Bloom Energy’s Q2 revenue topped $1 billion, and Morgan Stanley said results and guidance both beat expectations
Morgan Stanley said Bloom Energy’s second-quarter revenue topped $1 billion for the first time, while earnings came in well above expectations.
Morgan Stanley said Bloom Energy’s second-quarter revenue topped $1 billion for the first time, while earnings came in well above expectations.
The bank also said Bloom Energy unexpectedly raised its full-year 2026 guidance for a second straight quarter, lifting the midpoint of revenue guidance by about $450 million and profit guidance by about $175 million.
Management also addressed investor concerns about scandium supply and project delays.
The note said the stock has already reacted positively, and that further upside would depend on larger customer announcements. It also pointed to plant-expansion plans above 5 GW as a possible catalyst.
The bank also said Bloom Energy unexpectedly raised its full-year 2026 guidance for a second straight quarter, lifting the midpoint of revenue guidance by about $450 million and profit guidance by about $175 million.
Management also addressed investor concerns about scandium supply and project delays.
The note said the stock has already reacted positively, and that further upside would depend on larger customer announcements. It also pointed to plant-expansion plans above 5 GW as a possible catalyst.