Bloom Energy shares rebound 8% after election-driven sell-off

Nov 9, 2026 00:19 (15h ago)

Bloom Energy shares rose 8% to $187.18 early in the session as fuel-cell stocks rebounded from a post-election sell-off.
Bloom’s NTT DATA and Google agreements cover 1,602 megawatts, including a 900-megawatt international deployment beginning in 2027.
Data-center policy, Bloom’s $27.1 million third-quarter operating cash outflow and execution requirements remain risks despite strong demand for onsite power.

Bloom Energy shares rose 8% early in the session to $187.18 as fuel-cell stocks recovered from a post-election sell-off, with investors refocusing on the company’s 900-megawatt NTT DATA agreement and broader data-center power demand. Bloom had announced the NTT DATA deal and a separate Google project totaling 1,602 megawatts on November 5, 2026, before its shares fell approximately 16% the next day as investors worried that U.S. policy changes could slow data-center development. NTT DATA’s international deployment is scheduled to begin in 2027 and could expand to gigawatt levels, but Bloom’s negative operating cash flow of $27.1 million in the third quarter of 2026 highlights execution and working-capital risks. Google’s $17 billion Wyoming data-center project includes a 702-megawatt Bloom fuel-cell plant with carbon capture. FuelCell Energy, Plug Power and Ballard Power Systems also moved, while uncertainty over Texas approvals and upcoming Plug Power earnings kept the sector’s outlook mixed.