Bloom Energy Stock Reaches Record High on Analyst Optimism

Bloom Energy shares surged to unprecedented levels during Tuesday’s trading session, propelled by a wave of bullish analyst commentary that positions the company as a critical infrastructure player in the artificial intelligence revolution. The stock achieved a remarkable intraday peak at $71.75 before settling at $71.96, marking a substantial single-day gain of 7.37%.

Leading the charge was Morgan Stanley, which maintained its “Overweight” rating while significantly raising its price target. The financial institution highlighted Bloom’s recently announced agreement to supply Oracle with fuel cell technology for its AI data centers. This optimistic assessment was quickly echoed by other major firms including Wells Fargo, BMO Capital, and RBC Capital, all of which substantially increased their own projections for the company’s performance.

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