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Bloom Energy Stock Rises as RBC Reaffirms Outperform on Texas Data Center Project

DATA AND AI INFRASTRUCTUREFUEL CELL

Bloom Energy Corp. shares rose after RBC Capital reaffirmed its Outperform rating and $143 price target, following a permit request for a 1.5 GW data center in Navarro County, Texas, which will utilize Bloom's fuel cells. The stock currently trades at $151, reflecting a 525% return over the past year, while construction on the project is set to begin in August 2026. Bloom is also expected to report quarterly results on February 5, with anticipated revenue growth.

Bloom Energy Stock Rises as RBC Reaffirms Outperform on Texas Data Center Project
Jan 21, 2026, 3:32 PM

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