Bloom Energy (BE) Surges as AI Hyperscalers Adopt Solid Oxide Fuel Cells

Carillon Eagle Small Cap Growth Fund, as outlined in its Q2 2026 investor letter, recognized Bloom Energy Corporation (NYSE:BE) as a key performer, contributing 1.76% to the fund's gains. The letter highlighted the company's solid-oxide fuel cell systems, which power clean and reliable on-site energy generation for data centers.

Bloom Energy Corporation's stock closed at $259.35 per share on September 18, 2026, marking a 25.51% return over the past month and a 225.53% increase over the past year. The company boasts a market capitalization of $76.39 billion, with its shares trading between $61.37 and $351.28 over the past year. The fund's letter praised Bloom Energy's ability to meet the growing demand for behind-the-meter power generation, particularly in the rapidly expanding AI infrastructure sector.

While the letter did not endorse Bloom Energy as one of the 40 Most Popular Stocks Among Hedge Funds, it noted a 116% increase in holdings by hedge funds in the second quarter compared to the previous quarter, indicating growing interest.