Bloom Energy reported a record third quarter with $1.24 billion in sales and raised its full-year guidance for the third time in 2026. However, the company's stock dropped 4% as negative operating cash flow of $27.1 million and $181 million in free cash flow use raised concerns. The cash flow issues stem from higher inventory and receivables as the company expands production capacity. Management expects cash collections to catch up with deliveries over time and emphasizes that the cash use is not a new trend. Bloom Energy's shares remain up 140% year to date, while competitors FuelCell Energy and Plug Power held steady. Investors will watch the next quarter for signs of improved cash flow alignment.
As of Oct 23, 2026 20:21 WIB, Bloom Energy trades at USD 208.49, down 4.26% for the day and far below its 52-week high of USD 345.85 but well above its 52-week low of USD 76.97. In contrast, FuelCell Energy and Plug Power are more stable, with prices near their 52-week lows at USD 11.46 and USD 1.37 respectively, showing smaller declines of 1.04% and 0.72%. On Pluang, investors hold Bloom Energy for a shorter typical time of 12 days compared to 48 and 42 days for FuelCell and Plug Power, reflecting different trading dynamics among these industrial sector peers.
Bloom Energy reported strong third-quarter results with earnings per share of 94 cents, significantly higher than the 69 cents expected by analysts and up from 15 cents a year earlier. Revenue surged 138% to $1.24 billion, beating the $1.07 billion f...
Shares of fuel cell companies like Bloom Energy, FuelCell Energy, and Plug Power dropped sharply as the recent rally tied to AI data center demand reversed. Bloom Energy led the decline with a 9% drop, reflecting investor caution before its third-qua...
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