On October 13, Bloom Energy Corp fell 5.04% in Regular Trading, trading at $251.18 per share, with turnover of $228 million.
The move coincided with continued market concern over power-supply arrangements and project timing for Oracle's New Mexico data center, where Bloom Energy fuel cells are tied to Project Jupiter, alongside fresh attention on a large out-of-the-money call sale that reinforced a cautious sentiment backdrop.
Recent reports said Oracle had previously issued a force majeure notice related to Project Jupiter, while the project's natural gas pipeline timeline remained uncertain. Separately, options flow on October 13 showed a roughly $12.47 million sale of April 2027 $290 calls, with implied volatility percentile near 1.99%, signaling limited conviction in upside above that level. This options pattern followed several earlier large far-out call sales in Bloom Energy Corp, adding to pressure on risk appetite even as some analysts recently raised price targets, including Roth Capital to $260 from $225.
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