10 AI News Updates You Can’t Miss This Weekend

6. Bloom Energy Corporation (NYSE:BE)

Number of Hedge Fund Holders: 25

Bloom Energy Corporation (NYSE:BE) is engaged in the design, manufacture, selling, and installation of solid-oxide fuel cell systems for on-site power generation. It is a key player in meeting the rising energy demands of AI data centers.

Jefferies analyst Dushyant Ailani raised the firm’s price target on Bloom Energy (BE) to $22 from $12 and kept a “Hold” rating on the shares. Current valuations and recent developments have led to this rating. The analyst believes the AEP deal is a positive step, but its success is dependent on certain tax incentives known as the ITC safe harbor provisions. Anticipated revenues on the AEP deal are also likely not to materialize until 2026. Even though there is strong potential for growth in 2025, Bloom Energy’s elevated valuation metrics suggest limited risk/reward potential at this time. The recommendation remains cautious until further deals are announced or materialized.