Should You Buy Bloom Energy While It's Under $100?

Core Viewpoint - Bloom Energy's stock has experienced significant volatility, rising over 500% in the year but subsequently falling over 40% from its 52-week high of $147.86 to approximately $82 per share, raising questions about its future performance and investment potential [1][2]. Group 1: AI Narrative and Market Dynamics - Bloom Energy's technology, specifically solid oxide fuel cells, is positioned to provide on-site power to AI data centers, which is crucial given the increasing power demands of these facilities [1]. - The stock's valuation is closely tied to the pace of AI data center deployment; any delays or concerns regarding the sustainability of AI investments could negatively impact Bloom's stock appeal [2][3]. Group 2: Financial Performance - Despite the stock's volatility, Bloom Energy has reported record quarterly revenue for four consecutive quarters, improved margins year over year, and positive cash flow from operations for the third quarter of 2025 [4]. - The company is performing better than some competitors in the AI energy space, such as Oklo, which has not generated significant revenue [4]. Group 3: Investment Considerations - The current sell-off in Bloom Energy's stock is influenced by broader concerns over an AI bubble and the withdrawal of financing for a major data center project by a partner, Oracle [3]. - Analysts suggest that potential investors should weigh the risks and rewards carefully, especially given that Bloom Energy was not included in a list of top stock recommendations by a prominent analyst team [6][7].