UBS Raises Bloom Energy (BE) Price Target After Oracle Deal

Bloom Energy Corporation (NYSE:BE) is one of the 12 Best Performing AI Stocks So Far in 2025. On July 25, UBS increased its price target for Bloom Energy Corporation (NYSE:BE) from $29 to $41 while keeping a Buy rating.

This decision to increase the price target came after Bloom Energy Corporation (NYSE:BE) announced that it will collaborate with Oracle Corporation (ORCL) to deliver on-site power to Oracle’s AI data centers within 90 days.

UBS Raises Bloom Energy (BE) Price Target After Oracle Deal

A bird’s eye view of a power generation platform with a power plant in the background.

Bloom Energy Corporation (NYSE:BE) will utilize its fuel cell technology at select Oracle Cloud Infrastructure (OCI) data centers in the US, providing clean, reliable, and cost-efficient power for large-scale AI workloads.

Oracle Corporation (ORCL) is seeing strong demand for OCI services across its data center portfolio, including its large gigawatt AI data centers. Bloom Energy Corporation’s (NYSE:BE) fuel cell technology will help meet the rising demand for OCI’s AI and cloud computing services.

Bloom Energy Corporation (NYSE:BE) is known for its fuel cell systems that provide resilient and scalable onsite electricity generation for data centers, semiconductor manufacturing, large utilities, and other commercial and industrial industries.

While we acknowledge the potential of BE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BE and that has a 100x upside potential, check out our report about the cheapest AI stock.

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