BMO Reiterates Market Perform on Bloom Energy (BE) After Grid-Scale Fuel Cell Deal

Bloom Energy Corporation (NYSE:BE) is one of the AI Stocks Investors Are Watching Closely. On January 9, BMO Capital analyst Christopher Dendrinos reiterated a Market Perform rating on the stock with a $136.00 price target. The rating affirmation follows Bloom Energy’s first multi‑hundred‑megawatt utility order, a reflection of the growing adoption of its fuel cell technology at grid-scale for AI-driven demand. Back in 2024, American Electric Power had signed an agreement with Bloom Energy to acquire 100 ...