FuelCell Energy and Bloom Energy stocks tumble on profit‑taking sell‑off

Shares of FuelCell Energy slumped about 10% after the company disclosed a strategic agreement with Fit Energy, while Bloom Energy fell roughly 7% as investors booked gains from a recent rally in fuel‑cell equities. The decline was part of a broader profit‑taking reversal that also saw Plug Power gain about 1% after it commissioned a 5 MW PEM electrolyzer in Esbjerg, Denmark, expected to produce around 550 t of green hydrogen annually.

Bloom Energy’s stock traded down 5.5% on the day, touching a low of $297.97 and recording a 17% rise in trading volume. Analysts have issued a wide range of price targets for the company, from $187 to $335, with a consensus rating of “moderate buy” and an earnings beat that lifted quarterly EPS to $0.44 against expectations. Insider sales were also reported, but the market focus remained on the sharp pull‑back in fuel‑cell stocks after recent rallies.