Danny cheng
Technology Investor, Homily Charts & Technical Analysis
Bloom Energy's mid-term uptrend looks ready to resume, provided whale accumulation stays strong and steady, now at 67.5%. The last volatility hole marked the bottom and the first buy zone, and momentum bars at $205, $217 and $252 that first acted as resistance have since been cleared with conviction, flipping into support and buy signals. x.comÂ
Bloom Energy's recent volatility hole clearly signaled the bottom, and momentum has built since, with whale accumulation rising steadily to 26%. A breakout above the hole's $228.5 upper boundary is needed to confirm the uptrend continues; meanwhile momentum bars at $203-205 should provide near-term support. x.comÂ
Bloom Energy's chart shows buyers winning a key battle by reclaiming the ~$240-250 pivot on its S&P 500 inclusion. That level is the neckline of both the May-July distribution top and the Adam-and-Eve double bottom since mid-July; the gap-up reclaim held and closed on higher volume. Price has made two higher lows and is building a higher high, while converging moving averages should draw trend-following support on pullbacks. The stock is known to be volatile. x.comÂ
Bloom Energy delivered an excellent quarter with clear fundamental improvements, but too much fear in the market is stopping a post-earnings move from starting a new uptrend. Like Solaris Energy Infrastructure, it needs to consolidate first, and it should get there. x.comÂ
Bad macro conditions mean even Bloom Energy's strong growth is not enough for the stock right now. Wall St Engine reports Q3 revenue rose 138.1% year over year. x.comÂ
Bloom Energy's repeated revenue and EBITDA beats suggest its pullback will give way to another run soon. It raised 2026 guidance for the third time. Morgan Stanley raised its target to $335 and says Bloom targets revenue growth well above 100%, with backlog growing faster than sales and a path to more than 5 GW of capacity. x.comÂ
Bloom Energy's third beat-and-raise this year makes its selloff look driven by market fear rather than deteriorating business results. A similar sentiment-driven decline after strong results in July marked a bottom before the stock doubled; the setup looks similar now. x.comÂ
Bloom Energy's demand may not become revenue when customers struggle to secure financing. Capital is difficult to raise in this climate; a reading of management's AI discussion also points to permitting, local opposition and customer credit as obstacles despite robust demand. Even after good earnings, the shares did not look very bullish. x.com x.comÂ
Bloom Energy is attractive because it is newly profitable and sales are doubling year over year; its stock is building a base-on-base recovery uptrend below the June all-time high. x.comÂ
Bloom Energy looks more appealing after beating earnings estimates by a wide margin while trading at about 55 times earnings near $200. The market paid $350 in June, but the company now earns far more than expected despite a 33% share-price drawdown. x.comÂ
Bloom Energy is probably already priced for perfection after running up like crazy, and it will likely keep trending down now that market sentiment has shifted. x.comÂ
Bloom Energy could look cheap if it hits its revenue targets amid exploding demand for on-site power. Revenue is projected at $4.5B in 2026 and $16B by 2029, implying 3.5x 2029 sales at a $56B market cap. It ranks alongside Forgent Power Solutions, perhaps better, as a buy at current levels. x.com x.comÂ
