NEW YORK, January 7, 2026, 13:10 EST — Regular session
Bloom Energy (BE) shares rose 7.5% to $110.82 in afternoon trading on Wednesday, after touching $112.38 earlier in the session. The stock traded between $103.75 and $112.38 on volume of about 10.2 million shares.
The move keeps focus on Bloom, which sells solid-oxide fuel cells that generate electricity without combustion and can be deployed as on-site microgrids when grid power is scarce. “Leaders in the AI industry … do not enjoy the luxury of being able to wait for traditional grid infrastructure,” Bloom’s chief commercial officer Aman Joshi said in a statement. Wood Mackenzie analyst Elham Akhavan said microgrid providers are offering “a 24/7 solution … to address utility constraints.” microgridknowledge.com
In a Dec. 23 regulatory filing, Bloom said it entered a $600 million senior secured, multicurrency revolving credit facility with Wells Fargo and other lenders. The credit line, which matures in 2030, can be used for working capital, capital expenditures and permitted acquisitions; borrowings carry floating rates tied to Term SOFR, a benchmark interest rate used in corporate lending. SEC
The stock opened at $107.65 after closing Tuesday at $103.05, and is up about 355% over the past 12 months, Barron’s market data showed. Analysts tracked by MarketBeat carry an average rating of “Hold” and a mean target of $93.77, below Wednesday’s trade. Barron’s+1
Other fuel-cell names were lower: Plug Power fell 4.8%, FuelCell Energy slid 6.3% and Ballard Power dipped 3.2%.
Bloom’s run has come with wide swings; Investing.com lists a 52-week range of $15.15 to $147.86. Any pause in big-ticket customer commitments, or a tougher financing backdrop, could bring sellers back quickly. Investing.com
Investors now wait for the next read on orders and cash use when Bloom reports results; Nasdaq pegs the next earnings date at February 26. Traders will look for detail on backlog, margins and how much of the new credit line the company taps. nasdaq.com
