Bloom Energy’s (BE) Alternative Power Play: UBS Sees Growth Ahead

Bloom Energy Corporation (NYSE:BE) is one of the 15 AI Stocks Making Waves on Wall StreetOn 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.

Bloom Energy (BE)'s Alternative Power Play: UBS Sees Growth Ahead

A panoramic aerial view of a modern data center with high-performance computing.

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.

While we acknowledge the potential of BE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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