Bloom Energy rises after company rejects Hunterbrook claims, defends supply chain

Bloom Energy

09/07/2026 13:46

** Shares of fuel-cell maker Bloom Energy BE.N rise 5% to $267 premarket after co rejects Hunterbrook Media claims regarding its financial results and accounting
** "We have sufficient supply of scandium oxide to meet our current fuel cell demand and backlog, and our supply is not dependent on China" Bloom Energy says
** Co says it has clear visibility into its supply chain to support 25GW of fuel cells and continues to expand capacity
** In July, Hunterbrook Media's report says Bloom markets an unaudited $20 billion backlog of orders
** Report says Bloom's production ramp is "physically and commercially unattainable, pointing to a potential industry-wide scandium shortage by 2028
** At last close, BE up 192.6% YTD 

 (Reporting by Varun Sahay in Bengaluru)
 ((Varun.sahay@thomsonreuters.com))