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.)