On June 24, Bloom Energy rose 3.8% in regular trading, trading at approximately $331.72/share, with turnover of $594 million, extending its recent rebound trajectory.

On the news front, the company secured a major long-term contract with Brookfield focused on AI data center infrastructure, with a total contract value of approximately $2.65 billion over a 20-year term. Under the agreement, Bloom Energy will build and operate a fuel cell power generation facility in Wyoming. Additionally, the previously concerning 1.8GW data center project in Cheyenne, Wyoming — which had triggered a sharp selloff on June 23 when the stock plunged over 11% — has been confirmed as not terminated. Utility company Black Hills stated it will continue construction with an expected commissioning date in early 2028. The project involves approximately 900MW of Bloom Energy fuel cell systems. Oracle also raised its cloud infrastructure business growth forecast to 77%, reinforcing order visibility for Bloom Energy as its core SOFC supplier.

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