Bloom Energy Stock Rises 5% as 328 MW Nebius Deal Tests a 17-Times-Sales Valuation
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Nebius Group's New Jersey Data Center Deal Sends Bloom Energy (NYSE: BE) Stock Surging 12%
Bloom Energy Corporation (NYSE: BE) received a significant market boost after Nebius Group announced its 300-megawatt New Jersey AI data center project would rely on Bloom’s fuel-cell technology for power. Shares of Bloom Energy jumped roughly 12.3% following the announcement, which emerged during Nebius Group N.V.’s (NASDAQ: NBIS) second-quarter 2026 earnings call on August 13. Nebius, backed by Nvidia, selected Bloom’s fuel cells to provide be…
Bloom Energy Stock Rises 5% as 328 MW Nebius Deal Tests a 17-Times-Sales Valuation
SAN JOSE, California, August 17, 2026, 07:32 PDT — U.S. cash markets are open. Bloom Energy rose 5.1% to $241.72 at 10:29 EDT.The Nebius agreement covers 328 MW and up to $2.6 billion in fees.Bloom trades near 16.7 times its 2026 sales-guidance midpoint. Bloom Energy Corporation (NYSE:BE) shares climbed 5.1% on Monday as investors revisited…
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