On October 1, Bloom Energy Corp rose 3.08% overnight, trading at 285.84 USD/share, with turnover of 9.1923 million USD. The stock had declined 3.31% in the prior regular session following a sharp 10.80% single-day rally, and the overnight rebound exhibits characteristics of a short-term technical recovery.

On the news front, Jefferies recently raised its price target on Bloom Energy from $229 to $264, maintaining a Hold rating, citing large project wins and capacity expansion plans targeting 2 GW by year-end as supportive of near-term revenue growth. FactSet consensus among analysts sets the mean target at $287.26 with an Overweight rating. Additionally, Bernstein clarified that commercial contract terms between Bloom Energy and Oracle for the Project Jupiter data center remain unchanged, with the project still on track. The delay stems from Energy Transfer pipeline right-of-way permitting issues rather than any Bloom Energy equipment delivery obstacles.

Meanwhile, options activity in recent sessions showed notable large-block put positioning, including a $9.11 million purchase of out-of-the-money 285 strike puts, signaling some defensive hedging among institutional holders despite the broader bullish consensus.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)