FuelCell Energy Surges 18%, Plug Power Climbs 13%, Bloom Energy Rallies 12% as Fuel Cell Stocks Ignite Quick Read – FuelCell Energy (FCEL) shares surged in midday trading while Plug Power (PLUG) stock and Bloom Energy (BE) stock also climbed rapidly as investors rotated into…
ean baseload power names. – Hyperscaler power demand has outpaced grid capacity, with interconnection queues stretching 5 to 7 years, forcing AI data centers to pursue on-site generation that fuel cell providers can supply behind the meter. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Bloom Energy wasn’t one of them. Get them here FREE
Shares of FuelCell Energy (NASDAQ:FCEL) are up 18% in midday trading on Monday, leading a broad rally across the fuel cell complex. Plug Power (NASDAQ:PLUG) stock is climbing 13%, while Bloom Energy (NYSE:BE) is rallying 12% as investors rotate aggressively into clean baseload power names. FCEL stock is trading at around $16.41 after closing Friday at $13.70.
Plug Power shares sit near $3.56, and Bloom Energy is changing hands at roughly $293, just shy of its 52-week high of $302.99. The rally caps an extraordinary stretch for the sector. Through May 8, Bloom Energy stock was up 200% year to date (YTD) and an eye-popping 1,414% over one year, with FuelCell Energy up 87% YTD and Plug Power up 58% YTD.