Bloom Energy to Join the S&P 500 on Sept. 21
Bloom Energy (BE) is set to join the S&P 500 index ahead of market open on Monday, September 21. The inclusion follows a strong performance in 2026 with shares nearly tripling despite recent volatility tied to broader AI-related stock declines. The company has seen significant growth and profitability improvements this year, including surpassing $1 billion quarterly revenue for the first time and turning an operating profit of $182.2 million in Q2 compared to a loss last year. Management raised full-year guidance multiple times, projecting up to 100% revenue growth from its previous fiscal year. While index inclusion typically drives short-term price increases due to fund inflows, historical data suggests the impact has diminished over time. Bloom's stock is currently trading near $263 with a forward P/E ratio of about 53, reflecting high expectations for continued strong performance in AI-related power solutions.
Tickers: $SPGI
Topics: Bloom Energy S&P 500 stock inclusion