• Bloom Energy is trading at $332.26, up 9.9% in after-hours trading, following significant company-specific news.
  • The rally is driven by comments from Bloom Energy's CEO that the company does not expect to raise equity despite surging AI data center demand and a new Oracle deal for up to 2.8 GW of power.
  • Additionally, UBS reiterated a Buy rating and raised its price target to $322, while Barclays also increased its target, citing a more favorable backdrop for BE's fuel cells.