New York, Jan 23, 2026, 21:08 EST — Market closed
- Shares slipped toward the weekend despite an analyst raising the target price but maintaining a cautious rating
- The upcoming challenge is the Feb. 5 earnings and guidance, closely watched for insights on data-center power demand
- Investors are waiting to see if large utility and AI-related orders will turn into actual sales anytime soon
Shares of Bloom Energy dipped on Friday despite Clear Street raising its price target, maintaining a Hold rating that highlights how much the stock has already climbed ahead of the next earnings call. Analyst Tim Moore at Clear Street now anticipates a bigger sales boost from American Electric Power’s Wyoming order, noting, “We now believe BE could achieve ~500 MW of fuel cells for that site.” StreetInsider.com
Timing is everything. Bloom Energy has turned into a popular play on the rush for power gear as AI and cloud providers gear up for bigger data centers. Investors are eager, pushing valuations on growth that still needs to appear in the numbers. The stock has soared roughly 426% over the last year, per Investing.com data.
U.S. markets are closed for the weekend. Monday’s open will focus on positioning. Traders want clarity on the pace at which big projects shift from plans and permits to actual deliveries, and if more brokers will reconsider their valuation stances.
On Friday, shares fluctuated from $138.02 up to $148.10, with roughly 7.8 million shares traded, market data shows.
Moore raised his price target to $80 from $68 but maintained a Hold rating. A price target reflects where an analyst expects a stock to trade over the next year; meanwhile, a Hold rating usually means the broker doesn’t see much upside from current prices.
Moore also noted in the same report that Clear Street upped its 2026 sales forecast by 2% and bumped the 2027 sales estimate by 4%, reflecting a revised outlook on the AEP-related contribution, StreetInsider reports.
He also flagged Texas as a key swing factor, highlighting quicker construction timelines for hyperscale data centers—massive sites operated by leading cloud and AI firms. Moore noted that Clear Street projects 20% of new AI hyperscale projects by 2030 could scale up to 1-gigawatt campuses, with about 3,000 Bloom “server cabinets” required for a single 1-GW facility.
Bloom’s move coincided with continued volatility in the fuel-cell sector. Plug Power dropped 3.7% on Friday, whereas FuelCell Energy climbed 2.1%.
Bloom Energy is set to release its fourth-quarter 2025 results after the market closes on Feb. 5, followed by a conference call at 5 p.m. ET.
The risk is obvious if the numbers don’t line up with the narrative. If orders decline, large-site buildouts stall, or margins fall short of what’s priced in, the shares could drop sharply.
Right now, all eyes are on the Feb. 5 report — and any updates that could shift expectations for how many megawatts Bloom will deliver to data-center and utility projects this year.
