On August 4, Bloom Energy Corp rose 3.49% in pre-market trading, trading at approximately $225.94 per share. The stock is rebounding after a pullback of over 5% on August 3 driven by profit-taking following a 25% single-day surge on July 31.

The sustained upward momentum is supported by the company's Q2 earnings report that massively exceeded expectations. Revenue reached $1.065 billion, breaking the $1 billion mark for the first time, representing a 166% year-over-year increase. Adjusted EPS came in at $0.78, beating the consensus estimate of $0.40 by 95%. Mizuho upgraded Bloom Energy from neutral to outperform with a $242 price target. The company simultaneously raised its full-year revenue guidance to $3.9 billion to $4.2 billion, well above the prior Street consensus of $3.73 billion, driven by strong demand from AI data centers and hyperscale customers.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)