Bloom Energy stock price drops 9% as Wall Street questions AI payback ahead of CPI

Bloom Energy Corp climbed roughly 7% to $152.98 as of 11:29 a.m. EST on Monday. The stock bounced between $141.37 and $156.93, with trading volume reaching about 5.3 million shares.

Shares of Bloom Energy Corporation slid roughly 4.3% to $138.72 in afternoon trading Monday, after earlier fluctuating between $147.60 and $138.17.

Shares of Bloom Energy dipped on Friday despite Clear Street raising its price target, maintaining a Hold rating that highlights how much the stock has already climbed ahead of the next earnings call. Analyst Tim Moore at Clear Street now anticipates a bigger sales boost from American Electric Power’s Wyoming order, noting, “We now believe BE could achieve ~500 MW of fuel cells for that site.”