What Bloom Energy (BE)'s Fuel Cell Deal With Oracle Means for Shareholders

• Oracle Corporation recently announced a supply agreement with Bloom Energy to provide fuel cell technology for select Oracle Cloud Infrastructure data centers in the United States.
• This move highlights the increasing importance of on-site fuel cell solutions as data center operators prioritize energy resilience and alternative power sources amid infrastructure constraints.
• We'll explore how Bloom Energy’s expanding footprint in data center power supply could impact its investment case and long-term outlook.

The end of cancer? These 26 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.

Bloom Energy Investment Narrative Recap

For investors to remain optimistic about Bloom Energy’s future, they would likely need to believe that rising data center power needs and grid constraints will drive broad adoption of fuel cell technologies like Bloom’s. The Oracle partnership certainly supports near-term demand catalysts, but it does not fully resolve key risks, such as Bloom’s dependence on natural gas feedstock and exposure to major shifts in renewable energy economics or regulatory pressures.

Among the company’s recent announcements, the July 24, 2025 agreement with Oracle to implement Bloom’s fuel cells at Oracle Cloud Infrastructure data centers stands out. This deal is closely aligned with Bloom’s roadmap of expanding its presence in the hyperscale data center channel, which is viewed as a primary growth engine over the next several years.

However, as adoption accelerates, investors should keep in mind the risk that rapid advances in battery storage or zero-emission renewables...

Read the full narrative on Bloom Energy (it's free!)

Bloom Energy's outlook anticipates $2.7 billion in revenue and $395.4 million in earnings by 2028. This implies a 19.0% annual revenue growth rate and a $371.7 million increase in earnings from the current $23.7 million.

Uncover how Bloom Energy's forecasts yield a $34.57 fair value, a 22% downside to its current price.

Exploring Other Perspectives

Seven fair value estimates from the Simply Wall St Community span from US$15.38 to US$49.68 per share. While opinions differ widely, the reliability of Bloom's future relies heavily on resilient demand from the data center segment and how shifting energy technologies may alter its competitive position.

Explore 7 other fair value estimates on Bloom Energy - why the stock might be worth less than half the current price!

Build Your Own Bloom Energy Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Bloom Energy research is our analysis highlighting 2 key rewards and 4 important warning signs that could impact your investment decision.
• Our free Bloom Energy research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Bloom Energy's overall financial health at a glance.

No Opportunity In Bloom Energy?

Our top stock finds are flying under the radar-for now. Get in early:

• Rare earth metals are the new gold rush. Find out which 27 stocks are leading the charge.
• We've found 19 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.
• Explore 24 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com