Why There Could Be More to Come After Bloom Energy Stock Soared This Week?

Key PointsGeopolitical events are driving investors to Bloom Energy this week.Oil prices are soaring, and alternative energy sources like Bloom's fuel cells are gaining attention. 10 stocks we like better than Bloom Energy ›It was a wild week in the energy markets. The stock of fuel cell maker Bloom Energy (NYSE: BE) was one big winner. Bloom shares soared 14.3% over the week, while all the major averages ended in the red, according to data from S&P Global Market Intelligence.That continued a surge in the shares, which are up 78% so far this year. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »Image source: Getty Images. Now it's oil pricesBloom stock has been soaring due to energy demand driven by rapidly expanding data center capacity. Bloom offers an alternative to power supplied by the electrical grid, which drains capacity and raises prices. Its on-site fuel cell option provides a solution to a growing problem. Investors, including Brookfield Asset Management, noticed this months ago. Brookfield entered into an agreement to invest up to $5 billion to deploy Bloom's fuel cell technology for data center applications. This week, though, soaring oil prices have investors pouring into Bloom stock. Data centers are just one application for its technology, after all. Bloom has been supplying its local power platform to manufacturing facilities long before data centers made headlines. The company recorded its second consecutive year of positive cash flow from operations in 2025, totaling $113.9 million. With the backing of Brookfield and demand from data centers continuing to grow, Bloom's sales trajectory should continue to accelerate. Should you buy stock in Bloom Energy right now? Before you buy stock in Bloom Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bloom Energy wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $514,000!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,029!* Now, it’s worth noting Stock Advisor’s total average return is 930% — a market-crushing outperformance compared to 187% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of March 14, 2026. Howard Smith has positions in Bloom Energy and has the following options: short March 2026 $60 calls on Bloom Energy. The Motley Fool has positions in and recommends Bloom Energy and Brookfield Asset Management. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.