$25B Brookfield Deal Gives Bloom Energy Fresh Momentum Amid High Valuation

Key Facts

In a move that solidifies Bloom Energy's role in the AI data center power race, the company announced an expanded partnership with Brookfield to finance $25 billion in AI infrastructure and data-center power projects, according to reports. This development follows the stock's surge of over 1,000% in the past year, with revenue up 130% and adjusted EPS rising 15x year-over-year, per Seeking Alpha analysis.

The new deal provides a massive funding source for expansion, potentially easing concerns about the stock's high valuation—trading at a forward PE exceeding 100x. Analyst estimates project nearly $10 billion in revenue and over $7 EPS by 2028, supported by such contracts. Per market data, the stock closed at $275.01 on June 29, 2026, recovering from an intraday low of $261.33.

With the partnership announcement, investors await execution details and its impact on actual revenue in coming quarters. The close above $275 is a positive technical signal, but sustaining momentum requires converting this deal into tangible results. Next quarter's results, along with any updates on additional contracts, remain key catalysts to justify the current valuation.