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. 1
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. 2
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. 1
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. 3
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. 4
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. 5
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. 6
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. 3
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.
