the fuel cell maker's servers, which aren't cheap.
That financing can turn into revenue over time, but it's important that investors don't mistake it for sales yet.
Today's Change
(
-4.74
%) $
-12.17
Current Price
$
244.85
Bloom stock has fallen about 29% since the news broke, mainly due to general market volatility and a recent short-seller report. As such, Bloom currently trades around its level at the beginning of June, just before it climbed 40%.
For long-term investors, now might be a good time to buy Bloom. The demand for on-site power generation isn't going away anytime soon, and the Brookfield financing is making it easier for potential customers to adopt Bloom's technology. Expect short-term volatility, but over the long run, this energy stock is poised for growth.
Bloom Energy stock has retreated into a bear market, falling by 33% from its highest point this year. It dropped to $234 today, continuing a trend that started on June 25 when it reached a record high of $350.
Bloom Energy stock is showing positive momentum. What’s the outlook for BE shares? What Is Bloom Energy’s Response to Short Report?Management rejected a short report from Hunterbrook Media as "false and misleading," saying it stands behind the accuracy and integrity of its audited financial statements and pointing investors to its latest 10-K and 10-Q filings. The company also disputed claims around scandium oxide sourcing, saying it has enough supply to meet current demand and backlog and that its supply is not dependent on China.
Bloom’s supply-chain debate is also being framed against specific prior executive language, including CEO KR Sridhar’s April 2025 earnings-call line: "We are not dependent on China for scandium." The short thesis leans on trade data and other analysis to challenge that claim, while Bloom has said it will "correct the record" and emphasized a diversified, multi-country supply chain built over two decades.
Bloom Energy Stock: Key Levels To WatchFrom a longer-term view, the stock is still in a powerful uptrend, up 894.27% over the past 12 months and trading well above its 200-day SMA ($168.64) and 100-day SMA ($223.97). The near-term picture is choppier: price is below the 20-day SMA ($284.09) and 50-day SMA ($282.17), which keeps the recent pullback/consolidation structure in play.
RSI is the cleaner momentum lens right now, sitting at 45.18, which signals neutral-to-soft momentum rather than an overbought "blow-off" or an oversold washout. In plain terms, RSI helps gauge whether buying or selling pressure is getting stretched; here it suggests the stock may need more basing before momentum improves.
Key Resistance: $303.00 — a nearby round-number area that also sits above the short-term moving-average zone, where rebounds can stall Key Support: $247.50 — a nearby pivot area just below current price where buyers previously showed up How Bloom Energy Operates in the Fuel Cell MarketBloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation, with "Bloom Energy Servers" that can run on natural gas, biogas, and hydrogen to deliver 24/7 stationary electricity. The company sells in the U.S. and internationally, so investors tend to focus on scaling, component sourcing, and the durability of its supply chain.
That’s why the current debate around scandium oxide matters: the short report questioned whether Bloom’s supply assumptions could constrain production, while the company says it has visibility to support production of 25GW per year and isn’t dependent on China to scale supply. When a stock is already extended on the long-term chart, these credibility and execution questions can quickly drive volatility around key technical levels.
Bloom Energy Earnings Preview for July 2026Looking further out, the next major catalyst for the stock arrives with the July 28, 2026 (confirmed) earnings report.
EPS Estimate: 36 cents (Up from 10 cents YoY) Revenue Estimate: $804.17 million (Up from $401.24 million YoY) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $259.50. Recent analyst moves include:
Susquehanna: Positive (Raises Target to $298.00) (July 10) Baird: Outperform (Maintains Target to $310.00) (July 9) Jefferies: Hold (Raises Target to $246.00) (July 6) Bloom Energy’s Benzinga Edge Scorecard BreakdownBelow is the Benzinga Edge scorecard for Bloom Energy, highlighting its strengths and weaknesses compared to the broader market:
The Verdict: Bloom Energy’s Benzinga Edge signal reveals a classic High-Flyer setup—very strong momentum and growth paired with extremely weak value. For longer-term holders, that usually means the trend can stay intact, but drawdowns can be sharp when the narrative gets challenged.
Bloom Energy ETF Exposure: Key Funds to WatchSignificance: Because BE carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
Bloom Energy Stock Price Activity TodayBE Stock Price Activity: Bloom Energy shares were down 1.29% at $253.71 during premarket trading on Friday, according to Benzinga Pro data.
