US0937121079 - Common Stock
Which stocks are experiencing notable movement on Friday?
Bloom Energy announces a sizable deal with American Electric Power Company. Piper Sandler analyst upgraded BE shares to "overweight" today.
Top movers analysis in the middle of the day on 2024-11-15: top gainers and losers in today's session.
Let's have a look at the gap up and gap down stocks in today's session.
American Electric Power Co. will use Bloom Energy Corp. fuel cells to supply data centers, providing a quick solution to add power as the utility industry struggles to meet rising electricity demand.
Bloom Energy could be about to turn profitable.
Bloom Energy (BE) delivered earnings and revenue surprises of -111.11% and 14.38%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 17.5% year on year to $330.4 million. On the other hand, the company’s full-year revenue guidance of $1.5 billion at the midpoint came in 3.5% above analysts’ estimates. Its non-GAAP loss of $0.01 per share was also 112% below analysts’ consensus estimates.