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Bloom Energy Shares Plunge 53% After Short-Seller Reports

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Story summary
  • Bloom Energy’s shares fell 53% from $345.85 on June 22 to $163.75 by July 29.
  • Bloom Energy reported Q2 revenue of $1.07 billion, a 166% year-over-year increase.
  • The company lifted its 2026 adjusted EPS outlook to $1.85-$2.00 from $1.33-$1.48.
  • Hunterbrook Media disclosed an affiliated fund shorting Bloom Energy and released reports questioning its fuel-cell performance and accounting.
  • Bloom Energy denied Hunterbrook’s claims and added a short-seller risk factor to its Q2 filing.