Why Bloom Energy Stock Hit All-Time Highs This Week and Is Up 300% in 2025

Core Insights - Bloom Energy (NYSE: BE) stock has surged 33.4% this week, reaching a 52-week high of $93.80 per share [1] - RBC Capital analyst Christopher Dendrinos has raised Bloom Energy's price target to $75 per share, citing potential for a significant project [2] - The company is positioned to capitalize on the booming data center market, with a recent application for a 900-megawatt power plant in Wyoming [4] Company Performance - Bloom Energy has reported record revenues and profits for three consecutive quarters, projecting 2025 revenue between $1.65 billion and $1.85 billion, up from $1.47 billion in 2024 [8] - The company plans to double its capacity to 2 gigawatts by the end of 2026 to meet increasing demand for its fuel-cell servers [8] Market Opportunities - Data centers are projected to account for nearly 50% of the growth in electricity demand through 2030, highlighting a significant market opportunity for Bloom Energy [5] - The company's solid-oxide fuel cells can convert alternative fuels into electricity on-site, providing uninterrupted power generation, which is crucial for data centers [6] - A recent deal to supply on-site power to Oracle's data center demonstrates Bloom Energy's capability for rapid deployment [7]