15 AI News That Broke The Internet

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13. Bloom Energy Corporation (NYSE:BE)

Market Capitalization: $3.08 billion

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 an AI stock given its potential to power AI data centers.

On November 12, Susquehanna raised the firm’s price target on Bloom Energy Corporation (NYSE:BE) to $16 from $13, maintaining its positive stance. According to the firm, Bloom has been engaging with data center customers for large-scale orders, but it has yet to sign a meaningful deal. Moreover, the company maintained its FY revenue and GM guidance, suggesting a boost in deliveries and margins in the fourth quarter. Management is confident that the company will hit these goals.

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