Bloom Energy Provides Clean Energy for Oracle's AI Offensive. UBS Analysts Raise Price Target Significantly from $29 to $51 (+58 %)

Bloom Energy (BE;i) develops, produces, and markets stationary solid oxide fuel cells ("Energy Server") that deliver clean, reliable power on-site. Target customers include companies with high energy needs such as data centers, industry, hospitals, retail, and utilities. The business model includes the sale of systems, service contracts, maintenance, as well as an increasing focus on Power Purchase Agreements (PPAs) and long-term partnerships with utilities. However, securing energy supply for the AI era is now also coming into focus. On Thursday...