New York, Jan 17, 2026, 08:30 EST — The market has closed.
- Bloom Energy wrapped up Friday with a 7.4% gain, closing at $149.50.
- U.S. markets will be closed Monday in observance of Martin Luther King Jr. Day; trading picks up again Tuesday.
- Investors are digesting a major utility deal that links Bloom more closely to data-center power demand.
Bloom Energy shares ended Friday up 7.4%, closing at $149.50. The fuel-cell maker has extended its strong January rally, fueled by momentum traders sticking with the data-center power sector. (Yahoo Finance)
This shift is significant since Monday’s market holiday delays the next U.S. session, forcing a reset in positioning when markets reopen Tuesday. That comes after a volatile week in AI-related power stocks. (New York Stock Exchange)
Bloom now serves as a liquid proxy for “behind-the-meter” power — generation installed directly at customer sites, sidestepping certain grid limitations — attracting both quick investors and long-term infrastructure funds.
On Friday, the stock fluctuated between $141.01 and $150.84, with roughly 15.9 million shares changing hands, per Yahoo Finance data. (Yahoo Finance)
American Electric Power struck a $2.65 billion deal to buy a large share of Bloom solid oxide fuel cells for a Wyoming plant, Reuters reported earlier this month. The utility also revealed a 20-year offtake agreement tied to the facility’s output, though it hinges on conditions expected by Q2 2026. (Reuters)
Evercore ISI analyst Nicholas Amicucci described the AEP disclosure as a “meaningful positive” for demand visibility in a note highlighted by Barron’s, responding to investor calls for clearer insights on volume and timing of big orders. (Barron’s)
Fuel-cell and alternative-power stocks saw a ripple effect. FuelCell Energy jumped 7.9% on Friday, outpacing a mostly flat broader market, according to MarketWatch data. (MarketWatch)
Investors are focused on one thing now: can Bloom convert the buzz around deals into a consistent flow of contracted megawatts? And will more utilities or big-load customers emerge as the first earnings season of the year nears?
Bloom is set to attend the PowerGen conference in San Antonio from Jan. 20-22. The event often attracts utility buyers and engineering firms—and occasionally sparks new project discussions. (Bloom Energy)
Many risks remain. The AEP offtake deal comes with strings attached, and big projects often face setbacks with permits, funding, or customer schedules; delays usually knock high-multiple momentum stocks hardest. (Reuters)
Tuesday’s reopening post-holiday marks the first real test. Traders will watch closely for follow-through or signs of a fade, while digging for fresh details on delivery timelines and counterparties linked to the Wyoming buildout.
