Bloom Energy swings as Oracle Project Jupiter delays unsettle fuel-cell stocks

  • Bloom Energy was reported both down 8.45% at $264.31 and later up 11% in separate market snapshots.
  • Oracle’s Project Jupiter natural-gas pipeline was delayed to Feb. 1, 2027, because of permitting setbacks.
  • FuelCell Energy rose 7% and Plug Power also rallied in the later report, while investors monitored Bloom’s securities case.

Bloom Energy and other fuel-cell stocks showed sharply different reported moves as investors reassessed Oracle’s Project Jupiter, broader growth-stock weakness and the sector’s recent rally. One Monday report put Bloom shares down 8.45% at $264.31 after a more than 200% 2026 advance, while a separate later report said Bloom rose 11% after a steep selloff; the differing figures reflect separate market snapshots. Oracle’s New Mexico data-center project is expected to use Bloom’s gas-powered fuel cells, but a required natural-gas pipeline was delayed to Feb. 1, 2027, because of permitting setbacks. Oracle said the project remains on schedule and committed to the development, while Bloom has said its outlook does not depend on one customer or project. Investors are also monitoring a federal securities class action alleging misleading disclosures about Bloom’s reliance on Chinese-sourced scandium oxide; the allegations have not been proven.

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