We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Analysts have been way behind on this off-grid energy growth story and the deals keep popping
BE revenue consensus for 2026 has risen to $3.25 billion, representing over 60% annual growth
Zacks 2026 EPS consensus has climbed to $1.38, for an 80% advance
Bloom Energy ((BE - Free Report) ) is the sole provider of Solid Oxide Fuel Cells (SOFCs) to datacenters in this historic AI infrastructure buildout that traditional behind-the-meter power grids cannot support.
Even as gas turbine generators from GE Vernova ((GEV - Free Report) ) and Caterpillar ((CAT - Free Report) ) work to fill the gaps, they have quickly become sold-out through 2028.
That leaves Bloom in the sweet spot of the demand curve not just for datacenters, but also manufacturing, oil & gas, large utilities, healthcare, telecom, education, retail and other commercial and industrial sectors.
Fast, Clean, Reliable, Scalable
Bloom proprietary solid oxide technology converts fuel -- natural gas, biogas, or hydrogen -- into electricity without combustion, resulting in low or no CO2 emission, and zero water demands.
Generating about 300kW of power each, combined in multiple modules the Energy Servers can create a reliable always-on micro-grid.
I've written about Bloom extensively since we bought shares for my TAZR Trader portfolio in September near $70. Here was an update in late January...
Bloom Energy leads in solid oxide fuel cells (SOFCs) for stationary on-site power, targeting data centers with efficient, grid-independent generation deployable in 90 days. Bloom has customers like Oracle ((ORCL - Free Report) ) and partners with Brookfield Corporation to supply datacenters with fast, clean, agile energy.
Bloom also recently inked a $2.65 billion deal with American Electric Power ((AEP - Free Report) ) to provide fuel cells. I originally bought Bloom Energy shares in September because they had a chance to double revenues in under two years just like Generac did from 2020-2022 to $4.5 billion. Bloom Energy is projected to grow the topline by 38% this year to cross $2.6 billion.
(end of Jan notes)
In March, while tensions over Iran were rising, the AI infrastructure trade took a breather as oil prices and supply chain worries multiplied.
This sent BE shares below my suggested buy range of $130-140. On March 30th, I told my TAZR Trader group to grab more below $120. That proved to be a precision strike as the stock only stayed there for a few hours.
Oracle Re-Ups Their Orders
On April 13, the company announced a massive expansion of its partnership with Oracle to power the tech giant’s AI data center buildout.
Under the new master services agreement, Oracle plans to procure up to 2.8 gigawatts of Bloom’s SOFC systems, with an initial 1.2 gigawatts already contracted.
Some excerpts from the press release will highlight the potential of this deal and more to come for Bloom...
The expanded partnership underscores Bloom’s capability to provide fast, reliable power suited for AI workloads, which require rapid, load-following support that traditional grids were not designed to deliver. Bloom’s systems are built to support higher-density AI workloads more efficiently, with a technology platform aligned to emerging standards such as 800 V dc.
“By rapidly deploying Bloom’s reliable, efficient fuel cell energy, we are quickly meeting the demands of our customers across the United States,” said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure. “Together, Bloom and Oracle Cloud Infrastructure are building the power foundation and AI infrastructure to accelerate American AI leadership.”
This agreement builds on the companies’ existing partnership and reflects a broader shift toward distributed, onsite generation as a critical component of modern digital infrastructure. Bloom’s modular fuel cell systems can be deployed far faster than traditional power solutions, enabling customers to accelerate time-to-power and reduce project risk. Last year, Bloom Energy delivered a fully operational fuel cell system to Oracle in just 55 days -- more than a month ahead of the anticipated 90-day deployment schedule.
Revenue and Profit Estimates on the Rise
In just the few business days of collecting updated analyst estimates since the announcement, the Zacks Revenue consensus for 2026 has risen to $3.25 billion, representing over 60% annual growth.
And the Zacks EPS consensus has climbed to $1.38, for an 80%+ advance. I expect both the top and bottom lines to keep adjusting upwards for the next week as all the analyst models are reworked and submitted.
One thing to keep in mind is how far behind Wall Street analysts have been on this one-of-a-kind growth story. Jefferies and Bank of America stand out as they maintained sub-$40 price targets in Q4 of 2025 and only raised them conservatively even as new deals rolled in like that with AEP.
But after this news, the Jefferies analyst felt compelled to raise their PT to $187 from $97 in what could be assessed as a reluctant mea culpa.
So while we wait once again for the Street to catch up, if you don't own any Bloom Energy shares, I suggest buying now under $210. You could look to add to your position on a partial gap fill below $200.
