On August 7, Bloom Energy Corp rose 3.46% in regular trading, trading at 232.63 USD/share, with turnover of $242 million, continuing its rebound trajectory after recent profit-taking pressure.
On the news front, the company announced an expanded agreement with a MiTAC Holdings subsidiary to build a fuel cell microgrid at an AI server manufacturing campus in Fremont, California. The project increases the overall contracted power capacity between the two companies and adds to an existing installation at a San Jose production facility. The on-site power generation will support current factory operations and enable production scaling as demand grows.
The partnership expansion comes on the heels of a blockbuster Q2 earnings report, where revenue reached $1.065 billion — crossing the $1 billion threshold for the first time — representing 166% year-over-year growth. Adjusted EPS of $0.78 exceeded consensus by 95%. The company raised full-year revenue guidance to $39-42 billion, driven by robust AI data center and hyperscaler demand. Supply chain partners have also confirmed sequential order and shipment growth, further validating the company's high business momentum.
(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.)
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