Is Bloom Energy (BE) Stock a Buy Ahead of Earnings Thursday?

TLDR Bloom Energy (BE) stock rose 5% pre-market on October 21 after Tuesday’s AI energy sell-off. Q3 results are due Thursday after the close, with revenue expected near $1.06 billion to $1.07 billion. Options traders are pricing in a move of about 9% after the report. Truist lifted its price target to $240 with a Hold rating, while the average target is about $285. The stock is down 14% over the past month, while the group is down about 5%. Bloom Energy (BE) stock rose 5% in pre-market trading on Wednesday, October 21. It is bouncing back from a drop on Tuesday. Bloom Energy Corporation, BE The stock was last priced at $233.75. That leaves it down 14.3% over the past month.

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