Industrial Sector Performance - Industrials stocks have surged over the past year, driven by government spending initiatives such as the Inflation Reduction Act and the CHIPS and Science Act, with the Industrial Select Sector SPDR Fund (XLI) up more than 36% [1] Clean Hydrogen Companies' Struggles - Clean hydrogen companies, focused on sustainable energy using hydrogen, have underperformed compared to the broader industrials sector, with many stocks declining over the past year [2] - McKinsey reduced its U.S. green hydrogen forecast for 2030 by 70%, citing the hydrogen market as broadly uninvestable and national production targets as unattainable [2] Plug Power Inc (PLUG) - Plug Power, a hydrogen fuel cell leader, has seen its stock price drop by almost 63% in the last year, forcing the company to halt a $290-million New York project due to a cash crunch [4] - Despite the decline, analysts remain optimistic, with a consensus price target of $5.01, representing a 135% upside from current levels, though still far below its all-time high of nearly $70 [5] FuelCell Energy Inc (FCEL) - FuelCell Energy, another clean hydrogen firm, has seen its stock price plummet by more than 68% in the last year, trading at just 34 cents per share, as the company struggles to turn a profit or scale production [6] - The company recently signed a memorandum of understanding with Korea Hydro & Nuclear Power Co, potentially leveraging Korea Hydro's power plant infrastructure to pivot toward sustainable energy operations in Asia [7] - Analysts assign a consensus price target of 88 cents per share, a 150% upside, but maintain a Hold rating [8] Bloom Energy Corp (BE) - Bloom Energy, which uses solid oxide fuel cell technology, reported $336 million in revenue for the second quarter, an 11% increase year-over-year, while also improving gross margins [9] - The company has secured new contracts with data center users like CoreWeave, positioning itself favorably in the AI and cloud spaces, with analysts seeing 58% upside potential and nine out of 19 analysts rating it a Buy [9] - Bloom Energy's stock has declined by only 8% in the last year, outperforming other clean hydrogen companies [9] Future Outlook for Clean Hydrogen - As businesses increasingly rely on clean energy, hydrogen firms could benefit from a large-scale shift, though many may struggle without a clear path to growing revenue, margins, and profitability [10] - Bloom Energy stands out among clean hydrogen companies due to its strong positioning in the fast-growing AI and cloud sectors [10]

The market expects Bloom Energy (BE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

The most recent trading session ended with Bloom Energy (BE) standing at $10.14, reflecting a -0.1% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.16% gain on the day. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq gained 0.78%. The developer of fuel cell systems's shares have seen a decrease of 3.88% over the last month, surpassing the Oils-Energy sector's loss of 9.36% and falling behind the S&P 500's gain of 1.67%. The investment community will be payi ...

The most recent trading session ended with Bloom Energy (BE) standing at $9.73, reflecting a -1.42% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.05%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.18%.The the stock of developer of fuel cell systems has fallen by 9.12% in the past month, leading the Oils-Energy sector's loss of 9.67% and undershooting the S&P 500's gain of 2.76%.Investors will be eagerly watching for the performa ...

Bloom Energy (BE) closed the most recent trading day at $10.25, moving -1.06% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.97% for the day. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.45%. The the stock of developer of fuel cell systems has risen by 6.26% in the past month, leading the Oils-Energy sector's loss of 1.76% and the S&P 500's gain of 5.41%. Market participants will be closely follow ...

Bloom Energy (BE) closed at $10.56 in the latest trading session, marking a -1.31% move from the prior day. This change lagged the S&P 500's daily gain of 0.42%. Elsewhere, the Dow gained 0.04%, while the techheavy Nasdaq added 0.38%. Coming into today, shares of the developer of fuel cell systems had lost 10.16% in the past month. In that same time, the Oils-Energy sector lost 2.47%, while the S&P 500 gained 2.06%. Market participants will be closely following the financial results of Bloom Energy in its u ...

This green-energy company could multiply the greenbacks for investors. The stock of hydrogen power specialist Bloom Energy (BE -2.95%) has nearly 40% upside potential. Well, it does if you accept the latest evaluation of the company from one of the more bullish analysts tracking its fortunes. On the basis of information he received about Bloom Energy's looming future, he reiterated his quite positive take on its prospects. Still a buy, by the by In a new research note, RBC Capital Markets analyst Chris Dend ...

Bloom Energy (BE) shares rallied 6.5% in the last trading session to close at $10.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.9% loss over the past four weeks. Bloom Energy is a trusted partner in delivering low-carbon energy and is a leader in solid oxide fuel cell technology, having demonstrated 60% electrical efficiency using hydrogen, and 90% combined heat and power efficiency. The company is ex ...

In the latest market close, Bloom Energy (BE) reached $10.24, with a +0.99% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 1.7%. Elsewhere, the Dow saw an upswing of 1.26%, while the tech-heavy Nasdaq appreciated by 2.51%. Shares of the developer of fuel cell systems have depreciated by 12.44% over the course of the past month, underperforming the Oils-Energy sector's loss of 2.52% and the S&P 500's gain of 1.27%. The investment community will be closel ...

Who knows Bloom Energy best -- the fuel cell company itself, or the analyst who covers it? Easy come, easy go. One month ago, Bloom Energy (BE -10.06%) stock soared 11% in a day after reporting strong sales (but a big GAAP loss) in its Q2 2024 earnings report. Today, the fuel cell stock is moving in the opposite direction, down 11.7% through 10:05 a.m. ET. You can blame investment bank Jefferies for that. Downgrading Bloom Energy stock In a note covered on StreetInsider.com, Jefferies analyst Lloyd Byrne to ...