Bloom Energy (BE) Falls 8.6% on Profit-Taking

Bloom Energy Corp. (NYSE:BE) is one of the 10 Stocks Investors Are Running Away From.

Bloom Energy Corp. (NYSE:BE) slashed its share prices by 8.64 percent on Tuesday to finish at $269.57 apiece, as investors resorted to profit-taking following the previous day’s surge, while waiting for fresh catalysts to boost buying appetite.

Investors may have also begun repositioning portfolios ahead of the release of its second quarter earnings performance on July 28, 2026.

NANO Nuclear Energy (NNE) Wins DOE Voucher for Kronos

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

According to the company, it will hold a conference call after market close on the said date to elaborate on the results.

Investors are expected to watch for Bloom Energy Corp.’s (NYSE:BE) updated outlook for the full-year period, as well as further details on its “fivefold” expansion initiative with Brookfield.

Late last month, the two parties announced plans to expand their fuel cell partnership to $25 billion from $5 billion previously in line with the strong and sustained demand from hyperscalers and AI infrastructure developers for fast, reliable, and community-friendly power.

The expanded partnership also forms part of Brookfield’s $100 billion AI infrastructure fund target as it eyes to focus its investments in large AI factories power solutions, compute infrastructure, and strategic capital partnerships.

“[This] commitment reflects the momentum we are seeing in the market, as evidenced by recently announced large-scale deals. Bloom is uniquely positioned to address the urgent need for clean, reliable power to support the rapid growth of AI. We are pleased with our partnership with Brookfield and look forward to deepening our collaboration on large projects,” said Bloom Energy Corp. (NYSE:BE) Chief Commercial Officer Aman Joshi.

While we acknowledge the risk and potential of BE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BE and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1