A Bold $1,000 Price Target Sparks Debate
A new analyst report is generating significant buzz around Bloom Energy, proposing a staggering long-term price target of $1,000 per share. This comes as the stock takes a breather in pre-market trading on Tuesday, pulling back approximately 3.8% to the $144 level following a substantial rally last Friday.
The eye-catching forecast originates from analyst Tom Nash. His central thesis positions Bloom Energy as a uniquely capable player in addressing the surging power demands of data centers, particularly those driven by artificial intelligence, by bypassing constraints in the U.S. electrical grid. The underlying projection is ambitious: should the company capture just 20% of the anticipated AI-related electricity demand, its revenue…
