Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 5.5% in the morning session after it received positive commentary from Wall Street analysts, suggesting a possible pullback after a significant rally.
The relentless march of Artificial Intelligence is revolutionizing industries and reshaping our daily lives, but this technological marvel comes at a steep environmental cost. AI data centers are devouring electricity at an alarming rate, fueling a rapidly escalating energy crisis that threatens global sustainability goals. This burgeoning demand for power,
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) jumped 7.9% in the morning session after RBC Capital Markets significantly raised its price target on the stock, alongside news of the company placing a substantial component order. The investment bank boosted its price target to $75 from $35 while maintaining an "Outperform" rating, signaling strong confidence in the company's outlook.
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) jumped 16.5% in the morning session after its supplier, MTAR Technologies, announced it received significant new orders from the company, signaling a ramp-up in production for its clean energy fuel cells.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the renewable energy industry, including Bloom Energy (NYSE:BE) and its peers.
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages.
Just because a business is in the green today doesn’t mean it will thrive tomorrow.
The stocks featured in this article are seeing some big returns.
Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 3.3% in the afternoon session after its Chairman and CEO, Sridhar KR, sold over $13 million worth of company shares.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 2.4% in the morning session after the stock appeared to be taking a breather as a strong rally left it in technically overbought territory.