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Fuel-cell stocks are losing a chunk of their monster 2026 gains on Friday morning, with three high-profile names all trading sharply lower. FuelCell Energy (NASDAQ:FCEL) is leading the decline, off 11% to $20.49, while Bloom Energy (NYSE:BE) is down 8% to $235.69 and Plug Power (NASDAQ:PLUG) is lower by 6% to $2.24.
The moves come after an extraordinary run. Year to date, FuelCell Energy stock is up 181%, Bloom Energy stock is up 174%, and Plug Power stock has advanced 14%. Investors have bid the group up on the AI data center power thesis, and profit-taking looks like the dominant force this morning.
None of the three currently carries a trailing P/E ratio, as each remains unprofitable. Trailing EPS stands at -$6.20 for FuelCell Energy, -$0.05 for Bloom Energy, and -$1.39 for Plug Power.
Three Separate Threads, One Sector Unwind FuelCell Energy is the clearest story. The company’s $225 million share offering priced at $21 was set to close on or about July 9, and FuelCell Energy shares have now slipped below that offering price. That dilution overhang is compounding after a Q2 FY2026 report that showed revenue of $35.59 million, down 5% year over year, and a $42.57 million non-cash impairment tied to the Groton project.
Bloom Energy shares are contending with a different overhang. On July 8, Hunterbrook alleged that Bloom Energy depends on China for scandium and questioned its accounting and production goals. Bloom Energy rebutted the claims as “false and misleading,” citing sufficient scandium inventories, no China dependence, and visibility to up to 25 GW. The market initially shrugged off the report, with Bloom Energy stock bouncing on July 9, but the report appears to be weighing again today alongside garden-variety profit-taking.
Plug Power has no fresh company-specific catalyst. PLUG stock appears to be moving in sympathy with the broader hydrogen and fuel-cell complex.
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Sector Rotation and the Hydrogen ETF Read-Through The Global X Hydrogen ETF (NYSEARCA:HYDR) is a useful gauge here. Bloom Energy is its top U.S. holding at 15% of net assets, followed by Plug Power at 9% and FuelCell Energy at 5%. Together, the three names represent 29% of HYDR’s net assets, so today’s move hits the fund squarely. HYDR is a narrow, volatile thematic vehicle, and that concentration cuts both ways.
Retail sentiment on Bloom Energy has been mixed. A single high-engagement r/wallstreetbets post titled “1,100 Shares $BE (Margin + Cash): Margin Called + Naked Options” drew 112 upvotes and 87 comments as the selloff took hold, a reminder that leveraged retail positioning tends to accelerate downside in these names.
Bull and Bear on the Primary Name The bull case for FuelCell Energy stock rests on momentum and clean-energy exposure to AI data center power demand. Management flagged a 4 GW pipeline, 90% data center-related, and cash of $373 million to fund the Torrington capacity build-out. The analyst target price of $22 sits near current levels, with a rating mix of 6 hold and 2 sell/strong sell ratings.
The bear case is dilution, chronic unprofitability, and a beta of 2.31 that means outsized swings in both directions. FuelCell Energy stock is still down 91.5% over five years, so the recent gains sit on a fragile base.
Investors may want to keep their position sizes modest in FuelCell Energy stock given the volatility profile, and can watch for whether FCEL can reclaim the $21 offering price. The next scheduled catalyst worth watching is Bloom Energy’s next quarterly report, followed by Plug Power’s Q4 2026 target for positive EBITDA including stock-based compensation (EBITDAS).
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Bloom rejects allegations of China dependence as investors weigh critical mineral supply-chain risks. Summary
Supply-chain concerns put Bloom's scandium sourcing under renewed investor scrutiny.
Bloom Energy BE, a U.S. fuel-cell manufacturer whose systems are used to power data centers, has pushed back against claims that it remains dependent on Chinese scandium despite telling investors otherwise. Hunterbrook Media, which works alongside short-selling hedge fund Hunterbrook Capital, published a report alleging that Bloom continues to rely on Chinese supplies of the critical mineral. Hunterbrook said its conclusions were based on global trade data, Chinese corporate records, satellite imagery, and discussions with Bloom's suppliers in China. Bloom described the report as false and misleading, while its shares closed 5.7% lower at $254.29 on Wednesday before recovering roughly 3.1% on Thursday. The stock had gained almost 1,000% over the previous year as demand increased for Bloom's fuel-cell products used to power data centers.
