Bloom Energy Corp

BE remains in a Stage 2 advancing phase within a broader uptrend, but a decisive support failure has driven price below key EMAs. Medium-term bias stays bullish under Stage 2 context, yet short-term conditions are unfavorable as price trades below the 9/21/50 EMAs. We prefer to stalk for shallow pullbacks into the EMAs or the former horizontal support zone for continuation participation under the High Momentum framework.

• ↑Revenue rose to $1.065B in Q2 2026 (+166% YoY), driven by AI data center demand
• ↑Backlog topped ~$6B (+140% YoY) with 80% repeat orders, underscoring customer loyalty
• ↓P/E of 333x implies stretched valuation relative to growth prospects