Bloom Energy Corp's stock soared 6.89% in pre-market trading Friday, extending gains from the previous session after the company reported fourth-quarter financial results that significantly exceeded analyst expectations.

The fuel cell systems provider posted quarterly adjusted earnings per share of $0.45, beating the consensus estimate of $0.31 by 45%, while revenue reached $777.7 million, surpassing the $652.1 million estimate and representing 35.9% year-over-year growth. For the full fiscal year 2025, Bloom Energy reported record revenue of $2.02 billion, up 37.3% year-over-year, with management attributing the strong performance to significant growth from AI data center demand.

The company also provided optimistic 2026 guidance, forecasting revenue between $3.1 billion and $3.3 billion, well above the $2.54 billion analyst consensus, with adjusted earnings per share projected at $1.33 to $1.48 versus the $1.07 estimate. Analyst price target increases from firms including BTIG and JP Morgan further supported the pre-market surge as investors reacted to the earnings beat and bullish outlook.