AI's Power Thirst Propels Bloom Energy's Earnings Surge

Shares of Bloom Energy Corp (NYSE: BE) surged 18.1% to $138.82 in premarket trading on October 28, 2025, after the fuel cell manufacturer reported third-quarter results that far exceeded expectations, according to a Blockonomi report. The company posted adjusted earnings of $0.15 per share and revenue of $519 million, surpassing Wall Street forecasts of $0.10 per share and $428.1 million, respectively, as reported by Benzinga. This marks the fourth consecutive quarter Bloom Energy has outperformed revenue estimates, driven by surging demand for its on-site power solutions in AI data centers, as noted by GuruFocus.

The earnings report highlighted a 57.1% year-over-year revenue increase, with installation revenue more than doubling as artificial intelligence infrastructure creates unprecedented power demands. AI data centers, which require reliable and scalable electricity, are straining traditional grid capacity, creating a critical need for alternative energy solutions like Bloom's solid-oxide fuel cells. The U.S. Energy Information Administration has projected record power consumption in 2025 and 2026, further underscoring the urgency.

Bloom Energy's gross margin expanded to 29.2% in the third quarter, up from 23.8% in the prior year period. CFO Maciej Kurzymski stated the company expects fiscal 2025 to exceed previously issued guidance and positioned for even stronger growth in 2026. CEO KR Sridhar emphasized the "once-in-a-generation opportunity" to redefine power generation, citing AI demand, government policy, and innovation as key drivers.

A major catalyst for the stock's rally was a $5 billion investment from Brookfield Asset Management on October 13, which alone had previously sent shares up 26.5%. That development was covered by Yahoo Finance, and the stock's rally was also noted by TS2 Tech. Brookfield's commitment to deploying Bloom's fuel cell technology for data centers aligns with the company's strategic pivot toward AI infrastructure. Sridhar noted that Bloom's systems can deliver power in 90 days-compared to 5–7 years for traditional grid expansions-and already support major partners including Oracle, American Electric Power, and Equinix.

The company reaffirmed plans to double manufacturing capacity to 2 gigawatts by December 2026, a move it believes could quadruple revenue in 2026. Despite reporting a $23 million net loss for the quarter, Bloom's cash reserves grew to $595 million, and its non-GAAP operating margin turned positive at 1.5%, as Mercom India reported. Analysts have responded favorably, with UBS and RBC raising price targets to $115 and $123, respectively.

Bloom Energy (BE) Stock Jumps 18% on Q3 Earnings Beat and AI Power Growth https://blockonomi.com/bloom-energy-be-stock-jumps-18-on-q3-earnings-beat-and-ai-power-growth/

Bloom Energy Q3 Earnings: Revenue Beat, EPS Beat, Shares Move Higher https://www.benzinga.com/markets/earnings/25/10/48479731/bloom-energy-q3-earnings-revenue-beat-eps-beat-shares-move-higher

Bloom Energy (BE) Surpasses Revenue Expectations with Strong Q3 Performance https://www.gurufocus.com/news/3165863/bloom-energy-be-surpasses-revenue-expectations-with-strong-q3-performance

Bloom Energy Beats Analyst Estimates Despite $23 Million Q3 Loss https://www.mercomindia.com/bloom-energy-beats-analyst-estimates-despite-23-million-q3-loss

Bloom Energy (NYSE:BE) Beats Expectations in Strong Q3 https://finance.yahoo.com/news/bloom-energy-nyse-just-jumped-003821868.html

Bloom Energy (BE) Stock Skyrockets on AI Mega-Deal & Earnings Blowout, Near 400% YTD Surge https://ts2.tech/en/bloom-energy-be-stock-skyrockets-on-ai-mega-deal-earnings-blowout-near-400-ytd-surge/