Quick Read – FuelCell Energy and Plug Power dropped 10% and 6% on pure profit-taking, after surging roughly 400% each over the past year. – Bloom Energy’s 3% dip looks modest against peers, backed by Q1 revenue up 130% and raised FY26 guidance ranging from $3.4 billion to $3.8…
llion. – FuelCell Energy trades near $22 against an analyst price target of $8.24, with most Wall Street ratings sitting at hold or sell. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Bloom Energy didn’t make the cut. Grab the names FREE today
Fuel cell stocks are taking a sharp step back midday Wednesday, with FuelCell Energy (NASDAQ:FCEL) leading the decline. FuelCell Energy shares are down 10% to around $22, after closing Tuesday at $24.64. Plug Power (NASDAQ:PLUG) shares are off 6% to around $3.83, while Bloom Energy (NYSE:BE) is slipping a more modest 3% to around $294.
The split tells the story: this looks like profit-taking after a parabolic run. There’s no clean headline catalyst on the tape today. Instead, traders appear to be ringing the register on names that ran far and fast into June.