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Bloom Energy Corp. (NYSE:BE) is one of the 10 Stocks Notching Impressive Double-Digit Gains.

Bloom Energy climbed to a new all-time high on Wednesday, as investors took heart from its strong earnings performance, having swung to profitability in the first quarter of the year.

At intra-day trade, Bloom Energy Corp. (NYSE:BE) jumped to its highest price of $290.47 before paring gains to end the session just up by 27.21 percent at $287.97 apiece.

A Bloom Energy power generation system. Photo from Bloom Energy website

In an updated report, the company said that it swung to a $70.65 million net profit attributable to shareholders from a $23.8 million attributable net loss in the same period last year.

Revenues also soared by 130 percent to $751 million from $326 million, on the back of a 208.4-percent jump in product revenues.

Commenting on the performance, Bloom Energy Corp. (NYSE:BE) Chairman and CEO KR Sridhar said that the company is ushering in the era of digital power for the digital age, and that it is rapidly becoming the standard and “go-to choice” for on-site power.

Following the strong results, Bloom Energy Corp. (NYSE:BE) raised its full-year 2026 revenue guidance to a range of $3.4 billion to $3.8 billion, versus the $3.1 billion to $3.3 billion as previously expected.

Non-GAAP operating income was pegged at $600 million to $750 million, higher than the $425 million to $475 million targeted prior.

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