Bloom Energy Corporation (NYSE: BE) is highlighted as one of the 11 Best Hydrogen Stocks to Invest in Now, with Roth Capital raising its price target for BE from $25 to $34 following a Q2 earnings beat. The firm’s solid oxide technology platform and ability to provide solutions for regions with grid constraints have helped it dominate the hydrogen fuel cell market.
Roth Capital’s increased price target for Bloom Energy Corporation (BE) reflects confidence in its role in the energy transformation, offering scalable and sustainable power solutions. The firm’s proven technology and long-term potential to support decarbonization initiatives are key factors driving investor interest.
Bloom Energy Corporation (NYSE: BE)’s solid oxide platform is strategically important in a time of increasing energy infrastructure strain, as it can be used for stationary power generation and integration into evolving hydrogen ecosystems. Roth Capital’s revised target, despite maintaining a Neutral rating, reflects optimism after strong quarterly results and a balanced valuation assessment at current share levels.
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Read more at Yahoo Finance: Roth Capital Raises Bloom Energy Corporation (BE)’s Price Target