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MetaDaily – Breaking News in Crypto, Markets & Digital Trends
Home » Jim Cramer on Bloom Energy stock and AI data center power
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Jim Cramer on Bloom Energy stock and AI data center power

adminBy adminSeptember 30, 2026No Comments3 Mins Read
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After an enormous run this year, Cramer said Wednesday that he would wait for a pullback in this name.He said it is his favorite way to gain exposure to behind-the-meter electricity powering the AI build-out.

CNBC’s Jim Cramer said Wednesday that Bloom Energy remains his favorite way to invest in behind-the-meter electricity powering the artificial intelligence build-out. He’s just not ready to pull the trigger just yet. Bloom shares have surged 219% this year, including 34% this month, as demand for its onsite fuel-cell systems has accelerated alongside the construction of power-hungry AI data centers. These scalable modular blocks, which can provide primary and backup power outside of the public electrical grid, convert fuel into electricity without combustion. The stock has nearly doubled since Cramer covered it in February . “If you want exposure to the electricity powering the AI build-out, Bloom Energy remains my favorite way to play it,” the ” Mad Money ” host said. “Long term, I think this one can still go much higher over the next few years.” Bloom’s technology offers data center developers a faster alternative to waiting years for a power grid connection. Management said it was able to deliver power to an Oracle data center within 55 days. Data center size is measured in the gigawatts of continuous power needed to run the facilities because energy is the limiting factor on capacity. Demand has already shown in Bloom’s results. Second-quarter revenue jumped 166% to $1.07 billion, crushing estimates, while adjusted earnings of 78 cents per share nearly doubled expectations. Management also raised its full-year revenue forecast to between $3.9 billion and $4.2 billion, with the midpoint implying sales will double. Bloom is set to report third-quarter results Oct. 27. Cramer also pointed to Bloom’s expanding customer base. The company said that buy-in from major hyperscalers, more than a dozen neoclouds, and AI labs have validated the technology. Bloom competes with other ways of generating behind-the-meter power, like the massive jet-engine-like turbines from GE Vernova , a holding in the CNBC Investing Club portfolio . As much as Cramer likes the Bloom story, he said investors shouldn’t chase it. Bloom trades at roughly 108 times this year’s expected earnings-per-share and 59 times next year’s EPS estimates. “Wait for a pullback, because we’re going to get one, and it’ll be another gift for long-term investors,” he concluded. Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market. Disclaimer Questions for Cramer? Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer’s world? Hit him up! Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com



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