Movement Alert|Bloom Energy Corp Rises 3.37% in Pre-Market Trading, Mizuho Raises Target Price to $351 as S&P 500 Inclusion Nears

Market Focus
6 hours ago

On September 16, Bloom Energy Corp rose 3.37% in pre-market trading, trading at 267.83 USD/share with turnover of $7.69 million, extending the prior session's rebound momentum.

On the news front, Mizuho significantly raised its target price on Bloom Energy from $242 to $351, maintaining an Outperform rating, providing clear support for market sentiment. Additionally, S&P Dow Jones Indices previously announced that Bloom Energy will be officially added to the S&P 500 Index before the market opens on September 21, replacing Molson Coors Beverage, with the effective date now less than one week away. Passive funds and ETFs tracking the S&P 500 still need to complete position-building ahead of the rebalance, forming near-term buying support. The stock had previously surged to a stage high of $277.06 on the inclusion announcement combined with AI computing on-site power demand catalysts, followed by profit-taking that triggered consecutive pullbacks before the current recovery phase.

Bloom Energy Corporation designs, manufactures, and installs solid-oxide fuel cell systems for on-site power generation, serving data centers, semiconductor manufacturing, and other critical infrastructure with distributed energy solutions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10