Bloom Energy Lifts 2026 Outlook to $4.2 Billion as 11% Stock Surge Reverses
Updated
Updated · Yahoo Finance · Jul 29
Bloom Energy Lifts 2026 Outlook to $4.2 Billion as 11% Stock Surge Reverses
3 articles · Updated · Yahoo Finance · Jul 29
Summary
$1.07 billion in Q2 revenue and a sharply higher 2026 forecast initially sent Bloom Energy shares up 11%, but the stock later reversed to trade down 2% at $164.35.
Product revenue jumped 215% to $935.4 million as hyperscalers, neoclouds and AI labs bought Bloom's solid oxide fuel cells for onsite power, helping non-GAAP EPS reach $0.78 and operating cash flow turn positive at $226.4 million.
Bloom raised full-year revenue guidance to $3.9 billion-$4.2 billion from $3.4 billion-$3.8 billion, while lifting its non-GAAP EPS view to $2.55-$2.85 and operating income target to $800 million-$900 million.
The reversal followed a volatile week for the stock, which had fallen 13% before earnings amid short-seller pressure from Hunterbrook, even as Bloom remains up 87% in 2026.
FuelCell Energy and Plug Power also traded about 2% lower, underscoring that Bloom's results sharpened the market's focus on AI data-center power demand rather than lifting the broader fuel-cell sector.