10 Best Hydrogen Stocks to Buy According to Billionaires

7. Bloom Energy Corporation (NYSE:BE)

Number of Billionaires: 8

Bloom Energy Corporation (NYSE:BE) is a clean energy company that manufactures and installs solid oxide fuel cell systems under its flagship product, the Bloom Energy Server.

In November 2024, Bloom Energy Corporation (NYSE:BE) signed an agreement for a 1 GW supply deal with American Electric Power (AEP), marking the largest fuel cell procurement to date. CEO, Chairman, and Founder KR Sridhar sees this collaboration as a strong market recognition for the Bloom Energy platform in powering AI data centers. Additionally, the company expanded its partnership with Equinix in February 2025, now delivering over 100 MW to support Equinix’s digital infrastructure in the US.

In Q4 2024, the company reported $572.4 million in revenue, up 60.4% YoY, and 67.2% growth in product and service revenue. However, Bloom Energy Corporation (NYSE:BE) saw a 6.4% decline over the past month, trailing both the Oils-Energy sector and broader markets.  Analyst sentiment remains mixed for Bloom Energy Corporation (NYSE:BE), with 42% rating it a “Buy” and 50% holding out of 26 analyst ratings. The median price target of $28 implies a potential upside of nearly 69% from current levels, making Bloom Energy a stock to watch.