Why Bloom Energy Stock Rocketed 48% on Friday [Yahoo! Finance]
Bloom Energy Corporation Class A (BE)
Last bloom energy corporation class a earnings: 11/7 04:26 pm
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Source: Yahoo! Finance
Last night, Bloom Energy announced a deal to supply up to 1 gigawatt's-worth of fuel cells to electric utility American Electric Power (NASDAQ: AEP) Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Last night's announcement comes on the heels of a miserable earnings report from Bloom last week -- a report that was redeemed by Bloom's announcement of a deal to set up an 80-megawatt fuel cell system for South Korea's SK Eternix. There's 1,000 megawatts in a gigawatt, though. So today's news is 12.5 times bigger than that one, which explains the size of the reaction investors are having to it. As Bloom explained, AEP intends to buy Bloom's fuel cell systems to deploy them at the location of some of its customers' AI data centers. (Yes, you read that right. Bloom Energy is an artificial intelligence stock now.) Rollout will begin with an initial order of 100 MW worth of fuel cells (so already more than last week's announc
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BE
News
- Bloom Energy Co. (NYSE: BE) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating. They now have a $24.50 price target on the stock.MarketBeat
- Bloom Energy Co. (NYSE: BE) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating. They now have a $24.50 price target on the stock.MarketBeat
- Bloom Energy Corporation (BE): Piper Sandler Upgrades to Overweight, Cites Massive Growth Potential from AEP AI Data Center Deal [Yahoo! Finance]Yahoo! Finance
- Bloom Energy Co. (NYSE: BE) had its price target raised by analysts at BTIG Research from $16.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Bloom Energy Shares Surge on AEP Deal for Data Center Fuel Cells [Yahoo! Finance Canada]Yahoo! Finance Canada
BE
Earnings
- 11/7/24 - Beat
BE
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- BE's page on the SEC website