New York, January 16, 2026, 18:14 EST — Trading after hours.
- Shares of Bloom Energy jumped 7.4%, closing at $149.50, then ticked up an additional 0.6% in after-hours trading.
- The stock has climbed roughly 51% year-to-date and gained about 12% in the last two sessions alone.
- Investors are focused on U.S. grid-reliability policies affecting data centers, alongside upcoming earnings reports due later in February.
Bloom Energy shares jumped 7.4% to close at $149.50 on Friday, hitting an intraday peak of $150.84—a fresh 52-week high. The stock edged up another 0.6% to $150.40 in after-hours trading. (Investing)
The rally comes as Washington and grid operators zero in on supply challenges driven by large data centers. On Friday, the White House called on PJM Interconnection to hold an emergency procurement auction to prevent blackouts. PJM responded with a plan that would require big data centers to “bring your own generation” or face curtailments during peak demand periods. (Reuters)
This is crucial for Bloom, which markets fuel-cell systems for on-site power generation—a solution to boost capacity without the delays tied to new transmission lines or lengthy interconnection queues. The company also offers electrolyzers for hydrogen production. (Reuters)
The move wasn’t an outlier. FuelCell Energy jumped roughly 7.9% on Friday, Plug Power climbed about 4.6%, and Ballard Power Systems added around 3.7%. Traders appeared to be backing fuel-cell and hydrogen-related stocks once more.
Bloom has surged in early 2026, with shares climbing roughly 51% since January 2. The rally was fueled by consecutive jumps of 4.3% on Thursday followed by 7.4% on Friday. (Investing)
The latest move comes after last week’s announcement: American Electric Power revealed a $2.65 billion agreement involving Bloom’s solid oxide fuel cells for a new power plant near Cheyenne, Wyoming. The deal includes a 20-year offtake contract, contingent on certain conditions being satisfied by Q2 2026, Reuters reported. (Reuters)
Still, the situation is double-edged. The stock is pushing into new highs, leaving little margin for missteps — whether that means delayed data-center construction, slower approvals, or clients opting for alternative power solutions. Any of these could disrupt order timing and sour sentiment.
Policy and economic factors add another layer of uncertainty. Much of the “on-site power” narrative hinges on how utilities, regulators, and major consumers tackle curtailment rules, interconnection delays, and the costs tied to new generation. These dynamics can shift rapidly and rarely follow a straight path.
After two heavy-volume sessions that drew more momentum money into the stock and the wider fuel-cell sector, traders will be keeping an eye on liquidity and whether the surge continues into next week.
Coming up next, the company’s quarterly results are expected late February, according to Nasdaq’s earnings calendar. Investors will focus on updates around bookings, backlog conversion, and any fresh large-customer deployments connected to data centers. (Nasdaq)
