LS Electric signs USD 138.46 million deal: Bloom Energy stock sits 25.34 percent below high
Published on 10/13/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- LS Electric signed a USD 138.46 million contract with Bloom Energy on October 13, 2026.
- Bloom Energy stock was at EUR 230.75 at Lang & Schwarz on October 13, 2026 at 11:13 a.m. CEST.
- Bloom Energy reported USD 1.07 billion in second-quarter 2026 revenue, up 165.50 percent year over year.
- Third-quarter 2026 results are scheduled for October 22, 2026, after the market close.
Bloom Energy (ISIN US0937121079) was named in a USD 138.46 million contract signed by LS Electric on October 13, 2026, while Bloom Energy stock was at USD 262.28 on Nasdaq at 4:00 p.m. ET on October 12, 2026, 25.34 percent below its USD 351.28 52-week high. Evertiq reported that the agreement covers switchgear and distribution transformers for a fuel cell-based data center project in Pennsylvania.
USD 138.46 million data center order
LS Electric will supply 38 kilovolt-class high-voltage switchgear and distribution transformers between April and July 2027. The equipment is intended for onsite power generation at a big-tech data center, connecting Bloom Energy's fuel cell platform with a broader North American infrastructure buildout.
The latest order brings cumulative orders between LS Electric and Bloom Energy above USD 500 million over 18 months, according to Evertiq. That figure gives the contract a wider commercial context: the relationship is developing into a recurring equipment channel rather than a single project announcement.
What does the contract add?
Bloom Energy's latest reported quarter provides the operating backdrop. In the second quarter of 2026, revenue reached USD 1.07 billion, up 165.50 percent from the same period a year earlier, while earnings per share came to USD 0.78 against a USD 0.39 consensus estimate, according to MarketBeat. The comparison matters because the new contract arrives while the company is scaling revenue rapidly, but the same report noted that a USD 37.40 million tariff refund supported second-quarter gross margin.
MarketBeat listed 10 buy ratings, 2 strong-buy ratings, 13 hold ratings and 1 sell rating, with an average 12-month target of USD 258.32 on October 12, 2026. Its cited 52-week range of USD 75.70 to USD 351.28 places the USD 262.28 Nasdaq price closer to the upper end than the lower end, while the tariff refund remains a specific quality check for future profitability.
October 22 results set the next test
Bloom Energy announced on October 12, 2026 that it will release third-quarter 2026 results on October 22, 2026, after the market close. Management scheduled the conference call for 5:00 p.m. ET, making the October 22 report the next dated test of demand, margins and execution.
Price holds a dated market reference
Bloom Energy stock was trading at EUR 230.75 at Lang & Schwarz on October 13, 2026 at 11:13 a.m. CEST. The current euro quote gives the market a same-day reference while the contract, the second-quarter revenue comparison and the scheduled October 22 results provide the substantive timeline.
The further course of trading is shown by the continuously updated real-time quote of Bloom Energy stock.
Bloom Energy stock facts
- Company: Bloom Energy Corporation
- ISIN: US0937121079
- Ticker: BE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 11:13 a.m. CEST): EUR 230.75
- Market capitalization: USD 77.2 billion (as of October 12, 2026)
- 52-week range: USD 75.70-351.28 (as of October 13, 2026)
- Sector / Industry: Industrials / Electrical Equipment and Parts
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
