Is Bloom Energy the Next Nvidia?

Yahoo Finance ·

Bloom Energy ( BE 4.74% ) has been one of the hottest energy stocks of 2026. And it hasn't shown many signs of slowing down. Shares of the AI-power stock are up nearly 200%, and have grown ninefold since last July. A comparison with the AI heavyweight Nvidia ( NVDA +3.90% ) can illuminate the shocking rate at which Bloom has exploded. Over five years, $10,000 invested in the chipmaker would have been worth about $1,500 less than the same investment in the fuel cell company. This chart, however, says very little about each business. And if we press a little harder, we'll see that, no , Bloom is not the next Nvidia -- and that's not a good thing for its bottom line. Bloom, like Nvidia, is capitalizing on a trend in artificial intelligence , one in which a power shortage is creating an opportunity for its fuel cell systems. Both companies are doing important material work for AI development. Yet their profitability couldn't be more different.

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