Bloom uses scandium to improve the performance and durability of its fuel cells while allowing them to operate at lower temperatures. The company said it purchases scandium oxide from several suppliers across multiple countries and has enough material to meet its current fuel-cell demand and backlog. Bloom also stated that its supply is not dependent on China and that its sourcing network could support annual production of 25 gigawatts of fuel cells, with further capacity expansion planned. Chief Operating Officer Satish Chitoori said no single supplier or country determines Bloom's supply position, although the company has not disclosed the exact locations of its scandium sources because it considers that information important to protecting supply-chain resilience.
The dispute may matter to investors because scandium remains one of the world's smallest critical-mineral markets, with annual global consumption estimated at only 30 to 40 metric tons. China has spent years expanding scandium recovery and refining capacity, while Hunan Oriental Scandium, a Chinese scandium supplier, says it now provides more than half of the world's fuel-cell-grade scandium oxide. Beijing has also added scandium to a list of strategic minerals requiring export licenses, increasing attention on alternative supplies from countries including Russia, the Philippines, Canada, and Australia. Rio Tinto Group RIO, a global mining company recovering scandium from titanium dioxide operations in Canada, and Sunrise Energy Metals, an Australian developer seeking to expand scandium supply, are among the companies pursuing non-Chinese production. NioCorp Developments, the developer of a proposed Nebraska critical-minerals project, received $10 million from the Pentagon last year, although most projects remain years away from significant output. Baird Equity Research analyst Ben Kallo recommended buying Bloom shares on weakness, arguing that the scandium issue raised in the short report may not represent a major risk because the supply chain has been working to address the constraint for years.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
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Bloom Energy (NYSE:BE) has become one of the AI power trade’s biggest winners, with shares up 1,006.61% over the past year on the “bring-your-own-power” thesis for hyperscalers. The question now is whether the price still makes sense.
Our 24/7 Wall St. price target for Bloom Energy is $218.80 over the next 12 months. Against a current price of $265.95, that implies downside of roughly 17.73%. Our recommendation is sell, with high confidence at 90%.
24/7 Wall St. Price Target Summary Metric Value Current Price $265.95 24/7 Wall St. Price Target $218.80 Upside/Downside -17.73% Recommendation SELL Confidence Level 90% Why We Could Be Wrong Our price target sits below where Bloom trades today. Real upside could come from further expansion of the $5 billion Brookfield AI infrastructure partnership or additional hyperscaler wins beyond the announced Oracle collaboration. A full bull case appears below outlining why Bloom could outperform our model.
From $34 to $265 in a Year Bloom is up 166.65% year to date and sits about 20% below its 52-week high of $351.28. Q1 2026 earnings on April 28, 2026 drove momentum: revenue of $751.05 million beat estimates by 39.08% and grew 130.37% year over year, with non-GAAP EPS of $0.44 versus $0.1285 consensus.
Management raised FY2026 revenue guidance to $3.40B to $3.80B and EPS to $1.85 to $2.25. A June tariff-reset framework added further fuel.
The Case for $300 and Beyond Bulls cite total backlog of $20 billion, product backlog at $6 billion, with all shipments now 800V DC ready for next-gen data centers. Factory capacity expands doubling from 1GW to 2GW by end of 2026. CEO KR Sridhar told investors, “Bring-your-own-power has shifted from a slogan to a business necessity for AI hyperscalers and manufacturing facilities. This shift is secular and growing.”
Consensus stands at 14 buy ratings against 2 sell, with an average target of $280.93. Our bull-case scenario points to $302.60 within 12 months if hyperscaler orders compound.
The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.
Bloom is a natural fit for the AI power infrastructure thesis outlined in our 7 Stocks Powering the AI Boom (That Aren’t Chipmakers) reader report.
What Could Go Wrong The bear case starts with valuation. Forward P/E sits at 120x, price-to-sales at 34x, and EV/EBITDA at 688x. Customer concentration is real: Q1 2026 related-party sales to Brookfield JVs hit $373.30 million, up from $2.80 million a year earlier.
Insider activity has been net selling across 31 recent transactions. Our bear scenario models $159.65, a -39.97% outcome, if AI capex slows or tax credits are pared back.
