Bloom Energy Soars to Fresh Peak on Oracle Deal, Analysts Eye More Gains

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Source: TipRanks
Bloom Energy Soars to Fresh Peak on Oracle Deal, Analysts Eye More Gains
Photo: TipRanks
TL;DR Summary

Bloom Energy jumped nearly 23% to a record intraday high around $218.69 after Oracle expanded its multi‑gigawatt deal to power Oracle’s AI and cloud infrastructure, with an initial 1.2 GW and optional 2.8 GW. Oracle rose about 5% as Bloom’s on‑site power solutions gain traction for AI data centers. Analysts from RBC Capital and Evercore ISI turned more bullish on Bloom, signaling strong demand and potential upside beyond its current capacity, while TipRanks’ tool still shows Oracle with higher upside versus Bloom.

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