Bloom Energy Soars 28%, FuelCell Energy Rockets 27% as Q2 Results Sink In and Mizuho Upgrades

Quick Read

• Bloom Energy bushed Q2 estimates with 165% gross growth, and BE shares surged 26% Thursday portion FuelCell Energy banal jumped 27% connected the sentiment wave.

• Plug Power banal lagged BE and FCEL with a 9% summation and remains up 4% YTD, portion the HYDR Global X Hydrogen ETF surged 10%.

• CEO KR Sridhar declared Bloom Energy "the modular for AI onsite power," but astatine 226x TTM P/E, execution hazard remains elevated.

• Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Plug Power didn't marque the cut. Grab the names FREE today.

Shares of Bloom Energy (NYSE:BE) are ripping higher Thursday, with the banal up 26% to $205.88 midday arsenic the marketplace yet digests Tuesday's blowout Q2 report. FuelCell Energy (NASDAQ:FCEL) shares are close alongside, up 28% to $23.06. The fuel-cell analyzable is moving successful a wide risk-on tape, with the NASDAQ 100 up 3%.

Bloom Energy banal had lagged Wednesday, erstwhile the Q2 study was overshadowed by the Fed determination and a tech-sector wobble. Today, the bully quality is catching up.

Bloom's Q2 Catches Up to the Tape

Bloom Energy reported Q2 FY2026 aft the adjacent connected July 28, delivering gross of $1.07 billion, up 165.5% twelvemonth implicit twelvemonth (YoY), and non-GAAP net per stock of $0.78 against a $0.4066 consensus. Product gross unsocial jumped 215.4%, driven by hyperscalers, neoclouds, and AI information halfway operators.

Bloom Energy's absorption raised the company's full-year 2026 gross guidance to $3.9 cardinal to $4.2 cardinal and non-GAAP EPS to $2.55 to $2.85. CEO KR Sridhar declared that "Bloom is present a modular for AI onsite power" arsenic large U.S. hyperscalers, neoclouds, AI labs, and colocation operators validate its fuel-cell systems.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Plug Power didn't marque the cut. Grab the names FREE today.

Mizuho Upgrade Pours On More Fuel

Analyst sentiment besides seems to person provided substance for the buyers today. Mizuho lifted its standing connected Bloom Energy banal to Outperform from Neutral, though it acceptable a Bloom Energy terms people of $242, down from $285. The steadfast cited stronger-than-expected execution, accelerating borderline expansion, and operating leverage materializing earlier than modeled.

The analysts besides flagged Bloom's "time-to-power advantage," much than $27 cardinal of financing capacity, validation from each large U.S. hyperscalers, a backlog increasing faster than revenue, and permitting advancement successful New Mexico. The terms people trim reflected little service-revenue assumptions and humble adjacent aggregate compression.