5 Best Clean Energy Stocks To Buy According to Wall Street Analysts

4. Bloom Energy Corporation (NYSE:BE)

Average Analyst Price Target Upside: 78.73%

Bloom Energy Corporation (NYSE:BE) manufactures and sells solid oxide fuel cells for on-site power generation. Solid oxide fuel cells are a growing trend among the green energy sector and its market size is expected to grow at a compound annual growth rate of 25.3% between 2022 and 2028.

Bloom Energy Corporation (NYSE:BE)’s stock was owned by 29 hedge funds in the second quarter of 2023. The hedge fund holders of the company in Q1 and Q2 remained the same, but the hedge fund investments in Bloom Energy Corporation (NYSE:BE) increased by nearly $1 billion in Q2.

On September 25, HSBC initiated coverage of Bloom Energy Corporation (NYSE:BE) with a Buy rating and a $22 price target.

Follow Bloom Energy Corp (NYSE:BE)