Group 1 - J.P. Morgan upgraded Bloom Energy's stock, leading to an 18% increase in one day, but the stock subsequently fell 9% [1][3] - The upgrade was based on the expectation that Congressional "48E tax credits" would increase the adoption of Bloom's fuel cells and improve profit margins [3] - SK ecoplant, an insider investor, decided to sell half of its shares, approximately 10 million shares at $28.71 each, following the stock price surge [4][5] Group 2 - SK ecoplant owned over 10% of Bloom's shares, and the sale will reduce its stake by roughly half, allowing it to lock in profits [5] - Despite J.P. Morgan's optimism, Bloom reported less than $5 million in profit over the last 12 months, with a P/E ratio exceeding 1,000x earnings [6] - Bloom's price-to-free cash flow ratio is 87 times, indicating a potentially overpriced stock despite projected growth of 25% over the next five years [6]

Integrated fuel cell thermal capabilities can reduce cooling costs and boost energy efficiencyDANBURY, Conn. and SEOUL, South Korea, July 10, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) and Inuverse, a developer of next-generation AI-specialized hyperscale data centers, have announced a strategic Memorandum of Understanding (MOU) to explore opportunities to deploy up to 100 megawatts (MW) of fuel cell-based power in phased increments starting in 2027 at the AI Daegu Data Center (AI DDC), w ...

Core Viewpoint - JPMorgan analyst Mark Strouse upgraded Bloom Energy Corp to Overweight from Neutral, raising the price forecast from $18 to $33 due to the unexpected eligibility of fuel cells for 48E tax credits under the finalized OBBB legislation, which could enhance revenue and margin expectations starting in fiscal year 2026 [1] Group 1: Revenue and Margin Expectations - The eligibility for 48E tax credits is expected to lead to increased revenue and margin expectations, surpassing the 19% year-over-year increase implied in the midpoint of FY25 guidance [1] - Improved factory utilization and stronger pricing power with data center clients, along with higher volumes from cost-sensitive customers, could further enhance product margins [2][3] Group 2: Financial Projections - Strouse projects FY26 pro forma EBITDA of $420 million on $2.21 billion in revenue, compared to $275 million on $2.04 billion this year, with Street estimates at $319 million and $2.09 billion respectively [4] Group 3: Market Sentiment and Risks - Bloom Energy's second-quarter commentary is viewed as more positive than peers following the finalization of the OBBB, although uncertainty remains around safe harbor provisions from the July 7 Executive Order, which may affect investor sentiment in solar and wind [4] - Potential risks include the absence of a permanent CFO, which could shift priorities towards growth over profitability, and the possibility of customers deferring FY25 orders to take advantage of the 48E credits starting in January 2026 [5]

Group 1 - Bloom Energy stock has seen a significant increase, with a 15.5% rise on the day and a potential target price of $33 set by J.P. Morgan, indicating an additional 18% upside over the next 12 months [1][3] - J.P. Morgan's optimism is driven by the maintenance of 48E tax credits in the recent legislation, which is expected to enhance profit margins and stimulate fuel cell system deployments, thereby increasing revenue for Bloom Energy [3][4] - The anticipated financial benefits from the tax credits are expected to start reflecting in Bloom's results by fiscal year 2026, with potential guidance improvements as early as the upcoming Q2 earnings report on July 31 [4] Group 2 - Despite the positive outlook, Bloom Energy's stock is considered expensive, trading at a P/E ratio exceeding 1,000, even though the company achieved profitability in Q4 of the previous year [5] - The company generated positive free cash flow of approximately $77 million over the last 12 months, resulting in a high price-to-free cash flow ratio of 73, which raises concerns about the stock's valuation even with projected profit growth of 25% annually [6]

The shares of Schaeffer's 2025 Top Stock Pick Bloom Energy Corp (NYSE:BE) are up 12.5% to trade at $27.33 at last check, on the heels of an upgrade from J.P. Morgan to "overweight" from "neutral" and price-target hike to $33 from $18. The analyst noted fuel cell tax credits, higher factory absorption, as well as incremental pricing power.There's room for additional firms to strike a bullish tone, as 11 of the 20 in question still sport a "hold" or worse rating. Plus, the 12-month consensus target price of $ ...

VANCOUVER, BC, July 9, 2025 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Monday, August 11th, 2025 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review second quarter 2025 operating results. The live call can be accessed by dialing +1-833-821-2814 (Canada/US toll free). Alternatively, a live webcast can be accessed through a link on Ballard's homepage (www.ballard.com). Following the call, the webcast will be archived in the 'Earnings, Interviews & ...

Core Viewpoint - Bloom Energy's stock experienced a 10% increase due to favorable developments regarding hydrogen tax credits in the Senate bill, which contrasts with earlier tariff fears and potential tax credit repeals from the House version [1][2][3]. Company Summary - Bloom Energy specializes in fuel cell systems that convert natural gas or hydrogen into electricity without combustion, and it also produces electrolyzers for hydrogen production [1]. - The company has recently turned profitable for the first time last year, indicating growth potential [7]. Industry Summary - The Senate's version of the tax bill extends the hydrogen tax credit until January 1, 2028, providing a two-year extension compared to the House bill's phaseout in 2026 [5]. - The clean hydrogen tax credit can offer up to $3 per kilogram for projects that commence by the extended deadline, which is beneficial for the hydrogen sector [5]. - The Senate's adjustments to the bill provide existing renewable energy projects with more time for construction and deployment, alleviating some concerns raised by the House version [4][6].

Key Takeaways BE expects 19% sales and 50% EPS growth in 2025, with momentum in the U.S. and South Korea markets. PLUG posted a negative 55% gross margin and raised $267.5M via equity sales in Q1 2025. PLUG's Project Quantum Leap aims to cut $200M in costs and reduce cash burn going forward.Plug Power Inc. (PLUG) and Bloom Energy Corporation (BE) are both familiar names operating in the fuel cell technology market. As rivals, both companies are engaged in manufacturing innovative fuel cell product solutio ...

Three relatively early stage companies with sizable addressable markets have caught the attention of one of Wall Street's leading asset managers. Nothing holds more importance on Wall Street than data. The problem is the amount of data announced via earnings reports and economic releases can easily overwhelm investors and allow something of importance to be overlooked. For instance, May 15 marked the deadline for institutional investors with at least $100 million in assets under management to file Form 13F ...

Key Takeaways PLUG's Q1 revenues from key legacy products fell 7% year over year to $63.5 million. Sales of hydrogen infrastructure, GenDrive units and cryogenic gear all declined in the quarter. Electrolyzer revenues surged 581.7% on global demand, boosted by major deals and new project deliveries.Plug Power Inc. (PLUG) is facing headwinds in some of its core product categories. In the first quarter of 2025, revenues from equipment, related infrastructure and other products declined 7% year over year to ...