Bloom Energy (BE) Is Up 29.1% After Securing AEP’s $2.65 Billion Fuel Cell Megadeal - Has The Bull Case Changed?
Bloom Energy's stock surged 29.1% following a $2.65 billion deal with American Electric Power for 900 MW of solid-oxide fuel cells. This contract, backed by a 20-year offtake agreement, positions Bloom as a key player in powering AI-driven data centers. While the deal enhances revenue visibility, it raises concerns about execution risks related to rapid capacity expansion. Analysts project Bloom's revenue could reach $2.7 billion by 2028, but fair value estimates vary significantly, indicating differing investor expectations on growth potential.
Simplywall·