Bloom Energy Surges 6.86 on $760M Volume 152nd in Activity as Rivals' Sector Moves Drive Rally

On August 13, 2025, Bloom Energy (BE) rose 6.86% with a trading volume of $760 million, marking a 40.99% increase from the previous day and ranking 152nd in market activity. The move occurred amid limited company-specific news but coincided with broader sector developments.

Analysts noted that rival fuel cell firms Plug Power and Ballard Power influenced market sentiment. Plug Power reported a significant net loss in Q2, while Ballard Power received a near-50% price target increase from Roth Capital. However, Roth did not endorse Ballard as a buy, cautioning that the fuel cell sector remains challenging. These cross-sector dynamics may have indirectly driven Bloom’s share price, despite the lack of direct catalysts for the company.

Bloom Energy’s valuation remains under scrutiny. Trading at a price-to-earnings ratio of 400, the stock commands a premium despite generating just $0.11 per share over the past 12 months. The company’s balance sheet also shows liabilities three times its cash reserves, raising questions about its financial sustainability. Analysts have highlighted that the rally appears disconnected from fundamental improvements in Bloom’s business performance.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 yielded a compound annual growth rate of 6.98%, with a maximum drawdown of 15.46%. While the approach showed steady growth overall, a sharp decline in mid-2023 underscored the risks of volatility in high-volume trading strategies.