NEW YORK, December 30, 2025, 15:25 ET — Regular session
- Bloom Energy shares down 1.7% in afternoon trade after swinging between $90.11 and $86.00.
- Clear Street raised its price target to $58 from $50 and kept a Hold rating, citing data-center capacity assumptions. Benzinga+1
- Investors weighed choppy, holiday-thin U.S. trading after Federal Reserve minutes and a rotation inside tech. Reuters
Bloom Energy Corp shares fell on Tuesday as year-end positioning and a soft tape for growth stocks kept pressure on the fuel-cell maker. The stock was down 1.7% at $86.93 in afternoon trading.
The move matters because trading volumes have stayed light in the holiday-truncated week, which can amplify intraday swings in volatile names. U.S. stocks were subdued in choppy trade, with gains in communication services capped by declines in technology and financials, Reuters reported. Reuters
Analysts are also recalibrating their assumptions for companies tied to data-center power demand, a theme that has pulled in and pushed out capital quickly. On Monday, Clear Street analyst Tim Moore raised his price target on Bloom to $58 from $50 and kept a “Hold” rating, according to Benzinga’s analyst ratings log. Benzinga
Clear Street lifted its revenue estimates for 2026 and 2027 in part on expectations Bloom adds more internal production capacity for products aimed at data centers, but maintained a neutral stance on valuation, a TipRanks summary of TheFly reported. TipRanks
Bloom traded between $90.11 and $86.00 on Tuesday, after opening at $88.84. About 3.8 million shares had changed hands by mid-afternoon.
The broader market tone stayed cautious. “It’s just a healthy rebalancing of allocations more so than an emotionally driven sell-off,” said Mark Hackett, chief market strategist at Nationwide, in a Reuters report on Tuesday’s session. Reuters
Peers in fuel cells and hydrogen were mixed. Plug Power fell 1.8%, FuelCell Energy slid 2.8%, and Ballard Power Systems was little changed.
Bloom makes solid oxide fuel-cell systems for on-site power generation and also sells electrolyzers used to produce hydrogen, Reuters’ company profile shows. Reuters
Investors have also tracked balance-sheet developments after Bloom disclosed a new $600 million senior secured multicurrency revolving credit facility — a bank line that can be drawn and repaid — in a Dec. 23 SEC filing. The facility, led by Wells Fargo, matures in December 2030 and can be used for working capital, capital spending, permitted acquisitions and other general corporate purposes, the filing said. SEC
The filing said borrowing costs are tied to Term SOFR — a short-term interest-rate benchmark based on the secured overnight financing rate — plus a margin that varies with leverage, and the agreement includes leverage and interest-coverage covenants. Credit lines can bolster liquidity, but they can also constrain flexibility if results weaken and covenant headroom narrows. SEC
With no fresh company announcement on Tuesday, investors focused on how quickly Bloom can translate data-center interest into repeat orders while protecting margins as it scales production. Clear Street said it continues to like Bloom’s position in on-site power generation for data centers but kept its rating unchanged due to valuation. TipRanks
Bloom’s shares were hovering near the session low around $86 in mid-afternoon trading, after topping $90 earlier in the day. Traders will watch whether the stock can stabilize as holiday liquidity fades and as markets turn to early-2026 catalysts, including the next Federal Reserve meeting scheduled for Jan. 27-28. Reuters
