On July 29, Bloom Energy Corp rose 8.04% in regular trading, trading at $176.605/share, with turnover of $618 million. The surge was driven by the company's record-breaking Q2 earnings released after the prior session's close, which significantly exceeded market expectations across all key metrics.

Bloom Energy reported Q2 revenue of $1.065 billion, marking the first time the company surpassed the $1 billion quarterly threshold and far exceeding the consensus estimate of $822.765 million. Adjusted EPS came in at $0.78, beating the $0.40 estimate by 95%. Gross margin expanded sharply from 26.7% a year ago to 33.4%, while operating profit swung from a $3.5 million loss to $182.2 million. The company raised full-year revenue guidance to $3.9 billion-$4.2 billion, above the FactSet consensus of $3.73 billion, with non-GAAP operating income projected at $800 million-$900 million. CEO Sridhar stated all major US hyperscale cloud providers and over twelve AI-related customers have completed validation, with AI data center power demand serving as the core growth driver. Additionally, the company expanded its AI infrastructure partnership with Brookfield to $25 billion, and UBS maintained a Buy rating with a $350 target price.

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