Bloom Energy stock jumps 14% today as fuel-cell rally lifts BE above $98 — what traders watch next

Bloom Energy stock jumps 14% today as fuel-cell rally lifts BE above $98 — what traders watch next

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 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.

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech. Her coverage ranges from stocks and technology to emerging industries and developments across global markets. She studied economics and finance at the London School of Economics and worked in market research before becoming a financial journalist. Follow Khadija Saeed on Google News.

US Stock Market Today Updates

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MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

U.S. index futures reopen at 18:00 ET

This is the clearest scheduled U.S.-market price-discovery point today and can transmit weekend news into equity-index futures before Monday's cash session.

#2

New Zealand retail sales at 18:45 ET

The Q2 retail package can move NZD and regional risk sentiment. Spillover to U.S. assets is usually secondary unless the result is unusually large.

#3

No scheduled domestic U.S. data or corporate reports

The absence of U.S. releases, earnings, IPO pricings and split events leaves fewer scheduled catalysts, increasing the relative importance of weekend headlines and positioning at the futures reopen.

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Times and estimates may change. Verify before trading.
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