Up 275% This Year: Is It Too Late to Buy Bloom Energy Stock?

Bloom Energy stock has surged 275% in 2026 as AI data centers drive demand for its fuel cell power systems. Major customers like Oracle and partnerships with Brookfield Asset Management validate the technology, with strong Q1 financials showing 130% revenue growth. However, the stock's rich 38x sales valuation, customer concentration risk, and sharp rally suggest investors should build positions gradually rather than buy aggressively.