Bloom Energy (BE) Stock Jumps 13% After Nebius Selects Fuel Cells for AI Data Center

TLDR

• Bloom Energy stock rose 12.7% to $238 on Wednesday, hitting an intraday high of $249.99.
• Nebius named Bloom its behind-the-meter power partner for a 300-megawatt AI data center in Vineland, New Jersey.
• Bloom also expanded its partnership with MiTAC to deploy a fuel-cell microgrid at an AI server manufacturing campus in Fremont, California.
• Q2 revenue hit $1.07 billion, up 165.5% year over year, beating estimates of $826 million. EPS came in at $0.78 vs. $0.39 expected.
• Management raised full-year 2026 revenue guidance to $3.9 billion to $4.2 billion, up from the prior range of $3.4 billion to $3.8 billion.

Bloom Energy stock climbed 12.7% to $238 on Wednesday, with an intraday high of $249.99, after AI infrastructure company Nebius named it as the power partner for a major data center project. Volume came in at over 15 million, roughly 21% above average.

Bloom Energy Corporation, BE

Nebius said it would use Bloom’s fuel-cell technology to power its planned 300-megawatt AI data center in Vineland, New Jersey. The project has faced some local pushback over permits and environmental concerns, but Nebius said Bloom’s low-emission, on-site power system helps address those issues.

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