Bloom Energy Price Prediction 2026-2030 Our 24/7 Wall St. price target of $218.80 and sell rating at 90% confidence reflect a simple view: the story is real, and the multiple has run well ahead of it. For long-time holders sitting on multi-bagger gains, the model’s math frames the risk/reward as skewed to the downside from here.
Year 24/7 Wall St. Price Target 2026 $218.80 2027 $235.00 2028 $250.00 2029 $210.00 2030 $197.69 These projections assume Bloom continues executing on hyperscaler deployments. Significant upside or downside could result from AI data center demand pacing and the durability of federal tax-credit support.
If You'd Bought Amazon When the Motley Fool Said To…In September 2002, Stock Advisor told subscribers to buy Amazon. In December 2004, Netflix. In April 2005, Nvidia. The newsletter still publishes two new stock picks every month — and over 23 years, has more than quadrupled the S&P 500. Here's how to get this month's picks:
- Join Stock Advisor for one year, with a 30-day money-back guarantee
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Five years from now, you'll probably wish you'd bought this month's picks. Don't miss them.
Law Offices of Howard G. Smith announces an investigation on behalf of Bloom Energy Corporation (âBloomâ or the âCompanyâ) (NYSE: [url="]BE[/url]) inves
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE) investors concerning the Company’s possible violations of the federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON BLOOM ENERGY CORPORATION (BE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
What Happened?
On July 8, 2026, Hunterbrook published a report alleging, among other things, that despite the Company repeatedly claiming Bloom has “no China supply chain” and is “not dependent on China for scandium,” (the rare earth at the core of each Bloom fuel cell) “Bloom is, in fact, reliant on C5 Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.”
On this news, Bloom’s stock price fell as much as 12% during intraday trading on July 8, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
Whistleblower Notice
Persons with non-public information regarding Bloom should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].
About Glancy Prongay Wolke & Rotter LLP
GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE) investors concerning the Company's possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BLOOM ENERGY CORPORATION (BE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.Contact the Law Offices of Howard G. Smith to discuss your legal rights by em.
Bloom Energy stock is among today’s top performers. Why are BE shares rallying? Bloom Energy Rejects Hunterbrook ReportBloom pushed back on the report’s claims about its financial results and accounting, calling them "false and misleading." The company said it stands behind the accuracy and integrity of its audited financial statements and financial reporting, and directed investors to its most recent Forms 10-K and 10-Q filed with the SEC.
Bloom also disputed Hunterbrook’s conclusions about scandium oxide, a material used in Bloom’s fuel cells. The company said it has enough scandium oxide supply to meet current fuel cell demand and backlog, and said its supply is not dependent on China.
Bloom added that it is not dependent on China to scale scandium oxide supply for future demand growth. The company said it has clear visibility into its supply chain to support production of 25GW of fuel cells per year and plans to continue expanding capacity.
Hunterbrook Questions Bloom Energy’s Scandium Supply ChainHunterbrook Media’s report questioned CEO KR Sridhar’s prior statements that Bloom is not dependent on China for scandium. Hunterbrook Capital also disclosed that it holds a short position in Bloom Energy stock.
A central part of the report is a supply-demand model that flags a potential deficit in fuel-cell-grade scandium oxide. Hunterbrook estimated Bloom alone would need roughly 220 tons to support 5 gigawatts of production expectations modeled by Wall Street, compared with about 240 tons of projected global supply.
Bloom Energy Says It Will Correct The RecordBefore Thursday’s formal response, Bloom Energy told Benzinga on Wednesday that it was aware of the report "published by a media outlet affiliated with an investment firm that has disclosed it may hold positions designed to profit from a decline in Bloom’s stock," and said it planned to issue a response.
"We are reviewing the report and will correct the record. Bloom’s fuel cell platform is supported by a diversified, multi-country supply chain built over two decades, long-standing commercial relationships, and proprietary materials-recovery technology, as described in our public filings and our July 7 blog post on scandium oxide," a Bloom Energy spokesperson said.
Critical Price Levels To Watch For BEFrom a trend perspective, the stock is still extended on the longer view after a 785.72% run over the past 12 months, and it’s trading 20.3% above the 100-day SMA ($222.79) and 59.7% above the 200-day SMA ($167.78). At the same time, it’s sitting 5.7% below the 20-day SMA ($284.22) and 4.9% below the 50-day SMA ($281.73), which frames the current bounce as a test of whether the pullback is ending or just pausing.
