15 AI Stocks Making Waves on Wall Street

12. Bloom Energy Corporation (NYSE:BE)

Number of Hedge Fund Holders: 44

Bloom Energy Corporation (NYSE:BE) is one of the 15 AI Stocks Making Waves on Wall Street. On June 12, UBS analyst Manav Gupta reiterated a “Buy” rating on the stock with a $29.00 price target.

The firm has reaffirmed its positive stance on the company while making minor adjustments to its quarterly estimates. It expects Bloom to report second-quarter 2025 sales of $365 million, an increase from the $326 million reported in the first quarter of 2025. It also expects improved profitability with second-quarter EBITDA forecasted to reach $35 million, up from $25 million in the previous quarter.

The firm projected that Bloom Energy will achieve total sales of $1,777 million for the full fiscal year 2025. All in all, the firm is bullish on the stock as Bloom continues to grow its presence in the alternative energy sector with its solid oxide fuel cell technology.

Bloom Energy Corporation (NYSE:BE) develops solid-oxide fuel cell systems for on-site power generation, helping meet the growing energy demands of AI data centers.