Bloom Energy Corporation (NYSE: BE) saw a 23.57% surge in share price from January 7 to January 14, 2026, making it one of the Energy Stocks that Gained the Most This Week. The company specializes in solid-oxide fuel cell systems for on-site power generation, with recent success following a deal with American Electric Power Company.

American Electric Power Company announced a plan to purchase $2.65 billion worth of solid oxide fuel cells from Bloom Energy Corporation. This agreement, signed in 2024, included an initial acquisition of 100 MW with an option for an additional 900 MW, which AEP exercised last week. Clear Street raised its price target on BE from $58 to $68 following the deal.

With the recent gains, Bloom Energy Corporation’s share price has soared almost 490% over the past year. While BE presents investment potential, some AI stocks may offer greater upside with less downside risk. Investors seeking undervalued AI stocks can explore opportunities beyond Bloom Energy.

For more financial insights, explore articles on high-yield crude oil stocks post-Trump’s actions in Venezuela and the best performing energy stocks of 2025. Disclosure: None.

Read more at Yahoo Finance: Bloom Energy (BE) Soars Following Deal with American Electric Power Company