Is Bloom Energy (BE) a Good Investment?

Columbia Threadneedle Investments, an investment management company, released its “Columbia Seligman Global Technology Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities strongly rebounded in the second quarter following a turbulent first quarter. The fund’s Institutional Class shares returned 19.52% in the quarter, compared to a 23.18% return for the MSCI World Information Technology Index-Net. In addition, you can check the fund’s top 5 holdings for its best picks for 2025.

In its second-quarter 2025 investor letter, Columbia Seligman Global Technology Fund highlighted stocks such as Bloom Energy Corporation (NYSE:BE). Bloom Energy Corporation (NYSE:BE) engages in the design, manufacture and installation of solid-oxide fuel cell systems for on-site power generation. The one-month return of Bloom Energy Corporation (NYSE:BE) was 20.80%, and its shares gained 535.93% of their value over the last 52 weeks. On September 24, 2025, Bloom Energy Corporation (NYSE:BE) stock closed at $69.18 per share, with a market capitalization of $15.451 billion.

Columbia Seligman Global Technology Fund stated the following regarding Bloom Energy Corporation (NYSE:BE) in its second quarter 2025 investor letter:

“The fund held an off-benchmark position in Bloom Energy Corporation (NYSE:BE),  which manufactures solid oxide fuel cells that produce electricity, offering an alternative source of energy compared with traditional suppliers. Our thesis on Bloom Energy is that it has the technology to provide a solution to the electricity shortage that overhangs new AI datacenter builds in the U.S. and around the world. Bloom’s hydrogen fuel cells plug into a natural gas line that can fit on a datacenter’s campus without taking up much real estate, and the company has informed customers they can ramp up power delivery quicker than other energy providers. Bloom Energy saw a surge in its stock toward the end of the second quarter, as it became more apparent that the company could be a winner from President Trump’s budget reconciliation bill. The bill has made it more difficult for solar and wind projects to obtain federal tax credits and gives hydrogen energy developers an extension on federal tax credits, which should work in Bloom Energy’s favor.”

Bloom Energy (BE) Soars 18% as JPMorgan Turns Bullish

Bloom Energy Corporation (NYSE:BE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 43 hedge fund portfolios held Bloom Energy Corporation (NYSE:BE) at the end of the second quarter, compared to 44 in the previous quarter.  In the second quarter of 2025, Bloom Energy Corporation (NYSE:BE) generated revenue of $401 million, reflecting a 19.5% year-over-year increase.  While we acknowledge the risk and potential of Bloom Energy Corporation (NYSE: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 Bloom Energy Corporation (NYSE:BE) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Bloom Energy Corporation (NYSE:BE) and shared the list of AI stocks on market radar. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.