Bloom Energy Stock Price, News & Analysis

Bloom Energy Corporation (NYSE: BE) is a manufacturing company that focuses on power solutions through fuel cell technology. Classified under motor and generator manufacturing, Bloom Energy designs and delivers systems for onsite electricity generation that are used by large commercial and industrial customers.

According to the company’s public statements, Bloom Energy “empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs.” Its fuel cell system is described as providing ultra-resilient, highly scalable onsite electricity generation for Fortune 500 companies around the world. The company highlights use cases that include data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors. Bloom Energy states that it has deployed 1.5 GW of low‑carbon power across more than 1,200 installations globally.

Business focus and technology

Bloom Energy’s core business is centered on fuel cell power systems used for onsite power. In its news releases, the company refers to these systems as fuel cell technology that delivers reliable, scalable and clean onsite power. Earlier descriptions also refer to solid‑oxide fuel cell systems for on‑site power generation. These systems are designed for stationary applications and are positioned as an alternative or complement to traditional grid power for customers with significant and continuous electricity needs.

The company’s fuel cell systems are described as suitable for high‑demand digital infrastructure. Bloom Energy notes that its technology powers data centers and supports AI and cloud computing workloads. In collaboration announcements, the company emphasizes the ability of its fuel cells to provide power that can be deployed quickly and scaled to support large AI data centers and other critical facilities.

Customer segments and use cases

Bloom Energy reports that its customer base includes Fortune 500 companies in several sectors. In its public communications, it specifically mentions:

• Data centers and AI data centers
• Semiconductor manufacturing
• Large utilities
• Other commercial and industrial sectors

The company also states that its energy solutions power digital infrastructure through agreements with organizations such as American Electric Power (AEP), Equinix, Oracle and Quanta Computing. These relationships illustrate the use of Bloom Energy’s fuel cell systems in environments where continuous, reliable power is central to operations.

Role in AI and digital infrastructure

Bloom Energy highlights its role in supporting artificial intelligence infrastructure. In a strategic partnership announcement with Brookfield, Bloom Energy is described as a global leader in power solutions, with fuel cells that deliver reliable, scalable and clean onsite power that can be rapidly deployed without reliance on legacy grids. The partnership is framed as part of a joint vision to build AI factories capable of meeting growing compute and power demands.

Bloom Energy also announced a collaboration with Oracle to deploy its fuel cell technology at select Oracle Cloud Infrastructure data centers in the United States. The company states that it will deliver onsite power for an entire data center within a defined timeframe to support AI and cloud computing services. These communications position Bloom Energy’s technology as aligned with the power requirements of large‑scale AI workloads and modern data centers.

Geographic footprint and installations

Bloom Energy describes itself as headquartered in Silicon Valley. It reports that it has deployed 1.5 GW of low‑carbon power across more than 1,200 installations globally. The company also notes that its energy solutions have been deployed to power data centers worldwide and that it collaborates on AI factories in multiple regions, including a site in Europe referenced in partnership communications.

Capital structure and financing activities

Bloom Energy’s common stock, Class A with par value $0.0001 per share, is listed on the New York Stock Exchange under the symbol BE. The company has engaged in multiple capital markets and financing activities, as disclosed in its SEC filings and press releases.

In an 8‑K filing dated November 4, 2025, Bloom Energy reported the issuance of 0% Convertible Senior Notes due 2030, governed by an indenture with a trustee. The notes are described as senior, unsecured obligations of the company, with defined conversion rights into cash, Class A common stock, or a combination, at the company’s election. The filing details the conversion rate, conversion price, conditions for conversion, redemption terms, and events of default, as well as the relationship of these notes to other indebtedness.

In a related Business Wire release, Bloom Energy announced the pricing of a convertible senior notes offering due 2030. The company described the notes as senior, unsecured obligations that do not bear regular interest and do not accrete in principal. The press release also outlined the maturity date, conversion mechanics, redemption conditions, and the company’s intended use of proceeds, including exchange transactions involving its outstanding 3.00% Green Convertible Senior Notes due 2028 and 2029.

