Movement Alert｜Bloom Energy Corp Intraday Rise 9.07% in Regular Trading, NTT DATA Data Center Fuel Cell Deal Boosts Shares

Market Focus

Nov 06

On November 6, Bloom Energy Corp rose 9.07% in Regular Trading, trading at $181.61/share, with turnover of $433 million.

The move coincided with news that Bloom Energy Corp signed an agreement with NTT DATA to deploy 900 megawatts of on-site fuel cell power generation across multiple global data center projects, marking Bloom Energy Corp's largest international project to date.

Under the agreement, initial equipment shipments are scheduled to begin in 2027, and both companies said they plan to expand cooperation across NTT DATA's full global data center portfolio with a long-term goal of reaching gigawatt scale. The announcement adds to recent positive catalysts, including a rating upgrade to Overweight with a $289 price target, stronger customer deposits, and better-than-expected quarterly results with raised full-year revenue and earnings guidance.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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