Joshi Aman sold $972K of BE

Bloom Energy (BE) secured $25B in financing for data center power projects, targeting AI-driven demand. Plug Power (PLUG) focuses on existing hydrogen businesses. Bloom's fuel cells are approved by major U.S. hyperscalers and neoclouds, with analysts seeing 35% upside. Plug has a 'Hold' rating, prioritizing forklifts and hydrogen production.

Bloom Energy's shares fell 3.5% on Friday after a two-day 8% surge. The company announced a new fuel cell architecture, which it claims will reduce AI data center capital spending by $3.6B. BMO Capital noted a $6.4B financing deal for data centers sponsored by Meta and others, indicating diversification in Bloom's partnership with Brookfield.

FuelCell Energy (FCEL) shares rose 14.26% to $17.71 after the U.S. House passed the Ratepayer Protection Act, which may boost demand for clean energy. Analysts are divided on FCEL's prospects, with some seeing growth potential and others citing execution risks. The stock has a Moderate Buy consensus with an average price target of $22.67.

Anthropic, an AI lab, plans a $100 billion IPO with a $2 trillion valuation. The capital raise could boost power providers like Vistra (VST), Bloom Energy (BE), and Oklo (OKLO), which are involved in the AI supply chain. Vistra has long-term deals with Amazon and Meta, Bloom Energy saw 166% revenue growth, and Oklo awaits NRC approval for nuclear reactors.

Bloom Energy reported $1B in Q2 2026 revenue, up 166% YoY, and raised full-year guidance to $3.9B-$4.2B. Analysts remain bullish, with Mizuho upgrading to 'Outperform' despite a lowered price target. The company faces high expectations for H2 2026 and customer concentration risks.

Bloom Energy (BE) shares rebounded after a 10% drop due to Crusoe pausing a Wyoming data center project. Morgan Stanley maintains an 'Overweight' rating and $310 price target, citing contractual protections. BE stock is up 137.34% YTD. RBC also reiterated an 'Outperform' rating and $335 target.