Clear Street Raises Bloom Energy (BE) Estimates on Data Center Growth but Maintains Hold

Group 1 - Bloom Energy Corporation (NYSE:BE) is experiencing significant growth, with Clear Street raising its price target to $58 from $50 while maintaining a Hold rating due to current valuation levels [1] - The company reported Q3 2025 revenue of $519 million, marking a 57.1% increase compared to the same period in 2024, and achieved a positive non-GAAP EPS of $0.15, reversing a $0.01 loss from the previous year [3] - Bloom Energy's partnership with Brookfield Asset Management, valued at $5 billion, positions it as the preferred on-site power provider for Brookfield's global AI infrastructure portfolio, with the first European project expected by the end of 2025 [4] Group 2 - To meet the growing demand from data centers and the AI sector, Bloom Energy is set to double its production capacity to 2 GW by December 2026 [5] - Daiwa initiated coverage of Bloom Energy with a Hold rating and a price target of $98 on December 3 [2]