Movement Alert|Bloom Energy Corp Overnight Rise 3.5%, NTT DATA 900 MW data center deal continues to support sentiment

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On November 9, Bloom Energy Corp rose 3.5% Overnight, trading at $178.57 per share, with turnover of $13.81 million.

The move aligns with continued market digestion of the company’s previously announced agreement with NTT DATA to deploy 900 megawatts of fuel-cell onsite power systems across multiple global data center projects, a development described as Bloom Energy Corp’s largest international project to date.

Under the agreement, initial shipments are scheduled to begin in 2027, and the collaboration may later expand across NTT DATA’s broader global data center portfolio with a longer-term goal of reaching gigawatt scale. Recent supporting context also includes a rating upgrade to Overweight with a $289 price target and raised valuation targets from other firms, while options activity has shown a bullish tilt with call volume exceeding put volume.

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