Bloom Energy Outpaces Its Industry in a Month: Time to Buy the Stock?

Bloom Energy (BE) rallied 20% over the past month, driven by surging AI data-center power demand and a major expansion of its Brookfield partnership. The clean-energy company increased the deal size to a range of $5 billion to $25 billion to supply AI power infrastructure.

Management raised 2026 revenue guidance to $3.9 billion to $4.2 billion with expected gross margins of 34%. The stock now trades at 12.94 times forward price-to-sales, a significant premium to the industry average of 4.89 times. Despite the elevated valuation, Zacks Investment Research assigned BE a Strong Buy rating, citing strong earnings performance and superior return on equity.

The AI infrastructure buildout continues to fuel demand for reliable power solutions, positioning BE to capture a growing share of data-center spending. The expanded Brookfield partnership signals confidence in the company's technology and market opportunity, though investors are paying up for that growth prospect.