Apr. 21 at 11:22 AM
$BE Bloom Energy price target raised to
$251 from
$170 at UBS
UBS analyst Manav Gupta raised the firm's price target on Bloom Energy to
$251 from
$170 and keeps a Buy rating on the shares. The shift toward 800 VDC power architectures in data centers is being driven by rising AI and high-density computing power needs that are straining traditional AC and lower-voltage DC systems, the analyst tells investors in a research note. This approach promises higher efficiency and greater power delivery per rack while reducing energy loss and infrastructure requirements, and it may also create opportunities for technologies like SOFC systems that can natively supply 800 VDC power directly to data centers, the firm says.
