On May 26, Bloom Energy rose 3.03% overnight, trading at approximately $311.68 per share, with trading volume of $4.09 million. The stock continued its upward trajectory fueled by a landmark $2.6 billion fuel cell capacity agreement with Nebius and multiple analyst upgrades.

According to SEC filings, Nebius subsidiary signed a master fuel cell capacity agreement with Bloom Energy on May 14, committing up to $2.6 billion in monthly service fees over the contract term. The agreement will provide approximately 250 megawatts of guaranteed capacity and 328 megawatts of system installed capacity across three phases, with Bloom Energy responsible for installation, operation, and maintenance. This marks another major breakthrough in AI data center power supply following Bloom Energy's prior Oracle agreement.

Analyst sentiment has also turned strongly bullish. Daiwa Securities upgraded Bloom Energy from Hold to Outperform with a target price of $324, while RBC Capital raised its target from $143 to $335. The stock has gained significantly from its May 19 low near $247, reflecting renewed confidence in SOFC technology's role in powering AI infrastructure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)