On September 11, Bloom Energy Corp rose 3.68% in pre-market trading, trading at approximately $267.89/share, with turnover of $15.95 million, rebounding after two consecutive trading sessions of cumulative pullback of roughly 7%.
On the news front, S&P Dow Jones Indices previously announced that Bloom Energy will officially join the S&P 500 index before the market opens on September 21, replacing Molson Coors Beverage. Earlier, the stock surged to a stage high of $277.06, driven by the index inclusion catalyst combined with AI computing on-site power demand narratives and massive bullish options flows approaching $5 billion in premium volume. Profit-taking subsequently triggered the consecutive pullback. With approximately two weeks remaining before the effective date, passive funds and ETFs tracking the S&P 500 still need to complete position building, providing near-term support.
On the fundamental side, the company reported Q2 revenue of $1.065 billion, up 166% year-over-year, with GAAP operating profit of $182 million. Institutions expect the company's earnings have reached an inflection point, with projected revenue of $4.12 billion, $9.04 billion, and $14.77 billion over the next three years.
(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.)