Why Bloom Energy Stock Crashed in July
The business is booming amid the AI data center build-out, so what went wrong here?
Overview
Shares of Bloom Energy (NYSE: BE) soared 248% in the first half of 2026, hitting a 52-week high of $351.28 on June 25 as the fuel cell maker rode a wave of artificial intelligence (AI) data center demand for on-site power, landed marquee deals with hyperscalers, and delivered blowout numbers.
Then the cracks started, and Bloom Energy stock plunged 32% in July according to data provided by S&P Global Market Intelligence. Shares are now trading 40% off their 52-week high. Is this an opportunity to buy?
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.