Bloom Energy

The Bloom Energy share slipped 1.8% in the morning after having climbed about 70% since the end of July following strong quarterly results and roughly 220% year-to-date. Analyst Fubon initiates coverage with a buy rating and a $330 price target but sees only limited upside versus the recent high. High valuation (TTM P/E around 312), an ongoing class action lawsuit and a weak market environment weigh on sentiment, while the planned inclusion in the S&P 500 and demand from the AI data-center sector continue to provide positive tailwinds. » More on de.investing.com

Bloom Energy surged after S&P Dow Jones announced its inclusion in the S&P 500, a move that will force index-tracking funds to buy shares. Weeks earlier, a disclosure under Nancy Pelosi's name showed the Pelosi household bought Bloom stock and options in multimillion-dollar value bands. Bloom also reported stronger-than-expected Q2 revenue of $1.07 billion, raised full-year guidance to $3.9–$4.2 billion, and said major hyperscalers have validated its AI data center power solutions. The stock is up about 207% year to date and has seen sharp gains since the S&P inclusion announcement. » More on finance.yahoo.com

Bloom Energy will be added to the S&P 500 on September 21. The inclusion follows strong company growth driven by increased demand for fuel cells and AI-related power solutions. The stock rose more than 5% in after-hours trading. » More on finanzen.net