Why These 15 Stocks Are Skyrocketing in 2025

13. Bloom Energy (NYSE:BE)

Number of Hedge Fund Holders In Q3 2024: 25

Bloom Energy (NYSE:BE) is a renewable energy company that provides solid oxide fuel cell systems. It can run on various fuels, and its customers include data center companies.

BE stock is up significantly year-to-date due to a major deal with American Electric Power for 1 gigawatt of Bloom’s fuel cell products. The first order includes 100 megawatts for AI data centers. More orders will likely follow in 2025.

Analysts have also raised price targets due to the growth opportunity here, especially when it comes to data centers and cloud computing. Bloom also has a collaboration with SK Ecoplant in South Korea that could fuel more growth due to its focus on large-scale fuel cell deployments.

The company is still unprofitable, but there have been solid margin improvements here. COGS has been reduced, and the gross margin has increased.

Analysts have a consensus price target of $24.5, implying 16.6% downside risk. That said, price targets are likely to be raised more.

BE stock is up 25.6% year-to-date.