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Home/News Feed/Bloom Energy shares rise on strong AI-driven growth but price nears fair value at $251.84 target.
VRT
$251.28
+$1.89 +0.76%

Bloom Energy shares rise on strong AI-driven growth but price nears fair value at $251.84 target.

Analyst Insights
14 Aug 2026
24/7 Wall Street
View Source
Bullish
Bloom Energy shares rise on strong AI-driven growth but price nears fair value at $251.84 target.

Bloom Energy's stock surged over 435% in the past year, fueled by its role as a key onsite power provider for AI data centers. The company reported strong Q2 results with revenue up 165.5% year-over-year and raised its 2026 revenue guidance to $3.9-$4.2 billion. Despite the impressive fundamentals, the stock price has largely caught up to the growth story, with a 24/7 Wall St. price target of $251.84 implying modest upside from the current price of $245.66. Risks include high valuation multiples and potential AI spending slowdowns, but a strong backlog and expanding partnerships support the bullish case.

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