Key Resistance: $303.00 — a nearby round-number area where rebounds can stall, especially with price still below the 20-day and 50-day averages Key Support: $247.50 — a nearby level that lines up with a recent pivot zone below current price, where buyers previously showed up How Bloom Energy Operates In Power GenerationBloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Its Bloom Energy Servers are fuel-flexible—able to run on natural gas, biogas, and hydrogen—to deliver 24/7 electricity for stationary uses in the U.S. and internationally.
That business model makes supply-chain credibility a real swing factor for the stock, because materials sourcing can affect cost, delivery timelines, and the ability to scale deployments tied to large customer projects. In the report’s framing, questions around scandium sourcing and availability intersect with expectations for ramping production and fulfilling major backlog-driven builds.
Bloom Energy Earnings Preview for July 2026Following last quarter’s results, investors are now tracking the path toward the next reporting date on July 28, 2026 (confirmed).
EPS Estimate: 36 cents (Up from 10 cents YoY) Revenue Estimate: $804.17 million (Up from $401.24 million YoY) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $259.22. Recent analyst moves include:
Baird: Outperform (Maintains Target to $310.00) (July 9) Jefferies: Hold (Raises Target to $246.00) (July 6) UBS: Buy (Raises Target to $350.00) (July 1) Bloom Energy Benzinga Edge Scorecard AnalysisBelow is the Benzinga Edge scorecard for Bloom Energy, highlighting its strengths and weaknesses compared to the broader market:
The Verdict: Bloom Energy’s Benzinga Edge signal reveals a classic High-Flyer setup—very strong momentum and growth, paired with very weak value. That mix can keep rallies powerful, but it also means headline-driven volatility (like supply-chain questions) can hit harder when sentiment shifts.
Bloom Energy Stock Price Movement TodayBE Stock Price Activity: Bloom Energy shares were up 6.77% at $271.50 during premarket trading on Thursday, according to Benzinga Pro data.
Image: Shutterstock
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The market has developed a habit of shrugging off short reports almost as quickly as they appear. That isn’t entirely surprising. Many companies targeted by activist short sellers recover after management pushes back, especially during strong bull markets.
Yet history also shows that some of Wall Street’s biggest corporate scandals were first uncovered by short sellers willing to challenge popular narratives. That makes every new report worth reading with an open mind.
Bloom Energy (NYSE:BE) is the latest company caught in that tug-of-war, leaving investors to separate genuine risk from market noise.
Hunterbrook Raises Serious Questions Bloom Energy stock fell more than 5% yesterday after hedge fund-backed short seller Hunterbrook published an investigation alleging the company remains heavily dependent on China for scandium, a critical material used in its fuel cells. According to the report, Hunterbrook traced multiple supply routes through trade data, corporate filings, satellite imagery, and interviews that it says contradict repeated statements by Bloom management that the company has no China-dependent supply chain.
The report also questioned whether Bloom can realistically achieve its stated goal of expanding production capacity to 5 gigawatts annually, arguing that such output could require roughly 220 tons of scandium oxide — close to projected global annual supply. Those are not minor allegations.
But Bloom didn’t remain silent, forcefully rejected Hunterbrook’s conclusions and calling the claims “false and misleading.” Investors responded by sending BE shares more than 6% higher in premarket trading, effectively erasing the previous session’s losses.
Don’t Dismiss Short Sellers — Or Blindly Believe Them Investors need to separate the messenger from the message. Short sellers often receive criticism because they profit when stocks decline. Hunterbrook disclosed that it holds a short position in Bloom Energy, giving it a direct financial incentive for the stock to fall. That doesn’t automatically invalidate the research.
Short sellers frequently perform the investigative work that retail investors cannot and investment banks rarely have an incentive to publish. Some of Wall Street’s largest accounting and governance failures first surfaced because someone betting against a stock dug into public records, supplier relationships, or financial statements.
Granted, short reports can also sensationalize relatively small issues. Publishing a highly critical report after establishing a short position is a perfectly legal investment strategy, just as buying shares ahead of a bullish research note benefits long investors.
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The key isn’t whether the researcher is long or short. It’s whether the evidence holds up. Hunterbrook appears to have done extensive homework and, as the saying goes, “brought the receipts.” Bloom’s equally forceful denial means investors now have two sharply different versions of the same story.
