Movement Alert|Bloom Energy Rises 3.04% in Regular Trading, $2.6 Billion Nebius Fuel Cell Agreement and Analyst Upgrades Continue to Drive Momentum

Market Focus
May 29

On May 29, Bloom Energy rose 3.04% in regular trading, trading at $303.8 per share, with trading volume of $12.71 billion, rebounding after a prior pullback.

On the news front, Bloom Energy previously signed a landmark long-term fuel cell power supply agreement with European AI infrastructure provider Nebius, valued at up to $2.6 billion. The agreement spans up to 30 years, deploying in three phases to provide approximately 250MW of guaranteed capacity and 328MW of installed capacity under a monthly service fee model, with Bloom Energy responsible for installation, operation, and maintenance. The deal represents a major breakthrough in AI data center power supply following the Oracle 2.8GW super-order.

Additionally, Daiwa Securities upgraded Bloom Energy from Hold to Outperform with a target price raised from $98 to $324, while RBC also lifted its target from $143 to $335, reinforcing bullish institutional sentiment around the company's role in AI computing infrastructure power solutions.

(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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10