On July 30, Bloom Energy Corp rose 14.11% in regular trading, trading at $189.11/share, with turnover of $396 million. The stock continued its post-earnings rally as the company's record Q2 results sustained bullish market sentiment.

On the news front, Bloom Energy reported Q2 revenue of $1.065 billion, surging 166% year-over-year and far exceeding the consensus estimate of $822.77 million, marking the first time quarterly revenue topped $1 billion. Adjusted EPS came in at $0.78, beating the $0.40 estimate by 95%. Gross margin expanded sharply from 26.7% to 33.4%, while operating profit swung to $182.2 million from a $3.5 million loss a year ago. The company raised its full-year revenue guidance to $3.9 billion-$4.2 billion, well above the prior FactSet consensus of $3.73 billion, with non-GAAP EPS guided at $2.55-$2.85.

CEO Sridhar stated that all major U.S. hyperscale cloud providers and over twelve AI-related customers have completed validation, with AI data center power demand serving as the core growth driver. Additionally, the company recently expanded its AI infrastructure partnership with Brookfield to $25 billion, providing continued fundamental support.

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