On July 21, Bloom Energy rose 7.1% in regular trading, trading at $208.96/share, with turnover of $146 million. The stock accelerated its rebound after consecutive sessions of pressure from a short seller report, as bullish catalysts accumulated.

On the news front, short seller Hunterbrook had previously published a report alleging that Bloom Energy's 5GW annual production capacity would require approximately 220 tons of scandium oxide — nearly the entire global annual supply — casting doubt on long-term scalability. Following several days of declines, institutional support intensified. UBS maintained its buy rating and $350 price target, stating that scandium supply concerns are overblown and that Bloom has developed a robust and diversified procurement network. RBC noted the short report relies on dated reference material and that recent patents suggest a high likelihood the company has reduced its dependency on the mineral.

Additionally, Brookfield recently expanded its AI infrastructure partnership with Bloom Energy to $25 billion, while IDF and Oaktree Capital announced a $1.7 billion investment in Bloom's fuel cell technology for Nebius AI infrastructure — providing fundamental support for the company's growth outlook ahead of its June quarter earnings report expected on July 28.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)