BE — Bloom Energy

Bloom Energy: what they do, key numbers, and conditions we are monitoring.

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BE — Bloom Energy

Fuel Cells for Data Center Power   • Monitoring

What They Do

Bloom Energy manufactures solid oxide fuel cells for behind-the-meter power generation. The company is a direct counterparty in the AI data center power chain — Oracle issued stock warrants to Bloom for up to 2.8 GW of fuel cell capacity at Stargate data centers.

Key Numbers
Market Cap~$8B
Oracle PartnershipUp to 2.8 GW fuel cell capacity
Oracle Warrant3.5M shares at $113.28 (expires Oct 2026)
Power TypeBehind-the-meter (bypasses grid delays)
Next EarningsMay 2026 (est.)
What We’re Watching
  • Hyperscaler deployment announcements beyond Oracle
  • Whether behind-the-meter power becomes standard for AI data centers
  • Oracle warrant exercise and relationship expansion

Sources: Bloom Energy 10-K and 10-Q filings (SEC EDGAR) | Yahoo Finance (BE)

Last Updated: April 17, 2026

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