Top 15 AI Stock News and Ratings Dominating Wall Street

12. Bloom Energy Corporation (NYSE:BE)

Number of Hedge Fund Holders: 25

Bloom Energy Corporation (NYSE:BE) develops solid-oxide fuel cell systems for on-site power generation. On December 10, Roth MKM initiated coverage of Bloom Energy Corporation (NYSE:BE) with a “Neutral” rating and a $25 price target. The firm told investors in a research note that Bloom is leading in the hydrogen fuel cell sector supported by its patented solid oxide technology platform.

The company’s established technology puts it in a favorable position, allowing it to be deployed in markets that are increasingly becoming grid-constrained. It also highlighted Bloom’s ability to support customer’s transition to cleaner energy over time. However, it also stated that the stock’s current valuation is balanced and that it would wait for lower prices before it becomes more positive about the stock.