Bloom Energy climbs on earnings beat, aims for 2 GW capacity by 2026 as AI power demand surges

[Electricity towers at sunset. Electric power concept]
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Bloom Energy (NYSE:BE [https://seekingalpha.com/symbol/BE]) shares surged in premarket trading on Wednesday as the company surpassed estimates for quarterly results and targets doubling capacity to 2 gigawatts by December 2026 as AI demand accelerates.

CEO K. Sridhar described 2025 as a "seminal year" positioning Bloom (NYSE:BE [https://seekingalpha.com/symbol/BE]) for higher growth and more profitability in 2026, highlighting three major tailwinds: increasing AI power demands, supportive government policy, and rapid product innovation.

Sridhar detailed market penetration, noting that Bloom is "the standard for on-site power in telecom and semiconductor manufacturing" and is now replicating its lighthouse customer strategy in AI, citing deals with Oracle (ORCL [https://seekingalpha.com/symbol/ORCL]), American Electric Power Company (AEP [https://seekingalpha.com/symbol/AEP]), Equinix (EQIX [https://seekingalpha.com/symbol/EQIX]), CoreWeave (CRWV [https://seekingalpha.com/symbol/CRWV]), and Brookfield (BAM [https://seekingalpha.com/symbol/BAM]), among others.

The company's management expects 2025 to be better than previously stated annual guidance, and Sridhar projected continued double-digit product cost reductions and ongoing margin accretion.

Capacity expansion to 2 gigawatts by December 2026 is "all systems go," with no anticipated bottleneck for customers.

When asked about regulatory proposals and technical advantages. Sridhar said expedited FERC review "is just going to accelerate other utilities wanting to do the same thing" and highlighted Bloom’s readiness for next-generation direct DC architectures.

However, the timing of project installations remains a source of guidance uncertainty, as Sridhar noted that customer readiness can shift projects across reporting periods.

Bloom Energy (BE [https://seekingalpha.com/symbol/BE]), up 18% in early trading, has soared 410% year-to-date.

MORE ON BLOOM ENERGY

* Bloom Energy Corporation (BE) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4834362-bloom-energy-corporation-be-q3-2025-earnings-call-transcript]
* Bloom Energy Corporation 2025 Q3 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4834399-bloom-energy-corporation-2025-q3-results-earnings-call-presentation]
* Bloom Energy: Price Correction Not Surprising [https://seekingalpha.com/article/4831833-bloom-energy-price-correction-not-surprising]
* Bloom Energy projects doubling capacity to 2 gigawatts by December 2026 as AI demand accelerates [https://seekingalpha.com/news/4509916-bloom-energy-projects-doubling-capacity-to-2-gigawatts-by-december-2026-as-ai-demand]
* Bloom Energy Q3 2025 Earnings Preview [https://seekingalpha.com/news/4508928-bloom-energy-q3-2025-earnings-preview]