Why Is Bloom Energy Stock Soaring Wednesday?

Bloom Energy Corporation (NYSE: BE ) stock is up during Wednesday’s premarket session as investors react to a blowout quarterly report and higher full-year guidance. Earnings Crush Wall Street Estimates The company reported second-quarter revenue of $1.07 billion and adjusted EPS of 78 cents, topping consensus estimates of $822.77 million and 40 cents, respectively. GAAP diluted EPS improved to 62 cents from a loss of 18 cents a year earlier. GAAP gross margin expanded to 33.4% from 26.7%, while operating income reached $182.2 million, compared with a $3.5 million loss. Adjusted EBITDA climbed to $253.4 million from $41.2 million. Bloom also generated $226.4 million in operating cash flow and ended the quarter with approximately $2.67 billion in cash and cash equivalents, underscoring stronger liquidity and operating leverage. Management raised full-year 2026 revenue guidance to...