On July 23, Bloom Energy Corp rose 3.11% in pre-market trading, trading at $224.59/share, with turnover of $3.59 million. The stock had previously surged over 14% before experiencing profit-taking, and with short-term selling pressure released, bulls re-entered the market.

On the news front, UBS maintained its buy rating and $350 price target, arguing that concerns over scandium oxide supply have been significantly overblown. RBC also noted that short seller Hunterbrook's report relied on outdated reference materials, and that the company has reduced its dependence on scarce minerals through patents and technological improvements. Additionally, Brookfield expanded its AI infrastructure partnership with Bloom Energy to $25 billion, providing continued fundamental support.

The quarterly earnings report is approaching on July 28, with market consensus expecting EPS of $0.23. While the stock rebounded from lows near $203 earlier in the week, investors appear increasingly confident that the short thesis lacks merit, enabling the recovery to extend ahead of the results.

(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.)