tech

April 29, 2026

Bloom Energy Shares Rocket Higher by 20%. It May Be the New Meme Stock

Shares of Bloom Energy are up over 100% this month, on the heels of a deal with Oracle and a big earnings beat.

Bloom Energy Shares Rocket Higher by 20%. It May Be the New Meme Stock

TL;DR

  • Bloom Energy shares rose 22% after a first-quarter earnings beat.
  • The company reported better-than-expected earnings, revenue, and adjusted EBITDA for Q1.
  • Bloom Energy increased its full-year earnings and current quarter operating income guidance.
  • A recent deal with Oracle for AI data center capacity has boosted the stock.
  • Shares have surged over 100% in April and more than 200% year-to-date.
  • Analysts see Bloom Energy as a 'KEY Ai WINNER NAME' and part of a popular energy thematic.
  • Some analysts express concerns about the stock's valuation despite its strong performance.

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