Is Bloom Energy (BE) One of the Best Climate Change Stocks to Buy According to Analysts?

Bloom Energy Corporation (NYSE:BE) is one of the 8 Best Climate Change Stocks to Buy According to Analysts. Based on 29 analyst ratings compiled by CNN, 45% rated Bloom Energy Buy, while 45% rated it Hold. The stock has a median price target of $275, a 5.23% upside from the current price of $261.34.

NANO Nuclear Energy (NNE) Wins DOE Voucher for Kronos

A Bloom Energy power generation system. Photo from Bloom Energy website

On May 13, Clear Street raised its price target on Bloom Energy to $250 from $180 and maintained a Hold rating on the stock, according to a report by TheFly. The higher price target reflects an adjustment to a 2028 valuation basis from its 2027 forecasts, according to the analyst.

Earlier on May 12, Barclays analyst Christine Cho increased the price target on Bloom Energy to $254 from $177 while maintaining an Equal Weight rating on the stock. The analyst attributed the higher price target to reflect the sales and margin beat for the quarter, higher guidance for this year, as well as management’s long-term outlook commentary.

Last month, Bloom Energy reported a 130.4% increase in its first-quarter revenue to $751.1 million compared to $326.0 million in the same period in 2025. Product revenue, which accounted for the bulk of revenue, increased 208.4% to $653.3 million from $211.9 million in the same period a year ago.

Bloom Energy Corp. (NYSE:BE) empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs. The company’s solid oxide fuel cell systems provide ultra-resilient, highly scalable onsite electricity for Fortune 500 customers around the world, including data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors.

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: 8 Best Digital Infrastructure REITs to Buy According to Analysts and 10 Best AI Stocks to Watch in May

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1