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Bloom Energy Stock Rockets
Why Bloom Energy Stock Rocketed 48% on Friday
Bloom Energy ( BE 44.54%) investors are having a terrific Friday, as shares of the renewable energy company surged 47.8% through 10:30 a.m. ET. Last night, Bloom Energy announced a deal to supply up to 1 gigawatt's-worth of fuel cells to electric utility American Electric Power ( AEP 1.95%).
Bloom Energy stock soars on American Electric Power deal
Bloom Energy (BE) stock rallied Friday afternoon after the company announced a new deal with American Electric Power (AEP). Under the agreement, AEP will use Bloom's fuel cell technology to provide power solutions for artificial intelligence data centers.
American Electric Power, Bloom Energy in Agreement for Up to 1 GW of Fuel Cells
American Electric Power said it has an agreement in place to secure up to 1 gigawatt of Bloom Energy solid oxide fuel cells for data centers and other large energy users. AEP is in the process of finalizing the first customer project agreements.
15h
on MSN
Bloom Energy scores 'big win' in fuel cell supply deal for AEP data centers
Bloom Energy (NYSE:BE) +46.6% in early trading Friday after it signed a supply agreement with American Electric Power (AEP) ...
15h
Bloom Energy Shares Surge on AEP Deal for Data Center Fuel Cells
Bloom Energy Corp. shares soared the most ever in intraday trading Friday after American Electric Power Co. said it would use ...
11h
Bloom stock poised for massive gains after AEP deal, analyst says
Bloom Energy announces a sizable deal with American Electric Power Company. Piper Sandler analyst upgraded BE shares to ...
17h
Bloom Energy’s Strategic Agreement with AEP Enhances Market Position and Multi-Year Growth Prospects
Piper Sandler analyst Kashy Harrison upgraded the rating on Bloom Energy (BE – Research Report) to a Buy yesterday, setting a price ...
16h
Why Bloom Energy Could Reach Revenues Of $1.8B Next Year, Says Bullish Analyst
Bloom Energy Corp announces 1 GW fuel cell supply deal with American Electric Power Co, sending stock soaring. Analyst ...
13h
on MSN
Bloom Energy surges 70% on deal to power AI data centers
Shares of Bloom Energy (NYSE:BE) skyrocketed 70% on Friday after the company announced a deal with American Electric Power ...
Business Wire
1d
Bloom Energy Announces Gigawatt Fuel Cell Procurement Agreement with AEP to Power AI Data Centers
Bloom Energy (NYSE:BE), the world leader in stationary fuel cell power generation, announced that it has signed a supply ...
12h
Bloom Energy Hits 52-Week High After AEP Agreement, Analyst Price Target Boosts
Bloom Energy shares hit a 52-week high Friday following Thursday's news of a large fuel cell deployment and favorable reactions from analysts Friday. The stock was recently up 44% to $19.15, with an ...
1d
AEP to Offer Faster Power for Data Centers With Bloom Fuel Cells
American Electric Power Co. will use Bloom Energy Corp. fuel cells to supply data centers, providing a quick solution to add ...
1d
Bloom Energy Secures Major Agreement with AEP, Strengthening Position in Hydrogen Economy and Renewable Energy Transition
Evercore ISI analyst James West reiterated a Buy rating on Bloom Energy (BE – Research Report) today and set a price target of $22.00.
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American Electric Power
Fuel cell
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