BTIG Sees “Growing Pipeline Visibility” for Bloom Energy (BE), Lifts Price Target to $145

Bloom Energy Corporation (NYSE:BE) is one of the AI Stocks in the Spotlight This Week. On October 30, BTIG raised the firm’s price target on the stock to $145 from $80 and kept a “Buy” rating on the shares. The price target raise follows BE’s third quarter 2025 financial results.

BE stock was up 19% following the earnings print where it reported a revenue for $519M, beating consensus estimates by 21%. Its fuel cell technology has become more attractive toward investors driven by the rising demand from AI data centres.

BTIG noted how BE received a Wyoming data center project in Q3 for ~900MW of fuel cells, with construction starting as early as 2026. It has also entered in a Brookfield partnership in October for “up to $5B of fuel cell capacity to support data center buildout.”

The firm is constructive on the stock in the “wake of recent agreements,” growing pipeline visibility, and expectations that “Fremont’s spare manufacturing capacity will support higher utilization.”

“We are more constructive on BE’s ability to secure a larger than expected share of manufacturing capacity in the wake of recent agreements (consensus points to