The Latest Breaking News from Bloom Energy Corp

Shares of Bloom Energy Corp (NYSE:BE) are surging Thursday morning after the company announced a collaboration with Oracle Corp (NYSE:ORCL). Bloom will deploy its proprietary fuel cell technology to provide onsite power for select Oracle Cloud Infrastructure data centers across the U.S.

Westinghouse Electric Company and Bloom Energy Corp (NYSE:BE) entered a Letter of Intent to pursue clean hydrogen generation in the commercial nuclear power sector.  The companies collaborate to identify and implement clean hydrogen projects throughout the nuclear industry. The parties will jointly develop an optimized and large-scale high-temperature integrated electrolysis solution for the nuclear…

Raymond James analyst Pavel Molchanov lowered the price target on Bloom Energy Corp (NYSE:BE) to $27 (an upside of 50%) from $34 and maintained a Strong Buy rating on the shares. Bloom's foray into electrolyzers in 2022 offers pre- revenue optionality vis-a-vis green hydrogen, bolstered by aggressive targets in EU climate policy. Related: Why Bloom Energy…

Bloom Energy Corp (NYSE: BE) shares are trading higher by 8% at $16.73 after the company reported better-than-expected fourth-quarter sales results.