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

Bloom Energy Corporation (NYSE:BE) is one of the hottest large-cap stocks of 2025. On December 29, Clear Street raised the firm’s price target on Bloom Energy to $58 from $50 with a Hold rating on the shares. This sentiment was posted as the firm raised its 2026 revenue projections by 2% and its 2027 estimates by 9%, reaching $3.33 billion. These adjustments stem from expectations that Bloom Energy will expand its internal production capacity for data center products. Despite appreciating Bloom’s dominant ...