The prudent approach is to watch what comes next. Does management systematically refute Hunterbrook’s specific allegations about its scandium sourcing and production assumptions? Or do those questions quietly fade from future discussions?
The answers matter far more than one day’s price action.
Key Takeaway In short, this isn’t a clear sell signal or an automatic buying opportunity. Bloom Energy still appears well positioned to benefit from years of growing electricity demand driven by artificial intelligence infrastructure. That long-term investment case remains intact unless the allegations prove accurate.
Regardless, smart investors should resist making emotional decisions. Let management fully address the claims, monitor future disclosures and earnings commentary, and see whether the facts support Bloom’s response.
Waiting for greater clarity may mean missing the first few percentage points of the next move, but it also reduces the risk of buying into uncertainty when the market is still sorting out who has the stronger case.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Bloom Energy didn't make the cut. Grab the names FREE today.
Rosen Law Firm Encourages Bloom Energy Corporation Investors to Inquire About Securities Class Action Investigation -- BE Why:Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bloom Energy Corporation (NYSE: BE) resulting from allegations that Bloom Energy may have issued materially misleading business information to the investing public.
So What: If you purchased Bloom Energy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next:To join the prospective class action, go to https://rosenlegal.com/cases/bloom-energy-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On July 8, 2026, Investing.com published an article entitled "Bloom Energy shares drop after short seller questions supply claims." The article stated that Bloom Energy Corp. shares fell after "short seller Hunterbrook published a report challenging the company’s statements about its supply chain and production capacity."
On this news, Bloom Energy stock fell 5.6% on July 8, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20260708236165/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
In the latest trading session, Bloom Energy (BE - Free Report) closed at $254.29, marking a -5.67% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.28% for the day. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq added 0.2%.
Coming into today, shares of the developer of fuel cell systems had gained 3.84% in the past month. In that same time, the Oils-Energy sector lost 4.3%, while the S&P 500 gained 1.64%.
Analysts and investors alike will be keeping a close eye on the performance of Bloom Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on July 28, 2026. The company's earnings per share (EPS) are projected to be $0.35, reflecting a 250% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $766.88 million, reflecting a 91.13% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.98 per share and revenue of $3.72 billion, indicating changes of +160.53% and +83.86%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Bloom Energy should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Bloom Energy is currently sporting a Zacks Rank of #1 (Strong Buy).
In the context of valuation, Bloom Energy is at present trading with a Forward P/E ratio of 136.05. This valuation marks a premium compared to its industry average Forward P/E of 17.86.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 100, placing it within the top 41% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bloom Energy Corporation (NYSE: BE) resulting from allegations that Bloom Energy may have issued materially misleading business information to the investing public.So What: If you purchased Bloom Energy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arr.
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON BLOOM ENERGY CORPORATION (BE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On July 8, 2026, Hunterbrook published a report alleging, among other things, that despite the Company repeatedly claiming Bloom has “no China supply chain” and is “not dependent on China for scandium,” (the rare earth at the core of each Bloom fuel cell) “Bloom is, in fact, reliant on C5 Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.”
On this news, Bloom’s stock price fell as much as 12% during intraday trading on July 8, 2026, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Bloom securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com.
Email us at: [email protected]
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Editor’s note: This story has been updated to include a statement from Bloom Energy.
Bloom Energy told Benzinga that the company is aware of the report “published by a media outlet affiliated with an investment firm that has disclosed it may hold positions designed to profit from a decline in Bloom’s stock,” and plans to issue a response.
“We are reviewing the report and will correct the record. Bloom’s fuel cell platform is supported by a diversified, multi-country supply chain built over two decades, long-standing commercial relationships, and proprietary materials-recovery technology, as described in our public filings and our July 7 blog post on scandium oxide,” a Bloom Energy spokesperson said.
Executive Supply Chain Claims ContradictedThe decline follows findings by Hunterbrook challenging statements made by Bloom Energy CEO KR Sridhar regarding the company’s independence from Chinese materials.
Sridhar stated during an April 2025 earnings call, “We are not dependent on China for scandium,” adding, “there is no China supply chain for us.”
However, global trade data, corporate filings, and satellite imagery analyzed by the news outlet indicate that the fuel-cell manufacturer continues to rely on Chinese-sourced scandium, said Hunterbrook.
