2.45 Gigawatts of Fuel Cells Suddenly Look Vulnerable Bloom Energy (NYSE:BE) has spent 2026 selling investors on a story that its solid oxide fuel cells are the standard for onsite AI power.
Booming electricity demand is creating new opportunities for clean energy companies. Bloom Energy is seeing strong growth on its top and bottom lines amid robust demand from data centers.
Here is how Bloom Energy (BE) and Alvopetro Energy Ltd. (ALVOF) have performed compared to their sector so far this year.
The U.S. House of Representatives has handed on-site power generators a policy win, and fuel cell stocks are responding in force Thursday morning.
Bloom Energy (NYSE:BE) shares are climbing midday Wednesday after S&P Dow Jones Indices confirmed that the fuel cell maker will join the S&P 500 before the market opens on September 21, according to S&P Dow Jones Indices.
Bloom Energy has already turned in triple-digit gains while Wall Street clings to a hold rating, and a credible path to $400 a share hinges on three very specific dominoes falling in the right order.
Bloom Energy is rated 'Buy' due to its pivotal role in powering US data centers and accelerating revenue and earnings growth. BE's Q2 2026 results showed 165.5% YoY revenue growth, a 738% EBIT surge, and positive cash flow, driven by AI-related demand. Management raised FY2026 guidance to $3.9–4.2B in revenue and expects continued margin and operating leverage expansion into 2027-2028.
The latest trading day saw Bloom Energy (BE) settling at $257.05, representing a -6.78% change from its previous close.
Bloom Energy (NYSE:BE) stock is down 8% to $253.72 midday Monday, as the artificial intelligence (AI) power bid unwinds days before the stock's scheduled S&P 500 addition.
Jim Cramer used his Mad Dash segment on CNBC's Squawk on the Street to flag what he described as outsized call buying, executed through flex calls, across a basket of technology and energy names.
Shares of Bloom Energy (NYSE:BE) are climbing in Friday morning trading, up 7% to $276.31 after S&P Dow Jones Indices confirmed the fuel cell maker's addition to the S&P 500.
Bloom Energy is rated a Strong Buy, with a projected 12–24% annual return through 2032, driven by surging demand and dominant market share. BE's order backlog, rapid customer prepayments, and 336% YoY rise in unbilled revenue signal accelerating demand, especially from hyperscalers facing grid bottlenecks. Gross margin expansion—now 35.6% on products and improving across segments—underscores BE's pricing power and operational leverage amid record installations.