Bloom Energy Stock Surged 285% in 2025 and Is Climbing Even Higher

By Catie Hogan – Feb 16, 2026 at 9:23PM ESTKey PointsBloom Energy's backlog has grown to $20 billion.Bloom Energy specializes in on-site power generation which helps alleviate demand on the U.S. power grid.The energy company signed a $5 billion deal with Brookfield Asset Management in October 2025.These 10 Stocks Could Mint the Next Wave of Millionaires ›NYSE: BEBloom EnergyMarket Cap$33BToday's Changeangle-down(0.39%) $0.55Current Price$139.57Price as of February 13, 2026 at 3:58 PM ETBloom Energy's stock catapulted upward on AI and data center momentum in 2025 and shows no signs of slowing.A stock increasing nearly 300% in a single year is remarkable. Bloom Energy's (BE +0.39%) stock has exploded and the company's market cap is approaching $40 billion. All told, Bloom has risen 465% since last Valentine's Day. What's caused this spectacular rise and can it continue? ExpandNYSE: BEBloom EnergyToday's Change(0.39%) $0.55Current Price$139.57Key Data PointsMarket Cap$33BDay's Range$131.10 - $144.5052wk Range$15.15 - $176.49Volume308KAvg Vol13MGross Margin30.89% Power generation is surging Bloom Energy specializes in solid oxide fuel cell technology for on-site power generation. It's well documented that energy demands are experiencing unprecedented growth. The U.S. power grid, in its current state of aging, isn't going to be able to keep pace. The power grid in the U.S. is already struggling, and according to the U.S. Department of Energy, it could see a deficit of more than 100 gigawatts (GW) in the next five years. This shortage is where Bloom Energy has a serious competitive advantage. Bloom is able to install its systems quickly, whereas it'll take years for grid updates to be complete. It also has a ready-to-deploy product, unlike some competitors, such as Oklo, that are still a bit away from commercialization. Data center developers are realizing that total reliance on the grid isn't feasible, nor is it particularly popular with the American public. Again, Bloom Energy is positioned to help these developers and hyperscalers with off-grid electricity needs. Bloom has momentum In October 2025, Bloom announced a partnership with Brookfield Asset Management to power AI infrastructure. Bloom is also working with Oracle, and in 2024 signed a deal with American Electric Power. The energy company expects to increase capacity from 1 GW to 2 GW by the end of 2026. Bloom's momentum is undeniable. Image source: Getty Images. Record revenue continues Bloom now has four consecutive quarters of record revenue. Bloom is also finally profitable as of its latest earnings report released on Feb. 5. This coming year looks to be more good news for Bloom as its 2026 guidance has revenue exceeding $3 billion. Bloom's backlog is also now $20 billion, increasing by $6 billion in just the fourth quarter of 2025 alone. Is it too late to buy Bloom Energy? It's been an exciting time for Bloom Energy investors, but now the stock is extraordinarily expensive. It's tough to justify buying an energy stock trading with a forward P/E ratio of over 100. The stock is also quite volatile and currently has an extremely high beta of 3.12 as of Feb. 13. Yet, for bullish investors, there's still plenty of room for growth in Bloom Energy. The power needs associated with AI don't look like they'll slow down for quite some time. Power grid updates will be slow in execution, but AI companies are ready to deploy serious capital for the energy they need now. This means Bloom Energy's market share should continue to expand.Read NextFeb 12, 2026 •By Courtney CarlsenBloom Energy Is Up 497% Over the Past Year.

Is It Too Late to Buy?Feb 6, 2026 •By Rich SmithWhy Bloom Energy Stock Popped TodayFeb 6, 2026 •By Marc Guberti3 Monster Energy Stocks to Hold for the Next 10 YearsFeb 5, 2026 •By Scott LevineWhy Bloom Energy Stock Is Skyrocketing in After-Hours TradingFeb 3, 2026 •By Rich SmithWhy Bloom Energy Stock Popped TodayFeb 3, 2026 •By Neha ChamariaWhy Bloom Energy Stock Surged 291% in 2025 And Is Climbing Even HigherAbout the AuthorCatie is a contributing Motley Fool stock market analyst covering technology, consumer goods, transportation, industrials, materials, and energy. She's the founder of the family finances newsletter, Cents of Humor. Catie was formerly the Head of Advice & Coaching at Parthean and an advisor at Element Financial Group. She's the writer and a producer of the hit off-Broadway show, Vape!

The Grease Parody. Catie has a degree in journalism from Emerson College.TMFCatieHoganStocks MentionedBloom EnergyNYSE: BE$139.57 (+0.39%) $+0.55OracleNYSE: ORCL$160.20 (+2.38%) $+3.72American Electric PowerNASDAQ: AEP$129.84 (+2.70%) $+3.41Brookfield Asset ManagementNYSE: BAM$52.65 (+1.29%) $+0.67*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.