Workflow
Why Bloom Energy Stock Holds Promise in 2025
BEBloom Energy(BE) Schaeffers Investment Research·2025-03-25 16:16

Group 1 - Bloom Energy Corp (NYSE:BE) signed an agreement with American Electric Power (AEP) to provide power solutions to data centers [2] - Since late-November highs, BE has pulled back to its 50% year-to-date level, coinciding with its $5 billion valuation [2] - The pullback aligns with the candle-high following the AEP announcement and its ascending 20-day moving average, indicating potential for a next leg higher in 2025 [3] Group 2 - BE is identified as a contrarian target with relative strength, despite skepticism from analysts, as 11 out of 22 brokerages maintain "hold" ratings [3] - Short interest in BE has reached all-time highs, increasing by 16% in the last 30 days, with bearish bets up 48% in 2024 [4] - 23% of the equity's total available float is now sold short, suggesting ample room for a potential short squeeze [4]