RBC maintains $26 price target for Bloom Energy due to rising power demand

From Yahoo Finance: 2025-06-26 12:15:00

Bloom Energy Corporation (NYSE:BE) is among the top 10 buzzing AI stocks according to RBC Capital analysts, who reiterated an “Outperform” rating with a $26.00 price target. The firm sees long and short-term growth opportunities due to increasing demand for electricity and grid constraints favoring co-location solutions.

Management’s efforts to address regional policies and the positive impact of last year’s AEP announcement have bolstered Bloom Energy’s position in the energy sector. The company develops solid-oxide fuel cell systems for on-site power generation, catering to the energy needs of AI data centers.

While Bloom Energy shows promise as an investment, some AI stocks may offer greater upside potential with lower downside risk. Investors seeking undervalued AI stocks can explore opportunities in the market, including those that stand to benefit from current economic trends and policies.

Read more: RBC Sticks With $26 Price Target on Bloom Energy (BE) as Power Demand Rises