Bloom Energy(US:BE) The Motley Fool·2026-02-17 02:23Core Viewpoint - Bloom Energy's stock has surged nearly 300% in a year, driven by momentum in AI and data center demand, with a market cap approaching $40 billion [1] Group 1: Market Performance - Bloom Energy's stock has increased 465% since last Valentine's Day, with a current price of $139.57 and a market cap of $33 billion [1][2] - The stock has shown volatility, with a forward P/E ratio exceeding 100 and a high beta of 3.12 as of February 13 [8] Group 2: Industry Context - The U.S. power grid is facing a potential deficit of over 100 gigawatts in the next five years, highlighting Bloom Energy's competitive advantage in providing on-site power generation solutions [3] - Energy demands are experiencing unprecedented growth, and the aging U.S. power grid is unable to keep pace, creating opportunities for Bloom Energy [2] Group 3: Company Developments - Bloom Energy specializes in solid oxide fuel cell technology and has established partnerships with Brookfield Asset Management and Oracle to support AI infrastructure [5] - The company expects to increase its capacity from 1 GW to 2 GW by the end of 2026, indicating strong growth momentum [5] - Bloom has achieved four consecutive quarters of record revenue and has become profitable, with a revenue guidance exceeding $3 billion for 2026 and a backlog of $20 billion [7] Group 4: Market Opportunities - Data center developers are seeking alternatives to total reliance on the grid, positioning Bloom Energy to meet off-grid electricity needs [4] - The power requirements associated with AI are expected to continue growing, suggesting that Bloom Energy's market share will expand as AI companies invest in energy solutions [9]