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SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE) continued its season-long partnership with ESPN Radio's College Football Campus Tour this week in Oxford, Mississippi, ahead of Saturday's Georgia-Ole Miss matchup. Ahead of the game, Bloom visited Oxford Fire Department Station 1 at 399 McElroy Drive and presented a $10,000 donation to the Firefighter Community Fund, a nonprofit established by members of the Oxford Fire Department to support local families facing food insecurity. The F.

Amid the sharp correction in AI stocks, investors question what to do next.

Fuel cell stocks are clawing back part of their post-election losses, and FuelCell Energy (NASDAQ:FCEL) is leading the bounce. FuelCell stock is at $9.49, up 6% in early trading.

Bloom Energy shares got swept in by tech stocks' sharp selloff Thursday, as investors fretted that the data-center buildout was at risk of stalling in the aftermath of the U.S. midterm elections.

Fuel cell stocks are extending their post-election slide, and a major customer win isn't enough to protect the group's biggest name. FuelCell Energy (NASDAQ:FCEL) stock is at $8.77, down 17% in afternoon trading.

During the third quarter of 2026, the Polen 5Perspectives Growth Opportunities Composite Portfolio returned -6.2% net of fees compared to the 0.5% return of the Russell 3000 Growth Index. The top contributors to relative performance in the period were Twist Bioscience, CrowdStrike and Micron Technology (underweight). The most significant detractors from the Portfolio's relative performance in the quarter were Argan, Microsoft (underweight), and Bloom Energy.

Bloom Energy is rated 'Buy' due to its unique, patented solid oxide fuel cells enabling rapid, reliable power for hyperscale AI data centers. BE's backlog exceeds $20 billion, with major customers like Google, Oracle, and American Electric Power, positioning it for long-term, high-growth potential. Analysts project revenue to surpass $15 billion by 2030, with gross margins over 32% and net income potentially exceeding $3.3 billion by the decade's end.

Bloom Energy is downgraded to Hold, with a new price target of $176, reflecting a 14% downside. Despite strong Q3 beats and raised guidance, concerns over slowing growth and negative AI sector sentiment weigh on BE's narrative. Gross margin expansion and operating leverage remain, but future margin gains are questioned due to management's cautious outlook.

Bloom Energy's Q3 revenue surged 138% to $1.24 billion as hyperscalers increasingly turned to faster on-site power solutions. Operating income reached $286 million, while product gross margin climbed to 38.4%, showing meaningful manufacturing and operating leverage. BE's addressable market is expanding beyond data centers into utilities, industrial sites, military infrastructure, carbon capture, and 800V DC.

AI data centers' electricity needs are fueling demand for Bloom Energy's fuel cells, which can deliver power in months rather than years. Bloom's raised revenue guidance to $1.35 billion to $1.55 billion for the fourth quarter.