On June 2, Bloom Energy rose 3.38% in regular trading, trading at approximately $292.305 per share, with trading volume of $186 million, rebounding after consecutive sessions of pullback.

On the news front, UBS recently raised its target price on Bloom Energy from $251 to $322 while maintaining a Buy rating. Simultaneously, the company's CEO publicly stated there are no plans to sell stock for financing purposes, emphasizing that factory costs can be recovered within six months — sending a positive signal to the market. The stock had previously retreated from above $320 due to profit-taking and a Form 144 filing by director-affiliated entity JC2 INVESTMENTS, LLC to sell 55,000 shares worth approximately $16.16 million.

Fundamentally, the landmark agreement with European AI infrastructure provider Nebius for up to $2.6 billion in long-term fuel cell power supply remains the core medium-to-long-term catalyst. Additionally, Bloom Energy has qualified for inclusion in the Russell Top 200 index during the June rebalance, further supporting market sentiment. Within the Heavy Electrical Equipment sector, GE Vernova rose 1.4% and Forgent Power Solutions gained 1.56%, with Bloom Energy leading sector gains.

(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.)