Bloom Energy ( (BE) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Bloom Energy’s shares have been climbing as investors grow more confident in its solid‑oxide fuel cell technology, helped by a favorable air‑permit ruling, a large deployment with American Electric Power (AEP), and surging on‑site power demand from data centers and hyperscalers. This improving outlook led analysts to refresh their models after a Q4 preview suggested that management’s guidance may be cautious but still reachable, prompting several price‑target revisions. At the same time, options trading and implied volatility have picked up as traders position ahead of earnings, amplifying the stock’s sharp move higher this year on renewed optimism around the company’s growth story.
More about Bloom Energy
YTD Price Performance: 75.29%
Average Trading Volume: 13,867,280
Technical Sentiment Signal: Buy
Current Market Cap: $33.02B
For further insights into BE stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.