FeesSafety
Pluang+

Bloom Energy jumps 11% on Barclays upgrade and new California carbon-capture deal

03 Nov 2026, 16:48 WIB
24/7 Wall Street
View Source
Bullish
Bloom Energy jumps 11% on Barclays upgrade and new California carbon-capture deal

Bloom Energy's stock surged 11% following a Barclays upgrade citing faster-than-expected demand and a new carbon-capture partnership with California Resources. The company reported strong revenue growth but faces challenges with negative operating cash flow due to upfront investments. The non-binding California deal could enable significant carbon capture projects, aligning with CEO's vision of a trillion-dollar opportunity. Investors await confirmation of binding contracts and cash flow improvements as key next steps.

Bloom Energy (BE) is trading at USD 216.73 with a 10.44% increase as of Nov 03, 2026 22:02 WIB on Pluang, reflecting strong investor interest following the Barclays upgrade and California Resources partnership. FuelCell Energy (FCEL) also gained 8.38%, priced at USD 11.38, while GE Vernova (GEV) rose 5.26% to USD 907.57. Pluang order activity shows 78% buy interest for BE, contrasting with 98% sell for FCEL, highlighting differing investor sentiment within the sector.

More News (BE)

California Resources and Bloom Energy partner to develop 1 GW+ decarbonized power with carbon capture in California

California Resources and Bloom Energy partner to develop 1 GW+ decarbonized power with carbon capture in California

California Resources Corporation and Bloom Energy have signed a memorandum of understanding to jointly explore developing over 1 gigawatt of solid-oxide fuel cell power generation combined with carbon capture and storage in California. This collabora...

Market News
Bullish
22 hours ago
Fuel cell stocks fall despite FuelCell Energy's $49M EXIM financing completion.

Fuel cell stocks fall despite FuelCell Energy's $49M EXIM financing completion.

Fuel cell stocks including FuelCell Energy, Bloom Energy, and Plug Power dropped significantly despite positive developments like FuelCell Energy completing a $49 million export-import bank financing. FuelCell Energy's stock fell 12% after closing th...

Market News
Bearish
4 days ago
Bloom Energy shows strong AI-driven growth despite near-term cash flow concerns, aiming for $10B revenue by 2028.

Bloom Energy shows strong AI-driven growth despite near-term cash flow concerns, aiming for $10B revenue by 2028.

Bloom Energy reported a strong Q3 revenue of $1.24 billion driven by AI-related demand and rapid power deployment to data centers, a key advantage amid grid constraints. However, the company faces near-term challenges with negative $180 million free ...

Company Fundamentals
Bullish
4 days ago
iShares Global Clean Energy ETF offers value amid renewable sector sell-off, poised for growth if data centers adopt on-site power.

iShares Global Clean Energy ETF offers value amid renewable sector sell-off, poised for growth if data centers adopt on-site power.

The iShares Global Clean Energy ETF (ICLN) provides focused exposure to renewable energy companies like Bloom Energy and First Solar. Despite a mid-year sell-off causing negative sentiment, the ETF's price-to-earnings ratio of 18.4x presents an attra...

Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App