Disclosure: Kevin Cook owns BE shares for the Zacks TAZR Trader portfolio.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Bull of the Day: Bloom Energy (BE)
Key Takeaways
Bloom Energy ((BE - Free Report) ) is the sole provider of Solid Oxide Fuel Cells (SOFCs) to datacenters in this historic AI infrastructure buildout that traditional behind-the-meter power grids cannot support.
Even as gas turbine generators from GE Vernova ((GEV - Free Report) ) and Caterpillar ((CAT - Free Report) ) work to fill the gaps, they have quickly become sold-out through 2028.
That leaves Bloom in the sweet spot of the demand curve not just for datacenters, but also manufacturing, oil & gas, large utilities, healthcare, telecom, education, retail and other commercial and industrial sectors.
Fast, Clean, Reliable, Scalable
Bloom proprietary solid oxide technology converts fuel -- natural gas, biogas, or hydrogen -- into electricity without combustion, resulting in low or no CO2 emission, and zero water demands.
Generating about 300kW of power each, combined in multiple modules the Energy Servers can create a reliable always-on micro-grid.
I've written about Bloom extensively since we bought shares for my TAZR Trader portfolio in September near $70. Here was an update in late January...
Bloom Energy leads in solid oxide fuel cells (SOFCs) for stationary on-site power, targeting data centers with efficient, grid-independent generation deployable in 90 days. Bloom has customers like Oracle ((ORCL - Free Report) ) and partners with Brookfield Corporation to supply datacenters with fast, clean, agile energy.
Bloom also recently inked a $2.65 billion deal with American Electric Power ((AEP - Free Report) ) to provide fuel cells. I originally bought Bloom Energy shares in September because they had a chance to double revenues in under two years just like Generac did from 2020-2022 to $4.5 billion. Bloom Energy is projected to grow the topline by 38% this year to cross $2.6 billion.
(end of Jan notes)
In March, while tensions over Iran were rising, the AI infrastructure trade took a breather as oil prices and supply chain worries multiplied.
This sent BE shares below my suggested buy range of $130-140. On March 30th, I told my TAZR Trader group to grab more below $120. That proved to be a precision strike as the stock only stayed there for a few hours.
Oracle Re-Ups Their Orders
On April 13, the company announced a massive expansion of its partnership with Oracle to power the tech giant’s AI data center buildout.
Under the new master services agreement, Oracle plans to procure up to 2.8 gigawatts of Bloom’s SOFC systems, with an initial 1.2 gigawatts already contracted.
Some excerpts from the press release will highlight the potential of this deal and more to come for Bloom...
The expanded partnership underscores Bloom’s capability to provide fast, reliable power suited for AI workloads, which require rapid, load-following support that traditional grids were not designed to deliver. Bloom’s systems are built to support higher-density AI workloads more efficiently, with a technology platform aligned to emerging standards such as 800 V dc.
“By rapidly deploying Bloom’s reliable, efficient fuel cell energy, we are quickly meeting the demands of our customers across the United States,” said Mahesh Thiagarajan, executive vice president, Oracle Cloud Infrastructure. “Together, Bloom and Oracle Cloud Infrastructure are building the power foundation and AI infrastructure to accelerate American AI leadership.”
This agreement builds on the companies’ existing partnership and reflects a broader shift toward distributed, onsite generation as a critical component of modern digital infrastructure. Bloom’s modular fuel cell systems can be deployed far faster than traditional power solutions, enabling customers to accelerate time-to-power and reduce project risk. Last year, Bloom Energy delivered a fully operational fuel cell system to Oracle in just 55 days -- more than a month ahead of the anticipated 90-day deployment schedule.
Revenue and Profit Estimates on the Rise
In just the few business days of collecting updated analyst estimates since the announcement, the Zacks Revenue consensus for 2026 has risen to $3.25 billion, representing over 60% annual growth.
And the Zacks EPS consensus has climbed to $1.38, for an 80%+ advance. I expect both the top and bottom lines to keep adjusting upwards for the next week as all the analyst models are reworked and submitted.
One thing to keep in mind is how far behind Wall Street analysts have been on this one-of-a-kind growth story. Jefferies and Bank of America stand out as they maintained sub-$40 price targets in Q4 of 2025 and only raised them conservatively even as new deals rolled in like that with AEP.
But after this news, the Jefferies analyst felt compelled to raise their PT to $187 from $97 in what could be assessed as a reluctant mea culpa.
So while we wait once again for the Street to catch up, if you don't own any Bloom Energy shares, I suggest buying now under $210. You could look to add to your position on a partial gap fill below $200.
Disclosure: Kevin Cook owns BE shares for the Zacks TAZR Trader portfolio.