Here’s Why Bloom Energy (BE) Is Among the Best Future Stocks to Buy Right Now

With a five-year EPS forecast of 114.13%, Bloom Energy Corporation (NYSE:BE) is among the 12 Best Future Stocks to Buy Right Now.

On May 22, Daiwa upgraded Bloom Energy Corporation (NYSE:BE) to Outperform from Hold with a $324 price target, citing what the firm described as an inflection in orders, capacity, and margins. The analyst noted that Bloom appears to be entering a stronger operating phase, with improving business fundamentals supporting a more constructive outlook on the shares.

Earlier, on May 20, Nebius and Bloom Energy Corporation (NYSE:BE) announced an agreement to deploy Bloom’s fuel cell technology to help power Nebius’s AI infrastructure buildout. Bloom’s fuel cell systems will provide behind-the-meter electricity for Nebius and support demand for compute capacity underpinning its AI cloud platform, with the first project expected to deploy 328 MW of installed capacity this year. The modular fuel cell systems are designed to accelerate time-to-power while reducing dependence on new transmission infrastructure and eliminating the need for gas turbines at the site.

Bloom Energy Corporation (NYSE:BE) designs and manufactures solid oxide fuel cells that generate clean, highly efficient electricity onsite for customers across industries such as data centers, manufacturing, and healthcare. Its technology enables organizations to bypass traditional grid constraints and secure reliable distributed power, an increasingly important capability in energy-intensive sectors such as AI infrastructure. It is headquartered in San Jose, California, and was founded in 2001.

While we acknowledge the risk and potential of BE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 7 Best Heavy Equipment Stocks to Buy as Backlogs Hit Records and 9 Best Natural Gas Stocks to Buy for Transitional Power.

Disclosure: None.  Follow Insider Monkey on Google News.

1281292 - 11759070 - 1