Movement Alert｜Bloom Energy Corp Rises 3.11% in After-Hours Trading, Mizuho Sharply Raises Target Price as S&P 500 Inclusion Nears

Market Focus09-17 07:36

On September 17, Bloom Energy Corp rose 3.11% in after-hours trading, trading at $278.28/share, with turnover of approximately $71.94 million, extending its recent rebound momentum.

On the news front, Mizuho recently raised its target price on Bloom Energy Corp from $242 to $351, maintaining an Outperform rating, providing clear support for market sentiment. Additionally, S&P Dow Jones Indices previously announced that Bloom Energy Corp will be officially added to the S&P 500 Index before the market opens on September 21, replacing Molson Coors Beverage. With only a few trading days remaining before the effective date, passive funds and ETFs tracking the S&P 500 still need to complete their position-building allocations, forming sustained near-term buying support.

Bloom Energy Corp is a global leader in solid-oxide fuel cell systems, providing distributed power solutions primarily for data centers, semiconductor manufacturing, and other critical operations. The company reported Q2 revenue of $1.065 billion, up 166% year-over-year, with GAAP operating profit of $182 million.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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