Bloom Energy Stock Is Up 153% This Year. Can the Rally Continue?

Bloom Energy (BE) has surged 153% in 2026, fueled by its position as a power provider for AI data centers. The company's fuel cell systems deploy in under two months, a critical advantage as data center electricity consumption is projected to grow 26% by 2026 and the U.S. faces a potential 100GW power grid deficit by 2030.

Recent earnings crushed expectations, with revenue hitting $1.07 billion against a consensus estimate of $827 million. Management raised its 2026 revenue outlook to $3.9-4.2 billion, signaling confidence in sustained demand from the AI infrastructure buildout.

The stock carries a beta of 3.8, making it one of the more volatile plays in the energy infrastructure space. This high sensitivity to market moves reflects both the growth potential and the execution risk embedded in Bloom's rapid-deployment model.