Bloom Energy, Power Player for AI Data Centers, Reignites Rally with Over 5% Surge

Bloom Energy Corporation (ticker: BE) closed at $339.50 on the New York Stock Exchange, up 5.44% from the previous day. Trading volume topped 6.49 million shares, and market capitalization reached about $970 million (roughly KRW 1.35 trillion), adding approximately $56 million (about KRW 78 billion) in just one day.

Fueled by expectations for AI data-center power demand, Bloom Energy’s share price has climbed over 200% year-to-date. Global brokerages such as UBS and Bernstein have expanded their coverage, setting price targets at $322 and $276, respectively. The company also strengthened its growth narrative by deepening its strategic partnership with Oracle to supply up to 2.8 GW of fuel cells.

Bloom Energy is a U.S. clean-energy firm that develops on-site power systems—known as Bloom Energy Servers—based on solid oxide fuel-cell technology. These systems deliver round-the-clock electricity to data centers, semiconductor fabs, and large commercial facilities. Founded in 2001 by K. R. Sridhar, the company is regarded as a leading player in both the hydrogen economy and the distributed-power market, leveraging its expertise in fuel cells and electrolyzers.