Hidden Routes And Supplier ConnectionsHunterbrook traced four separate China-linked routes delivering scandium into the manufacturer’s supply chain.
Deliveries involve direct shipments of scandium oxide from Hunan Oriental Scandium to a Delaware plant, as well as intermediaries routing materials through Thailand, Japan, and South Korea.
A sales representative from Hunan Oriental Scandium told reporters, “We are also BE’s largest supplier of scandium,” noting the material is “not exported directly.”
Widening Deficits And Delayed ProjectsHunterbrook’s supply-demand model indicates a looming global deficit for fuel-cell-grade scandium oxide.
The research shows Bloom Energy alone requires roughly 220 tons of scandium oxide to meet the 5 gigawatt production expectations modeled by Wall Street, while the total projected global supply reaches approximately 240 tons.
BE Stock Price Activity: Bloom Energy shares were down 9.89% at $242.91 at the time of publication on Wednesday, according to Benzinga Pro data.
Photo by Michael Vi via Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
SAN DIEGO, July 08, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating Bloom Energy Corporation (NYSE: BE) on behalf of investors who suffered losses and whether those losses may be recoverable under federal securities laws.
What Should Bloom Energy Investors Do?
If you purchased Bloom Energy securities and suffered losses on your investment, you are encouraged to contact Johnson Fistel to learn more about the investigation.
To join the investigation click here.
For more information, contact Jim Baker at [email protected] or (619) 814-4471.
There is no cost or obligation to you.
Why Is Johnson Fistel Investigating Bloom Energy?
On July 8, 2026, Hunterbrook published a report concerning Bloom Energy’s AI growth narrative and certain statements concerning its supply chain.
The report challenged statements by Bloom's CEO that the Company has “no China supply chain” and is “not dependent on China for scandium,” alleging that Bloom remains reliant on Chinese-sourced scandium through multiple supply routes.
Hunterbrook further cited a representative of Hunan Oriental Scandium, who allegedly stated, “We are also BE's largest supplier of scandium,” and, when discussing how the material reaches U.S. customers, stated, “Not exported directly.”
In light of these allegations, Johnson Fistel is investigating whether Bloom Energy complied with federal securities laws. If you suffered losses or are a long-term holder of Bloom Energy stock, contact Johnson Fistel.
About Johnson Fistel, PLLP | Securities Fraud & Investor Rights
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder litigation involving securities fraud, breaches of fiduciary duties, and other violations of state and federal law.
Johnson Fistel has been recognized as one of the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. In 2024, the firm recovered approximately $90,725,000 for investors.
Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. This press release may be considered a promotional communication. The attorney responsible for this communication is Frank J. Johnson.
Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800
San Diego, CA 92101
James Baker, Investor Relations – or – Frank J. Johnson, Esq.
(619) 814-4471 [email protected] | [email protected]
FuelCell Energy (FCEL) and Bloom Energy BE shares are taking a significant hit on Wednesday morning, but they are declining for completely different, company-specific reasons.
And while both FCEL and BE have their RSIs in the mid-40s after the sell-off, indicating the stocks are headed toward “oversold” territories, only one of them is worth buying on the dip today.
Note that both Bloom Energy and FuelCell stock remain strong performers for 2026, each up well over 100% versus the start of this year.
FCEL shares are cratering primarily because of an upsized public offering.
The clean energy firm initially announced a $200 million stock offering on July 7 but due to market condition, it immediately upsized it to $225 million, pricing 10.71 million of its common shares at $21 each.
Because this price represents a massive discount to its previous close of nearly $26, investors are aggressively repricing FuelCell Energy down to match the dilutive offering.
According to management, the fresh capital will go toward capital expenditures (capex) to expand manufacturing capacity, working capital, and general corporate purposes.
Bloom Energy stock is slipping sharply primarily because of valuation concerns.
On July 8th, the firm announced a massive $25 billion expansion of its AI infrastructure partnership with Brookfield, a fivefold increase to build out and finance power solutions for AI data centers.
But because BE has surged so massively over the past year on AI power hype, it has become highly sensitive to broader Nasdaq volatility.
Today’s decline is a classic “sell-the-news” profit-taking event combined with macro headwinds – as Trump said the ceasefire deal with Iran is over and the US will hit Tehran “hard” tonight.
