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Fuel Cell Tax Perk Could Supercharge Bloom Energy In 2026, Says JPMorgan
Wednesday, July 9, 2025 - 1:22pm | 382JPMorgan analyst Mark Strouse upgraded Bloom Energy Corp (NYSE:BE) to Overweight from Neutral, raising the price forecast from $18 to $33. According to Strouse, the unexpected eligibility of fuel cells for 48E tax credits under the finalized OBBB legislation could lead to upside in revenue and...
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Bloom Energy Reports Better-Than-Expected Q1 Results: Details
Wednesday, April 30, 2025 - 5:09pm | 425Bloom Energy Corp. (NYSE:BE) released its first-quarter results after Wednesday's closing bell. Here's a look at the details from the quarter. The Details: Bloom Energy reported quarterly earnings of three cents per share, which beat the analyst consensus estimate of losses of seven cents....
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Bloom Energy Stock Booms On AI Data Center Deal: What You Need To Know
Tuesday, July 16, 2024 - 4:56pm | 349Bloom Energy Corp (NYSE:BE) shares are rising in extended trading Tuesday after the company announced a strategic partnership with CoreWeave. What Happened: Bloom Energy said it entered into a partnership to deploy its proprietary fuel cells to generate on-site power for CoreWeave at a high-...
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Bloom Energy Shares Climb After Q1 Results, Expanded Agreement With Intel
Thursday, May 9, 2024 - 5:11pm | 418Bloom Energy Corporation (NYSE:BE) reported its first-quarter financial results after the bell Thursday. Here's a look at the details. The Details: Bloom Energy reported quarterly losses of 17 cents per share which missed the analyst consensus estimate of losses of 11 cents by 54.55%....
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Plug Power Secures Contract With Major US Auto Firm: Here's What It Means For Investors
Friday, February 23, 2024 - 12:11pm | 696Plug Power Inc. (NASDAQ: PLUG), a leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions, recently finalized an agreement with a major U.S. automobile manufacturer (not named in the press release) to supply hydrogen infrastructure and fuel cell solutions, which will...
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Ballard Power's Q3 Results Show Revenue Surge, Yet Net Losses Show An Upward Trend
Tuesday, November 7, 2023 - 2:29pm | 401Ballard Power Systems Inc (NASDAQ: BLDP) reported a third-quarter FY23 revenue growth of 29% year-over-year to $127.6 million, beating the consensus of $26.20 million. The company reported a gross loss of $(2.8) million compared to $(4.8) million a year ago. The gross margin was (10...
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Ballard Power Shares Slip As Q1 Revenue Declines 37%, Misses Estimates
Wednesday, May 10, 2023 - 12:40pm | 445Ballard Power Systems Inc (NASDAQ: BLDP) reported a first-quarter FY23 revenue decrease of 37% year-over-year to $13.3 million, missing the consensus of $18.32 million. The company reported a gross loss of $(5.6) million, compared to $(0.2) million a year ago. The gross margin was...
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This Clean Energy Company Has A Better 5-Year Return Than Exxon Mobil, Royal Dutch Shell And Meta Materials
Tuesday, June 29, 2021 - 12:30pm | 367Plug Power Inc (NASDAQ: PLUG) hasn't only been helping lead a greener future for the planet, the Latham, New York-based company has been ballooning investor's wallets at quite the clip. Since 2016, Plug Power shares have rocketed past energy peers in oil and natural gas: Exxon Mobil...
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BofA Upgrades Bloom Energy On Potential Alleviation Of Tax Equity Overhang
Thursday, June 3, 2021 - 10:59am | 245The near-term tax equity overhangs on Bloom Energy Corp’s (NYSE: BE) shares are likely to ease, according to BofA Securities. The Bloom Energy Analyst: Julien Dumoulin-Smith upgraded the rating for Bloom Energy from Underperform to Neutral, while raising the price target from $19.50 to $...
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Hyzon Expects To Deliver Fuel Cell Trucks In Europe In Q3
Monday, April 19, 2021 - 11:55am | 621Hyzon Motors, the SPAC-backed spinoff of Singapore's Horizon Fuel Cell Technologies, has begun production of fuel cell trucks in Europe. It expects to deliver the first of 15 zero-emission units to a city in the Netherlands in Q3. The Groningen municipality orders are being fulfilled through a...
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Lithium And Hydrogen Trades: 5 Battery-Related Stocks To Watch
Saturday, February 20, 2021 - 9:38am | 751Stocks in electric battery technology have been heating up as automakers, airlines and equipment manufacturers continue to form partnerships with tech companies. Batteries are essential to many of the technologies that innovators hope will replace fossil fuel-burning machines. This bodes well for...
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Plug Power CEO Andy Marsh On Why He Expects Fuel Cells To 'Dominate' By The End Of The Decade
Tuesday, June 30, 2020 - 1:25pm | 1004Hydrogen fuel cell company Plug Power's (NASDAQ: PLUG) stock surged after it announced its acquisitions of both United Hydrogen and Giner ELX, doubling down on its commitment to operate on at least 50% green hydrogen by 2024. The Buzz For EVs: The news follows a series of enticing...
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Nuvera Fuel Cells Ships Test Engines To Europe And China
Wednesday, August 28, 2019 - 1:10pm | 500Nuvera Fuel Cells is shipping test versions of its 45 kW fuel cell engines to partners in Europe and China to electrify commercial medium- and heavy-duty vehicles. The zero-emission engine generates enough power for buses, trucks and other on- and off-road vehicles, Nuvera said. Or it can be used...
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'A True Disruptor': Wall Street Weighs In On Bloom Energy
Monday, August 20, 2018 - 11:18am | 365Bloom Energy Corp (NYSE: BE) hit the ground running on the public market, trading as high as $29.88 in its first few weeks following its July IPO that priced at $15. The analyst quiet period on the stock has expired, and a handful of analysts weighed in Monday. Here's a sampling of...
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Plug Power Shares Jolted Higher Following Expansion Agreement With Wal-Mart Canada
Tuesday, June 2, 2015 - 8:33am | 321Shares of Plug Power Inc (NASDAQ: PLUG) spiked higher by more than 5 percent during Tuesday's pre-market session after the company announced an expansion of a previous agreement with Wal-Mart Stores, Inc. (NYSE: WMT)'s Canadian division, Wal-Mart Canada. Plug Power is a provider of...