New York, January 27, 2026, 19:34 EST — After-hours
- Bloom Energy shares rose in late trading after a sharp, choppy session.
- Jefferies lifted its price target while keeping an Underperform stance.
- Focus now turns to Feb. 5 results for guidance on capacity and deployments.
Bloom Energy Corp shares rose about 9% in after-hours trading on Tuesday, pushing the fuel-cell maker’s stock to $152.31. The shares swung between $136.28 and $154.30 during the session, with more than 13 million shares traded.
The move lands as investors keep hunting for companies that can help supply power fast, especially to data centers that are running into long waits for grid hookups. Bloom’s pitch is onsite generation that can sit next to the customer, not miles away at a utility plant.
Bloom’s stock is up about 60% so far this year, helped by demand tied to data centers and utilities. The company recently signed a record-large deal with American Electric Power for Bloom-made fuel cells that convert natural gas into electricity, and Clean Street analysts said “behind-the-meter” power — generation located at a customer site — is in the early stages of ramping. Reuters
Jefferies fanned the discussion on Monday when it raised its price target on Bloom Energy to $92 from $53, while keeping an Underperform rating. Analyst Dushyant Ailani lifted his 2026 revenue forecast to $2.9 billion, about 16% above consensus, citing orders tied to AEP and Quanta, but warned that peak valuations leave little room for error.
The split view is hard to miss. The target is higher, but it still sits well below where the shares are now trading, a reminder that the debate has shifted from “is there demand?” to “can Bloom deliver enough of it, fast enough?”
That matters because the whole trade rests on timing. Data center operators and utilities want equipment that can be installed quickly and scaled, and investors have started to treat capacity and deployment schedules like the main scoreboard.
But it cuts both ways. If Bloom’s production ramp slips, or project timelines get pushed, the stock’s run-up can unwind just as quickly as it built.
The next test comes in just over a week. Bloom said it will release fourth-quarter 2025 results on Feb. 5 after market close, with a management call set for 5 p.m. ET; traders will be listening for 2026 guidance, updates on manufacturing capacity and deployments, and any fresh detail on order timing.
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