Bloom Energy (BE) Gains “Buy” Rating as Data Centers Boost Power Demand

Insider Monkey12-19

We recently published a list of 10 AI Stocks Taking Wall Street by Storm. In this article, we are going to take a look at where Bloom Energy Corporation (NYSE:BE) stands against other AI stocks taking...

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In this article, we are going to take a look at where Bloom Energy Corporation (NYSE:BE) stands against other AI stocks taking...</p>\n\n<a href=\"https://finance.yahoo.com/news/bloom-energy-gains-buy-rating-164722450.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bloom Energy (BE) Gains “Buy” Rating as Data Centers Boost Power Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBloom Energy (BE) Gains “Buy” Rating as Data Centers Boost Power Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-19 00:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bloom-energy-gains-buy-rating-164722450.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of 10 AI Stocks Taking Wall Street by Storm. In this article, we are going to take a look at where Bloom Energy Corporation (NYSE:BE) stands against other AI stocks taking...</p>\n\n<a href=\"https://finance.yahoo.com/news/bloom-energy-gains-buy-rating-164722450.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PW","symbol_name":"Power REIT","start_time":0,"source_url":"https://finance.yahoo.com/news/bloom-energy-gains-buy-rating-164722450.html","article_id":"2492369621","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/mI9wQtq1oEtApLJ0qPG52w--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/9e5f42e4d8656061d7a52ac3b0936eac"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492369621","pubTimestamp":1734540442,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of 10 AI Stocks Taking Wall Street by Storm. In this article, we are going to take a look at where Bloom Energy Corporation  stands against other AI stocks taking Wall Street by storm.The scheme, which could be released this month, would require the companies to comply with strict requirements. This involves reporting key information to the US government and blocking Chinese access to AI chips. According to sources, doing so will allow them to offer artificial intelligence capabilities within the cloud overseas without a license.While the government is keen on making tech giants gatekeepers, news reported by the Financial Times reveals howBlue Whale Capitalinvestment fund has reduced its stakes in major US technology companies amid concerns about the costs of artificial intelligence. Besides one chip-maker tech giant out of the Mag 7, the fund is increasingly less positive on the rest of the Magnificent Seven tech stocks because of spending on AI, as report","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"PW":"Power REIT","BE":"Bloom Energy Corp"},"translate_title":"随着数据中心提振电力需求，Bloom Energy(BE)获得“买入”评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BE":1,"PW":1},"content_text":"We recently published a list of 10 AI Stocks Taking Wall Street by Storm. In this article, we are going to take a look at where Bloom Energy Corporation (NYSE:BE) stands against other AI stocks taking Wall Street by storm.\nAccording to a recent Reuters report, the U.S. will empower tech giants to act as gatekeepers worldwide in its latest efforts to tighten its grip on global AI chip access. The move aims to effectively tighten restrictions, hindering China’s ability to acquire critical resources for developing its own AI capabilities.\nREAD ALSO: Top 10 AI News You Shouldn’t Miss and 10 AI Stocks Taking Wall Street by Storm \nThe scheme, which could be released this month, would require the companies to comply with strict requirements. This involves reporting key information to the US government and blocking Chinese access to AI chips. According to sources, doing so will allow them to offer artificial intelligence capabilities within the cloud overseas without a license.\nWhile the government is keen on making tech giants gatekeepers, news reported by the Financial Times reveals how Blue Whale Capital investment fund has reduced its stakes in major US technology companies amid concerns about the costs of artificial intelligence. Besides one chip-maker tech giant out of the Mag 7, the fund is increasingly less positive on the rest of the Magnificent Seven tech stocks because of spending on AI, as reported by fund manager Stephen Yiu.\nEven though tech giants are adamant that their spending is going to pay off in the long run, the move implies how not everyone is easily convinced. Jim Tierney, a growth stock investor at AllianceBernstein, noted how all of these companies, who are reportedly spending huge amounts of money, will have a hit to their profit margins. This hit is going to be even more noticeable in 2025.\nIn this regard, a report by The New York Times reveals how OpenAI could reportedly see a loss as big as $5 billion. The company’s largest expense comes from the computing power provided by its key partner and major investor, whose cloud services power its products. Analysts have been skeptical of such investments and wonder whether they will be able to garner returns.\nJim Covello, Goldman Sachs’s head of global equity research, stated that to justify a trillion or more dollars of investment, [AI] needs to solve complex problems and enable us to do things we haven’t been able to do before. He further noted that today’s flagship AI models, largely cannot.\nEven though generative AI technology has been achieving a lot, such as advancing drug development, generating video clips, and even solving complex problems, making the technology profitable is still a major question. Only time will reveal whether these groundbreaking advancements can justify the immense investments that are pouring into the technology.\nFor this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A bird's eye view of a power generation platform with a power plant in the background. \nBloom Energy Corporation (NYSE:BE)\nNumber of Hedge Fund Holders: 25\nBloom Energy Corporation (NYSE:BE) develops solid-oxide fuel cell systems for on-site power generation. On December 16, BTIG raised the firm’s price target on Bloom Energy to $30 from $20 and kept a “Buy” rating on the shares. The analyst told investors in a research note that ever since the 1920s, data centers are driving the biggest transformation of the US power grid. Moreover, U.S. data center capacity is expected to grow at 10% annually over the next five years, which is in turn anticipated to drive the U.S. power demand growth by 2% annually. The firm contends that to meet power needs urgently, some companies are paying more for grid access. This situation has the potential to evolve into an opportunity for Bloom Energy considering Bloom’s customers can go behind the meter with the company’s natural gas fuel cell offering.\nOverall, BE ranks 9th on our list of AI stocks taking Wall Street by storm. While we acknowledge the potential of BE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492369621"}