New York, February 13, 2026, 14:28 EST — Regular session
- Bloom Energy shares rose about 1.9% in afternoon trade, after a 10.6% drop on Thursday.
- Investors parsed softer U.S. inflation data that kept rate-cut expectations in play, even as markets stayed choppy.
- The stock heads into a holiday-shortened week with Fed minutes due Feb. 18.
Bloom Energy Corporation shares rose 1.9% to $141.61 on Friday afternoon, steadying after a sharp fall in the prior session. The stock has swung between $131.05 and $144.54 on the day.
The fuel-cell maker has become a high-beta way to play the scramble for reliable power tied to AI-heavy data centers and electrification. That makes the stock sensitive to rate expectations and shifts in risk appetite, even when the company has no fresh headlines.
Thursday was a reminder. Bloom ended down 10.6% at $139.03, with more than 13 million shares traded, according to the company’s investor relations site. (Bloom Energy)
The slide came in a broad selloff on Wall Street, with technology shares leading declines as investors waited on U.S. inflation data. (Reuters)
On Friday, U.S. stocks rose in volatile trading after the inflation report, but renewed worries about AI-driven disruption kept pressure on tech and capped gains, Reuters reported. Traders also nudged up the implied odds of a June rate cut in Fed funds futures. (Reuters)
The consumer price index rose 0.2% in January and was up 2.4% from a year earlier, below the 2.5% estimate in a Reuters poll. “The inflation report is better than expected,” said Phil Orlando, chief market strategist at Federated Hermes. (Reuters)
Bloom, which sells fuel-cell systems that generate electricity on site without burning fuel, last week forecast 2026 revenue of $3.1 billion to $3.3 billion. It projected non-GAAP earnings per share — a metric that excludes certain items — of $1.33 to $1.48. “Bring-your-own-power has shifted from a slogan to a business necessity,” founder and Chief Executive KR Sridhar said on Feb. 5. (Bloom Energy)
Investors have also pointed to large utility-linked orders as support for longer-term demand. In January, American Electric Power said its unit exercised an option to buy an additional 900 megawatts of Bloom’s solid oxide fuel cells — a device that makes electricity through a chemical reaction — in a deal worth about $2.65 billion. AEP said the units would feed a fuel-cell generation facility near Cheyenne, Wyoming, backed by a 20-year offtake contract, or agreement to buy the plant’s output, with an unnamed customer. (Reuters)
Fuel-cell peers also rose on Friday: FuelCell Energy gained about 4.3% and Plug Power added 5.2%.
But the swings cut both ways. Bloom’s valuation and momentum leave little margin for disappointment, and any renewed rise in Treasury yields or slower conversion of backlog into revenue could hit the shares hard.
What comes next is mostly macro. U.S. markets are closed on Monday for Washington’s Birthday, leaving a compressed week with the Federal Reserve’s minutes from its January meeting due on Feb. 18, while investors also look ahead to the Producer Price Index release for January on Feb. 27. (Nyse)
