Bloom Energy Stock Jumped 7% This Morning – Here’s What Happened

Bloom Energy (BE) shares jumped nearly 7% before the bell on Tuesday after Morgan Stanley raised its price target on the company, citing that Bloom’s new relationship was ramping with Oracle (ORCL), which is undergoing a "massive inflection in demand.”

Morgan Stanley raised its price target on the stock to $85 from $44 and maintained an ‘Overweight’ rating, according to TheFly. Bloom Energy was the fourth most trending ticker on Stocktwits on Tuesday morning, and the stock saw a 420% increase in retail user message count on the platform in the last 24 hours.

Retail sentiment on Bloom Energy improved to ‘extremely bullish’ from ‘bullish’ territory a day ago, with message volumes at ‘high’ levels, according to data from Stocktwits. A bullish user on Stocktwits noted that the company was “getting love” because of AI demand.

Morgan Stanley noted that it views Bloom as "extremely well positioned" as one of the only players able to scale manufacturing and deploy into a tightening market. The firm cited the potential for significant data center-driven order flow as a key factor in supporting the target increase.

It also noted that Bloom Energy was well-positioned for success in powering artificial intelligence data centers following Oracle's surprise upside in bookings.

Last week, Oracle announced that it expects cloud infrastructure revenue to reach $18 billion by the end of fiscal year 2026. It anticipates this to rise to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent fiscal years.

Another user on Stocktwits noted that they were “far from selling any share.”

Shares of Bloom Energy have gained 200% this year and increased by 585% over the last 12 months. 

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