News about BE

Bloom Energy (BE) shares rose more than 4% premarket on Monday as the company entered earnings week, with its Thursday report expected to highlight growth in AI data-center power. The stock had fallen 21% the previous week, its worst weekly performance in nearly four months, amid a broader selloff in semiconductor and AI stocks and concerns over competition from CXMT's next-generation memory plans. Truist raised its price target to $240 from $218 but kept a 'Hold' rating, expecting strong third-quarter demand, and analysts expect revenue to rise about 104% to $1.06 billion. The stock is up 155% year to date, and retail sentiment on Stocktwits has been bullish, though some users warned that elevated expectations could lead to a sell-the-news reaction.