On July 28, Bloom Energy Corp fell 7.24% in regular trading, trading at $173.55/share, with turnover of $163 million. The stock came under significant selling pressure as the company is scheduled to report its second-quarter earnings after market close today.

The decline reflects concentrated profit-taking ahead of the earnings window. Bloom Energy had previously rallied on multiple catalysts, including the expansion of its AI infrastructure partnership with Brookfield to $25 billion — a fivefold increase in construction and financing scale — and a $1.7 billion investment announcement by the Industrial Development Fund and Oaktree Capital for Nebius AI infrastructure expansion. With the earnings date arriving, investors chose to lock in gains, intensifying bull-bear divergence.

UBS has maintained its buy rating and $350 price target on Bloom Energy, arguing that market concerns over scandium supply constraints are overstated. The company had also filed with the SEC to reject short seller Hunterbrook's allegations regarding supply chain dependencies.

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation, serving utilities, data centers, agriculture, retail, hospitals, and manufacturing industries.

(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.)