On September 21, Bloom Energy Corp rose 3.23% in regular trading, trading at $268.23 per share, with turnover of $557 million. The gain comes as the company's formal inclusion in the S&P 500 index takes effect today.

S&P Dow Jones Indices previously announced that Bloom Energy would join the S&P 500 before the market open on September 21, replacing Molson Coors Beverage. Passive funds and ETFs tracking the S&P 500 are required to complete position building around the effective date, providing direct buying support. Additionally, Mizuho recently raised its target price on the stock significantly from $242 to $351, maintaining an Outperform rating, further boosting market sentiment.

The inclusion caps a remarkable run for Bloom Energy, which has benefited from surging AI-driven power demand. The company reported Q2 revenue of $1.065 billion, up 166% year-over-year, with GAAP operating profit of $182 million. Bloom Energy designs and manufactures solid-oxide fuel cell systems for on-site power generation, serving data centers, semiconductor manufacturing, and other critical infrastructure sectors.

(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.)