NEW YORK, January 2, 2026, 19:47 ET — After-hours
- Bloom Energy shares were last up about 13.6% at $98.69 in after-hours trading after a sharp Friday surge.
- Fuel-cell peers Plug Power and FuelCell Energy also gained double digits.
- Traders are watching whether BE can hold near $100 and build on momentum into next week.
Bloom Energy (NYSE: BE) shares jumped on Friday and were last up about 13.6% at $98.69 in after-hours trading. The stock traded between $88.84 and $100.35 after opening at $90.00, with about 11.6 million shares changing hands.
The move lands as U.S. stocks begin 2026 with a firm tone, even as investors keep one eye on interest rates. The S&P 500 ended up 0.19% while the Dow rose 0.66% and the Nasdaq was little changed.
For Bloom, the rally keeps attention on the “bring-your-own-power” trade tied to data centers. The company sells solid oxide fuel cells — equipment that produces electricity through an electrochemical reaction rather than combustion — and its CEO K.R. Sridhar has called AI data-center demand a “once-in-a-generation opportunity,” according to Utility Dive. Utility Dive
Friday’s bid was broad across the fuel-cell complex. FuelCell Energy rose about 11.7%, Plug Power gained roughly 12.6%, and Ballard Power was up about 5.5%.
Investors have also been weighing Bloom’s funding options after the company disclosed it had entered a $600 million senior secured revolving credit facility with Wells Fargo and other lenders. A revolving credit facility is a bank line a company can draw down and repay, rather than a one-time loan.
Bloom’s shares are still below the record $108.17 touched in October after Brookfield Asset Management said it would invest up to $5 billion in Bloom’s fuel-cell technology for data centers.
The $100 mark is now the immediate battleground on traders’ screens, after the stock briefly cleared it during Friday’s session. A decisive move through that level would put the October high back in play.
If the rally fades, traders will likely watch the prior close at $86.90 and the $90 area where the stock opened Friday as near-term reference points. Those levels often act as support zones when momentum names cool.
Beyond the tape, investors are looking for hard evidence that data-center demand is translating into repeatable orders and cleaner execution. Any update on production capacity, backlog and margins is likely to carry outsized weight after Friday’s outsized move.
Macro could matter as well, especially for rate-sensitive growth stocks that can swing on shifts in bond yields. Reuters highlighted the January 9 U.S. jobs report as an early 2026 focal point for expectations around Federal Reserve rate cuts.
In the near term, after-hours trading can amplify price moves on thinner volume, particularly going into a weekend. That leaves Bloom Energy stock set up for another volatile open when regular trading resumes.
