Bloom Energy Is Up 497% Over the Past Year. Is It Too Late to Buy?

Bloom Energy Is Up 497% Over the Past Year. Is It Too Late to Buy?

Key PointsBloom Energy's stock has surged thanks to strong demand as technology companies spend heavily on data centers.Last year, Bloom entered into a $5 billion partnership with Brookfield Asset Management to provide energy for its infrastructure portfolio.Bloom saw its product backlog grow by $6 billion in the fourth quarter, bringing the total to $20 billion. 10 stocks we like better than Bloom Energy › Over the past year, Bloom Energy (NYSE…

Bloom Energy stock price drops 9% as Wall Street questions AI payback ahead of CPI

Bloom Energy shares fell 9.2% to $141.21 by 2:05 p.m. ET Thursday, reversing early gains as tech stocks slid ahead of Friday’s U.S. CPI report. Trading topped 10 million shares, with the stock swinging between $160.20 and $136.60. Other fuel-cell makers also declined. Investors weighed Bloom’s $6 billion backlog and 2026 revenue forecast against uncertainty over AI spending and Fed rate expectations. The post Bloom Energy stock price drops 9% as…