On July 27, Bloom Energy Corp rose 4.64% in pre-market trading, trading at approximately $194.91/share. The company is scheduled to release its quarterly earnings report after market close on July 28, with expected EPS of $0.23, and market sentiment has notably warmed ahead of the release.
On the news front, Brookfield and Bloom Energy have expanded their AI infrastructure partnership to $25 billion, a fivefold increase in construction and financing scale. Additionally, the Industrial Development Fund and Oaktree Capital announced a $1.7 billion investment in Bloom Energy fuel cell technology to support Nebius AI infrastructure expansion. Earlier, UBS maintained a buy rating with a $350 price target, while RBC noted that short seller analyses rely on outdated reference material, further supporting bullish sentiment.
Bloom Energy Corporation designs, manufactures, and installs solid-oxide fuel cell systems for on-site power generation. The company provides distributed energy solutions to data centers, semiconductor manufacturing, and other critical industries.
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