Bloom Energy Price Skyrockets Amid $5 Billion AI Deal With Brookfield

Bloom Energy Corporation’s stocks have been trading up by 8.97 percent amid strong investor confidence in renewable energy growth.

Recent Updates in the Spotlight

  • Shares jumped over 25% after unveiling a partnership with Brookfield Asset Management, targeting AI power needs.
  • Susquehanna upped Bloom Energy’s price target from $43 to $105, reflecting confidence in the firm’s growth prospects.
  • UBS pegged Bloom Energy’s price target at $115, maintaining a Buy rating on promising market moves.
  • Evercore ISI raised its target to $137 following the strategic AI infrastructure partnership, signaling robust investor enthusiasm.
  • The stock price surged by 36% to $117.99 in the wake of the substantial investment news.

Stock Analysis