On August 18, Bloom Energy Corp fell 3.02% in pre-market trading, trading at 224.13 USD/share, with turnover of approximately 8.10 million USD.

On the news front, Jefferies raised the company's target price from $188 to $229 but maintained a \"Hold\" rating. Notably, the $229 target price sits below recent trading levels, signaling limited upside potential at current valuations. The stock had previously rallied sharply after Q2 revenue exceeded $1 billion for the first time and management raised full-year revenue guidance to $3.9-4.2 billion, creating significant accumulated gains and profit-taking pressure.

The Heavy Electrical Equipment sector broadly weakened, with GE Vernova Inc. down 1.2%, NuScale Power down 1.85%, X-Energy down 1.98%, and Forgent Power Solutions down 1.57%, accelerating sector-wide capital outflows and amplifying the pullback in individual names.

(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.)