Bloom Energy Posts Record Quarter, Raises Guidance Amid Short‑Seller Claims

Bloom Energy reported a record second‑quarter in which revenue jumped 165.5% to $1.07 billion and adjusted earnings per share rose to $0.78. The company lifted its 2026 revenue outlook to $3.9‑$4.2 billion and its projected EPS to $2.55‑$2.85, prompting a roughly 12% share‑price gain after the release, though the stock remains well below its June high.

The earnings beat came as Bloom secured a $1.7 billion project with Nebius and a financing framework with Brookfield Asset Management, underscoring growing demand for on‑site power from AI data centers. At the same time, short‑seller Hunterbrook Media accused Bloom of over‑reliance on Chinese scandium supplies; the company rejected the allegations as false and misleading, defending its supply chain and growth strategy.