Bloom Energy Stock Volatile Ahead of Earnings

Fuel cell power stock Bloom Energy Inc (NYSE:BE) is moving lower ahead of its third-quarter earnings report, due out after the close tomorrow, October 28. The shares were last seen down 3.3% to trade at $106.69 today, earlier dropping as low as $103 and continuing a trend of outsized moves since the start of October.

On the charts, BE is back above its post bear-gap level from earlier in the month, though off roughly 19% from its Oct. 15 record high of $125.75. With close support at the 30-day moving average, the Top Stock Pick of 2025 is up 381% year to date.

The options pits are pricing in a large 24.3% swing, regardless of direction, for Bloom Energy stock on Wednesday after earnings. Over the past two years, the stock averaged a 9.7% post-earnings move, finishing four sessions positive and four negative over those past eight quarters. 

Notably, though short interest has been unwinding, it still represents 18.2% of the stock's available float. It would take shorts over three days to cover their bets, at BE's average pace of trading.