Bloom Energy stock gained 4.17 percent after record Q2 revenue

Published on 10/04/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bloom Energy stock gained 4.17 percent to USD 289.15 on October 2, 2026, after Q2 revenue reached USD 1.07 billion. EPS hit USD 0.78 against USD 0.39 consensus.

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Bloom Energy stock (ISIN US0937121079) closed at USD 289.15 on the NYSE on October 2, 2026, gaining 4.17 percent from USD 277.58. The move followed renewed attention on Virginia's energy plan and the company's record second-quarter performance, which put revenue growth ahead of the stock's already elevated expectations.

Revenue reaches USD 1.07 billion

MarketBeat reports that Bloom Energy's Q2 2026 results, posted on July 28, 2026, showed revenue of USD 1.07 billion, up 165.5 percent from the same period of 2025. Adjusted earnings per share reached USD 0.78 against a consensus estimate of USD 0.39, while the company set fiscal-year 2026 adjusted EPS guidance at USD 2.550-2.850.

The operating picture also improved sharply. Bloom Energy reported Q2 operating income of USD 182.2 million, compared with an operating loss of USD 3.5 million in Q2 2025, according to Yahoo Finance.

Virginia policy adds a demand angle

On October 2, 2026, MarketBeat linked the stock move to Virginia's 2026 energy plan, which could support up to 5 gigawatts of new capacity for fuel-cell systems. Royal Bank of Canada reiterated an Outperform rating and a USD 335 price target, while the policy connection gave the rally a company-specific demand narrative.

The counterweight is valuation. MarketBeat cited a Moderate Buy consensus across 26 analysts and an average target of USD 257.18, below the October 2 close; the same source listed individual ratings ranging from Strong Buy to Sell. That gap means the latest revenue acceleration must continue to justify the market's expectations.

October 2 close and yearly range

Bloom Energy stock closed at USD 289.15 on the NYSE on October 2, 2026, with volume of 12,841,695 shares and a market capitalization of USD 85.2 billion. The USD 75.70 to USD 351.28 52-week range places the close 17.68 percent below the yearly high.