BE's combustion-free fuel cell systems slash emissions, costs and reduce carbon emissions.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
In the most recent trading session, Bloom Energy (BE) closed at $116.58, indicating a +2.21% shift from the previous trading day.
Bloom Energy Corp (NYSE:BE) stock is near the top of the New York Stock Exchange (NYSE) today, last seen up 30.2% to trade at $108.97, after earlier hitting a record high of $110.63.
Bloom Energy stock jumped after agreeing to a partnership with Brookfield Asset Management.
BE's surge above key SMAs, rising earnings estimates, and strong ROIC highlight its momentum in clean power innovation.
Bloom Energy ( BE ) is a leading manufacturer of solid-oxide fuel cell systems (SOFCs) that deliver on-site, clean electricity to enterprises globally, supporting Fortune 100 companies, hyperscale data centers, large utilities, manufacturers, and healthcare facilities. The company's core product, the Bloom Energy Server, converts natural gas, biogas, or hydrogen into electricity without combustion, making it an efficient and environmentally friendly solution for distributed energy generation.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
In the closing of the recent trading day, Bloom Energy (BE) stood at $70.32, denoting a +2.37% move from the preceding trading day.
Jefferies analyst downgrades Bloom Energy's stock to underperform, saying the rally since the company's power-generation deal with Oracle in July was a sign of ‘over-exuberance' by investors.
BE stock rides on rising clean power demand from data centers, U.S. manufacturing reshoring and electric vehicle adoption.
Investors looking for stocks in the Alternative Energy - Other sector might want to consider either Clearway Energy (CWENA) or Bloom Energy (BE). But which of these two stocks offers value investors a better bang for their buck right now?