# Bloom Energy Stock Rises as Oracle Reaffirms Power Role for AI Data Center

- URL: https://stocks.freetheai.org/news/bloom-energy-stock-rises-as-oracle-reaffirms-power-role-for-ai-data-center-5e3045
- Published: 2026-10-14T01:58:51Z
- Category: company_news; sentiment: bullish; impact: medium
- Symbols: [NYSE:BE](https://stocks.freetheai.org/symbols/NYSE-BE)
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Shares of Bloom Energy Corporation (BE) rose over 1% in overnight trading after Oracle Corporation (ORCL) confirmed that the fuel cell provider remains the primary electricity source for its Project Jupiter artificial intelligence data center campus in Doña Ana County, New Mexico. Oracle's newly proposed energy service agreement with El Paso Electric, which includes up to $55 million per year in electricity bill credits for local customers, will not affect Bloom Energy's role in powering the facility.

The confirmation reinforces Bloom Energy's commercial momentum as its fuel cells are expected to deliver up to 2.45 gigawatts of power capacity for the site. Wall Street firm Roth Capital raised its price target on Bloom Energy to $260 from $225 while keeping a Neutral rating, citing strong market acceptance alongside concerns over stock valuation and limited company transparency ahead of third-quarter results.

Investors will turn their attention to Bloom Energy's third-quarter earnings report, scheduled for release on October 22 after market hours. With the stock up roughly 203% year-to-date, market participants will be watching for updates on order growth and operational capacity.

## Key points

- Oracle Corporation reaffirmed Bloom Energy Corporation as the primary power provider for its Project Jupiter AI data center in New Mexico.
- Roth Capital raised its price target on Bloom Energy to $260 from $225 while keeping a Neutral rating on the stock.
- Bloom Energy's fuel cells are slated to supply up to 2.45 gigawatts of installed power capacity for Oracle's data center campus.
- Bloom Energy is scheduled to report its third-quarter financial results on October 22 after the market closes.

## Questions and answers

### Why did Bloom Energy stock rise overnight?

Bloom Energy stock gained after Oracle reaffirmed the company as the primary electricity source for its Project Jupiter AI data center campus in New Mexico.

### What is Bloom Energy's role in Oracle's Project Jupiter?

Bloom Energy is supplying fuel cells expected to provide up to 2.45 gigawatts of power capacity for Oracle's AI data center campus in New Mexico.

### When will Bloom Energy report its Q3 earnings?

Bloom Energy is scheduled to release its third-quarter financial results on October 22 after the market closes.