Bloom Energy (BE) Stock Pops 6% After Hours: S&P 500 Is Calling

TLDR

• Bloom Energy (BE) jumped ~6% in after-hours trading after S&P Dow Jones Indices confirmed its addition to the S&P 500.
• The index change is effective before the open on September 21, 2026, as part of the quarterly rebalance.
• BE stock has rallied over 191% year-to-date, driven by AI data center power demand.
• The company beat Q2 earnings estimates by $0.39 per share, with revenue up 165.5% year-over-year.
• Wall Street holds a Moderate Buy consensus with an average price target of $248.05.

Bloom Energy stock was trading at $252.84 when markets closed Friday, before jumping roughly 6% in after-hours trading after S&P Dow Jones Indices confirmed BE will join the S&P 500 as part of its September quarterly rebalance.

Bloom Energy Corporation, BE

The addition takes effect before the opening bell on September 21, 2026. Index funds and ETFs that track the S&P 500 will need to buy BE ahead of that date, which typically pushes short-term demand for newly added stocks.

Illumina (ILMN) and Everpure (P) will also join the S&P 500 in the same rebalance. To make room, Molson Coors (TAP), The Trade Desk (TTD), and Builders FirstSource (BLDR) will drop to the S&P SmallCap 600.

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