15 Best Performing AI Stocks Heading into 2026

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1. Bloom Energy Corporation (NYSE:BE)

Year-to-Date Performance: 332.78%

Number of Hedge Fund Holders: 64

Bloom Energy Corporation (NYSE:BE) is one of the best-performing AI stocks heading into 2026. On November 25, BofA Securities increased its price target on Bloom Energy Corporation (NYSE:BE) from $26 to $39 but kept an Underperform rating.

This update comes as Bloom Energy Corporation (NYSE:BE) has surged more than 300% year-to-date. BofA Securities noted that the company’s execution has improved, which led to revised estimates. However, the firm is concerned about consensus revenue forecasts and believes the stock’s current price level leaves limited room for growth.

BofA Securities now expects Bloom Energy Corporation (NYSE:BE) to see about a 40% MW compound annual growth rate through 2028. This suggests that demand for the company’s products is increasing. However, the research firm cautioned that maintaining this growth trajectory past 2027 would need a big jump in new awards.

The firm still sees a negative risk/reward profile. BofA Securities also noted that Q4 backlog metrics will be the next catalyst for what it sees as “muted order activity versus splashy headlines.”

Bloom Energy Corporation (NYSE:BE) designs and manufactures fuel cell systems for on-site power generation for data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors.

While we acknowledge the potential of BE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BE and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 15 Best Aggressive Growth Stocks to Buy Right Now and 12 Best American Penny Stocks to Buy Right Now.

Disclosure: None.

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