In a separate 8‑K dated December 19, 2025, Bloom Energy disclosed entry into a Credit Agreement with Wells Fargo Bank, National Association, as administrative agent and collateral agent, and other financial institutions as lenders. The agreement provides for a senior secured multicurrency revolving credit facility with a stated maximum principal amount. The filing describes the facility’s availability in multiple currencies, permitted uses of proceeds such as working capital, capital expenditures, permitted acquisitions and other general corporate purposes, and the scheduled maturity date.

The same filing specifies interest rate options based on Term SOFR or an adjusted base rate, with applicable margins tied to the company’s Total Leverage Ratio. It also describes a commitment fee on undrawn amounts, customary letter of credit fees, collateral securing the obligations, and financial covenants related to leverage and interest coverage ratios. The Credit Agreement includes restrictive covenants that limit, among other actions, additional debt incurrence, dividend payments, certain investments, prepayments of specified indebtedness, creation of liens, affiliate transactions and mergers or consolidations.

Strategic partnerships and corporate development

Bloom Energy’s public communications describe several strategic relationships. The company announced a strategic partnership with Brookfield to implement a vision for AI infrastructure through AI factories that integrate compute, power, data center architecture and capital. Under this partnership, Brookfield is expected to invest in deploying Bloom Energy’s fuel cell technology as part of AI factory projects.

Bloom Energy also reported a collaboration with Oracle to power Oracle Cloud Infrastructure data centers using its fuel cell systems. In connection with this partnership, an 8‑K dated October 28, 2025 describes an agreement to issue a warrant to Oracle to purchase shares of Bloom Energy’s Class A common stock, subject to negotiation of definitive warrant terms. The filing outlines the proposed exercise price, expiration period, anti‑dilution adjustments, transfer restrictions, and the absence of stockholder rights prior to exercise.

In addition, Bloom Energy has announced leadership and governance developments. For example, the company reported the appointment of a new board member with extensive technology and industrial sector experience, and the hiring of an executive to lead business and corporate development, focusing on strategic partnerships and corporate initiatives in the energy sector.

Revenue composition and reporting

Bloom Energy’s financial results releases provide insight into how it categorizes revenue. In its quarterly announcements, the company discloses revenue from product, installation, service and electricity. It also reports product and service revenue as a combined figure in some summaries. The company presents both GAAP and non‑GAAP measures, including gross margin, operating income or loss, and EBITDA, and it provides reconciliations of non‑GAAP measures to the most directly comparable GAAP measures in its press releases.

Bloom Energy’s communications emphasize that non‑GAAP financial measures are supplemental to GAAP measures and discuss limitations of non‑GAAP metrics. The company references factors such as stock‑based compensation expense as reconciling items that can cause differences between GAAP and non‑GAAP results.

Regulatory reporting and governance

Bloom Energy files reports with the U.S. Securities and Exchange Commission under Commission File Number 001‑38598. Its SEC filings include current reports on Form 8‑K that describe material definitive agreements, financial results, governance changes, and other significant events. The company identifies itself as a Delaware corporation and indicates that its Class A common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the New York Stock Exchange.

In its filings, Bloom Energy notes whether it qualifies as an emerging growth company and whether it has elected certain transition provisions related to new or revised financial accounting standards. The company also discloses standard information about board actions, committee assignments and compensation arrangements for directors, as well as the use of indemnification agreements.

Position within the energy and manufacturing sector

Bloom Energy operates at the intersection of manufacturing and energy technology. It is classified in motor and generator manufacturing and describes itself as a global leader in power solutions. Its focus on fuel cell systems for onsite electricity generation places it within the broader context of distributed power and low‑carbon energy options for large enterprises.

By emphasizing low‑carbon power, onsite generation and applications in data centers, semiconductor facilities, utilities and industrial sites, Bloom Energy positions its technology as aligned with trends in digital infrastructure and energy reliability. Its partnerships and financing activities, as described in news releases and SEC filings, indicate an emphasis on scaling deployments and supporting power needs associated with AI and other compute‑intensive workloads.