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Bloom Energy

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Bloom Energy Soars to Fresh Peak on Oracle Deal, Analysts Eye More Gains
market-news1 month ago

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

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.

via TipRanks|
#ai#bloom-energy#data-centers
markets1 month ago

Bloom Energy Climbs as Oracle Expands AI-Cloud Infrastructure Pact

Bloom Energy shares moved higher in after-hours trading after the company announced an expanded strategic partnership with Oracle to support its AI and cloud infrastructure, with Oracle planning to procure up to 2.8 gigawatts of Bloom’s fuel-cell systems under a master services agreement (an initial 1.2 GW already contracted); deployment is underway and expected to continue into next year, with Bloom’s Aman Joshi calling the expanded relationship a step toward a shared vision for energy and AI infrastructure. BE was up about 9.7% after hours to around $193.93.

via Benzinga|
#after-hours#bloom-energy#fuel-cell
Oracle-OpenAI Abilene AI Center Update Triggers BE and CRWV Selloff
market-news2 months ago

Oracle-OpenAI Abilene AI Center Update Triggers BE and CRWV Selloff

Bloom Energy and CoreWeave fell after a Bloomberg report said Oracle and OpenAI scrapped plans to expand a large AI data-center in Abilene, Texas due to financing issues; BE slid about 15% to $135.19 and CRWV about 2.5% to $72.99 as sentiment around AI infrastructure stocks cooled, though Meta and Nvidia were linked to potential alternative arrangements.

via TipRanks|
#ai-infrastructure#bloom-energy#coreweave
Why Investors Should Sell Bloom Energy Stock After Its AI-Fueled Rally
business8 months ago

Why Investors Should Sell Bloom Energy Stock After Its AI-Fueled Rally

Bloom Energy's stock has surged over 540% in a year due to its role in powering data centers for AI and cloud computing, but Jefferies recommends selling, citing overvaluation and the need for more substantial data-center orders to justify its high valuation, which is around 81 times earnings. The company's future growth depends on securing more large-scale deals, but visibility into such orders remains uncertain.

via Barron's|
#ai#bloom-energy#business
Bloom Energy's Stock Soars to Record Highs Amid Oracle's Growth Surge
business8 months ago

Bloom Energy's Stock Soars to Record Highs Amid Oracle's Growth Surge

Bloom Energy's stock has surged over 125% since July following its partnership with Oracle to supply fuel cell technology for AI data centers, with a recent price target increase suggesting a further 27% upside. The collaboration is seen as positioning Bloom Energy for significant growth in powering AI infrastructure, supported by Oracle's strong demand for cloud services and increased bookings. The stock's technical setup indicates strong upward momentum, and the partnership with Oracle is expected to boost Bloom Energy's scale and order flow.

via Investor's Business Daily|
#ai-data-centers#bloom-energy#business
Top 5 Stocks to Watch: Palantir, Bloom Energy, Pfizer Insights
finance1 year ago

Top 5 Stocks to Watch: Palantir, Bloom Energy, Pfizer Insights

The top trending stocks on Yahoo Finance include Palantir Technologies, which hit record highs after announcing a move to the Nasdaq, and Bloom Energy, which surged following a major supply agreement with American Electric Power. In contrast, Pfizer shares fell amid concerns over potential vaccine policy changes under the Trump administration, Applied Materials dropped after disappointing earnings, and FuelCell Energy declined due to workforce cuts and cost reductions.

via Benzinga|
#bloom-energy#finance#market-trends
Bloom Energy Soars on Major AI Data Center Fuel Cell Deal with AEP
business1 year ago

Bloom Energy Soars on Major AI Data Center Fuel Cell Deal with AEP

Bloom Energy's stock soared 70% after announcing a deal with American Electric Power to supply up to 1 gigawatt of fuel cells for AI data centers, marking the largest commercial procurement of such technology globally. The agreement includes an initial order of 100 megawatts of solid oxide fuel cells, with potential expansions in 2025. Analysts upgraded Bloom Energy's stock, estimating the deal could generate $3 billion in revenue and position the company as a key player in powering large-scale data centers.

via Yahoo Finance|
#ai-data-centers#american-electric-power#bloom-energy
"Bloom Energy's Stock Plunge: Q4 Results, CFO Departure, and Gloomy Outlook"
finance2 years ago

"Bloom Energy's Stock Plunge: Q4 Results, CFO Departure, and Gloomy Outlook"

Bloom Energy's stock plunged by 19.2% after reporting a nearly 23% drop in revenue for the fourth quarter and the unexpected departure of its president and CFO, Greg Cameron. The company attributed the revenue decline to challenges in its Korean business and stated that it had to "hit a pause" in sales to Korea to adapt to new government policies. Despite swinging to a profit in the fourth quarter, investors are concerned about the sales hit and are giving up on the renewable energy company for now.

via Yahoo Finance|
#bloom-energy#cfo-departure#finance
"Hydrogen Stocks Plummet: Plug Power, Nikola Motors, and Bloom Energy in Freefall"
finance2 years ago

"Hydrogen Stocks Plummet: Plug Power, Nikola Motors, and Bloom Energy in Freefall"

Shares of hydrogen stocks like Plug Power, Bloom Energy, and Nikola Motors have plummeted this week due to concerns about dilution, increased competition, and financial instability. Plug Power's plan to raise up to $1 billion through new equity issuance has sparked significant bearish sentiment, while Bloom Energy's lack of profitability and similarity to Plug Power has led investors to trim their positions. Nikola Motors faced increased competition at the Consumer Electronics Show, further eroding investor confidence. Despite the drop in stock prices, caution is advised before considering these hydrogen stocks as potential buying opportunities, with Bloom Energy being on firmer financial footing than Plug Power and Nikola.

via The Motley Fool|
#bloom-energy#finance#hydrogen-stocks