JPMorgan Sees Upside in Bloom Energy (BE) Amid Growing AI Power Needs

Bloom Energy Corporation (NYSE:BE) is one of the AI Stocks Investors Are Watching Closely. On October 2nd, JPMorgan maintained its “Overweight” rating and more than doubled the price target to $90 per share. The firm said its standing by BE even as its stock trades at a significant premium on data center demand for its onsite power generation systems. According to analyst Mark Strouse, investors are struggling with a lack of visibility into Bloom’s backlog considering data center customers don’t allow th ...