Overview
- Shares jumped about 29% to $13.66 on unusually heavy volume, setting a new 52-week high.
- Sector gains followed Bloom Energy’s stronger AI data center outlook, which pulled fuel cell peers higher.
- FuelCell says its sales pipeline rose 275% year over year with more than 80% tied to data centers and digital infrastructure.
- The company is pitching a 12.5 MW on-site power block for those facilities and plans to scale Torrington manufacturing toward 350 MW a year.
- Despite the rally, recent results showed a $0.52 per-share loss with $30.53 million in revenue below forecasts, and investors now look to the June 5 earnings report as the next test.