Why Bloom Energy Stock Blasted Nearly 30% Higher Last Month

Group 1 - The energy industry is experiencing increased attention from American investors, particularly due to President Trump's Big, Beautiful Bill, which includes provisions that favor certain energy production types [1][6] - Bloom Energy is positioned advantageously as it benefits from the anticipated rise in energy demand, especially with the emergence of artificial intelligence technology [2][4] - RBC Capital's analyst Christopher Dendrinos maintains a positive outlook on Bloom Energy, with a price target of $26 per share, citing both short- and long-term opportunities due to rising energy demand [4] Group 2 - Bloom Energy's technology is well-suited for the growing needs of data centers that require reliable and clean energy sources [5] - The recent budget reconciliation bill passed by the Senate favors hydrogen and natural gas, which aligns with Bloom's offerings, while making it harder for solar and wind projects to obtain federal tax credits [6][7] - The future of Bloom Energy is closely tied to the final outcome of the Big, Beautiful Bill, although the company is expected to retain advantages even if some provisions are reduced [10]