FuelCell Energy secures a 380 MW power agreement with Fit Energy, driving shares up 24%, while Bloom Energy falls 13% on profit-taking.
FuelCell Energy (NASDAQ:FCEL) surged 24% to $24.45 after announcing a 380 MW data center power deal with Fit Energy, a key catalyst in its 4 GW commercial pipeline. The company also plans a $275 million factory expansion, signaling growth in AI-driven power demand.
Bloom Energy (NYSE:BE) dropped 13% to $268.65, reversing a 1,331% annual gain amid profit-taking and competitive rotation. Despite a $6 billion product backlog, its 156x forward earnings ratio leaves it vulnerable to sharp pullbacks.
Both companies are central to the AI power buildout, but sentiment shifted abruptly as capital flowed toward the session’s winner. The divergence highlights volatility in high-beta fuel cell stocks tied to data center demand.