Overview
- Bloom Energy fell 12.6% on Dec. 17 on elevated volume of 18.16 million shares versus a 13.92 million average, a move analysts linked to institutional exits with ownership near 93.9%, according to Forbes.
- The stock clawed back some losses after a 7.3% jump on Dec. 18, helped by FuelCell Energy’s earnings beat and commentary on accelerating data‑center demand reported by Yahoo Finance.
- By Friday mid‑morning, shares remained down 6.8% for the week after dropping as much as nearly 15% earlier, S&P Global Market Intelligence data show via Yahoo Finance.
- Coverage highlights a reassessment of the AI data‑center power thesis as operators explore more direct renewable integration that could lessen reliance on Bloom’s natural‑gas‑based fuel cells, Forbes reported.
- Despite volatility, recent updates cite a Q3 revenue and EPS beat, raised 2025 guidance, positive non‑GAAP earnings and free cash flow, and plans to double manufacturing capacity by 2026, per Seeking Alpha and Yahoo Finance, while prior gains had pushed valuation to a peak above $33.5 billion.