Bloom Energy (BE) Soars 20% on Q3 Blowout

We recently published 10 Stocks With Easy 20-40% Gains. Bloom Energy Corp. (NYSE:BE) is one of the last week’s best-performing stocks.

Shares of Bloom Energy jumped by 19.7 percent week-on-week, with investor sentiment generally bolstered by a strong revenue performance in the third quarter of the year.

In an updated report earlier in the week, Bloom Energy Corp. (NYSE:BE) said it grew its third-quarter revenues by 57 percent to $519 million from $330 million in the same period last year, on the back of a 55.7 percent jump in product and service revenues during the same period.

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Net loss attributable to shareholders, however, widened by 56 percent to $23 million from $14.7 million year-on-year, but was lower by 46 percent than the $42.6 million net loss in the last quarter.

On Friday, the company upsized its planned convertible senior notes offering to $2.2 billion from $1.75 billion previously, as it seeks to raise more funds to finance research and development, manufacturing activities, and other general corporate purposes.

Under the terms of the issuance, noteholders would be able to convert their holdings to cash, shares, or a combination of both beginning August 15, 2030, until before the notes mature on November 30, 2030.

Every $1,000 note would be converted to 5.1290 Class A common shares, representing a 52.50 percent premium over its $127.85 closing price on October 30, 2025.

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Disclosure: None. This article is originally published at Insider Monkey.