ORCL Partner Bloom Energy Reaffirmed for Project Jupiter

### Session Tape — Bloom Energy Corp. (BE)

## Catalyst Analysis: Project Jupiter Reaffirmation and Price Target Revision

Bloom Energy Corp. gained more than 1% in overnight trading on Tuesday, October 13, 2026, following a confirmation from Oracle ($ORCL+WL) that Bloom Energy remains the primary power source for the proposed Project Jupiter AI data center campus in Doña Ana County, New Mexico. The campus is designed to provide up to 2.45 gigawatts of installed power capacity using Bloom's fuel cell technology.

Concurrently, Roth Capital raised its price target on Bloom Energy to $260 from $225 while maintaining a Neutral rating ahead of the company's third-quarter financial results slated for release on Wednesday, October 22, 2026, after market hours. The brokerage noted that while commercial momentum and positioning are unique, valuation multiples and visibility factor in aggressive capacity growth and large order flows.

## Impact on Related Tickers

The affirmation directly reinforces operational ties between Oracle ($ORCL+WL) and its primary energy infrastructure suppliers for hyperscale artificial intelligence buildouts in the Southwest.

### Money Play

- **$ORCL+WL**: Monitor Oracle's ongoing energy service agreements with El Paso Electric, which support infrastructure buildouts for Project Jupiter while allocating up to $55 million annually in direct electricity bill credits for New Mexico customers.

### Key Risks & Market Acceptance

Despite the overnight bid and higher analyst price target, retail sentiment on platforms such as Stocktwits shifted toward bearish territory amid normal message volumes. Analysts continue to flag that forward expectations leave limited margin for execution errors ahead of the October 22 earnings report.