The subsequent rise in oil prices on Wednesday is prompting a risk-off sentiment that’s hurting high-flying names like Bloom Energy.
While both FuelCell and Bloom Energy are being punished today, only the latter is worth buying on the dip. Why? Because its dip is purely sentiment-driven, a macro pullback.
BE’s core thesis as an essential “picks-and-shovels” play for the global AI infrastructure buildout remains intact.
If anything, the sell-off in Bloom Energy is ignoring this morning’s massive $25 billion expanded financing runway with Brookfield, which may help accelerate its fuel cell deployments for power-hungry hyperscalers.
Backed by an enormous multi-gigawatt pipeline and top-tier analyst price targets sitting up at $350, the San Jose-headquartered clean energy firm is giving long-term investors an institutional-grade entry window on July 8 at a sudden discount.
Note that options pricing also currently signals a continued rally in BE shares to as much as $372 in the final quarter of 2026.
Shares of FuelCell Energy (NASDAQ:FCEL) are down 14% in Wednesday morning trading after the company priced a large dilutive stock offering below recent levels. The stock last changed hands at $22.43, well off last week’s high.
The pain is spreading. Bloom Energy (NYSE:BE) shares are off 8% to $247.53, while Plug Power (NASDAQ:PLUG) shares are basically treading water, down only 1% at $2.45.
The divergence tells the story. FuelCell Energy’s raise is the trigger, Bloom Energy stock is sliding in sympathy, and Plug Power stock is decoupling from the sector move.
Dilutive $225M Offering Sparks the Selloff FuelCell Energy upsized its underwritten public offering to $225 million gross, pricing 10,714,286 shares at $21, above a previously announced $200 million plan. Underwriters received a 30-day option for up to 1,607,143 additional shares, and the deal is expected to close on or about July 9.
Citigroup and Barclays are joint book-running managers, joined by Oppenheimer, RBC Capital Markets, and Goldman Sachs. Proceeds are earmarked for manufacturing capacity expansion, working capital, and general corporate purposes, tying back to the Torrington, Connecticut buildout that management has framed as a data center capture play.
The $21 pricing stings because FuelCell Energy stock was trading at $36 last week. Per Stocktwits and Yahoo Finance, retail sentiment on FCEL slid from bullish to neutral on dilution fears, aggravated by a broad risk-off tape tied to U.S.-Iran headlines.
Peers Trade On Sentiment, Not Fundamentals Bloom Energy has been the sector leader, riding Brookfield JV wins and Oracle (NYSE:ORCL | ORCL Price Prediction) data center demand to a 210% year-to-date gain through July 7. Yet today’s sympathy drop reflects nervousness about clean-energy financing conditions rather than anything company-specific, especially after Bloom Energy posted Q1 FY2026 revenue of $751.05 million (up 130.4% year over year (YoY)) and raised full-year guidance.
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Plug Power stock’s relatively steady price action underscores the point. PLUG stock has climbed 26% year to date (YTD), a laggard versus its peers, and the company’s own $275 million hydrogen asset monetization narrative is company-specific enough to shield it from FCEL’s dilution shock.
The context matters on the FCEL move, too. The stock had ripped 255% YTD and 398% over the past year through Tuesday’s close, so today’s pullback lands in a stock that had gone parabolic. FuelCell Energy carries a beta of 2.3 and an analyst target price of $22, roughly where the stock is trading now.
What To Watch Now The offering is expected to settle around July 9, so the overhang could ease once the shares are placed. Investors can watch for whether Bloom Energy stock and Plug Power stock recover as the market differentiates FCEL’s dilution as a company-specific event rather than a sector-wide headwind.
For readers who like sector exposure without single-name blowup risk, a diversified clean-energy ETF such as the iShares Global Clean Energy ETF (NASDAQ:ICLN) can smooth this kind of volatility. Just bear in mind that sector-focused funds in this space may carry meaningful risks. Traders chasing the recent momentum here may want to check out our Breakout Buyer’s Rulebook for a framework on managing entries in stocks that have already run.
The takeaway is that today’s move represents a repricing of dilution risk while the underlying AI power thesis that pushed these names higher remains intact. Position sizing should reflect that FuelCell Energy stock trades at 10 times sales with negative EBITDA, so risk controls are appropriate even on a bounce.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Plug Power didn't make the cut. Grab the names FREE today.
