On July 24, Bloom Energy Corp declined 3.39% in regular trading, trading at approximately $208.49/share, with turnover of $187 million. The stock retreated from recent consolidation around the $220 level as bulls and bears clashed ahead of the upcoming quarterly earnings report.

On the news front, the decline reflects a convergence of pre-earnings caution and lingering effects from a short-seller report. The company's Q2 earnings are scheduled for July 28, with consensus EPS expectations at $0.23, driving heightened wait-and-see sentiment. Meanwhile, residual concerns from Hunterbrook's earlier report — which alleged that Bloom's 5GW annual production capacity would consume approximately 220 tons of scandium oxide, approaching total global annual supply — continue to weigh on sentiment despite institutional pushback. UBS maintains its buy rating and $350 price target, arguing scandium supply concerns are overblown, while RBC noted the short report relies on outdated reference material and that Bloom has reduced rare mineral dependency through patents and technological improvements. Profit-taking pressure following a prior single-day surge of over 14% also contributed to the pullback.

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