Overview
- Bloom reported $751 million in first‑quarter revenue with adjusted EPS of $0.44 and lifted its 2026 sales outlook to $3.4 billion to $3.8 billion.
- Bloom announced a data‑center partnership with Oracle, and outside reports say Oracle plans up to 2.8 gigawatts of Bloom fuel‑cell power for AI campuses.
- The company swung to a $70.65 million quarterly profit and generated $73.6 million in operating cash flow, signaling a shift toward self‑funded growth.
- Shares hit record highs after the results and partnership news, with gains of about 217% this year and more than 1,300% over the past 12 months.
- Analysts raised targets after the quarter, with JPMorgan moving to $267, Susquehanna to $293, and RBC setting a high of $335, while investors now focus on execution and on‑time deliveries tied to the Oracle pipeline.