“Is Bloom Energy an Excellent AI Stock to Buy Right Now in October?”
Bloom Energy is a hold; valuation is mixed (attractive P/E vs. overpriced DCF) and conviction is low.
Bloom Energy has become the preferred energy supplier for companies building data centers that have difficulty accessing or connecting to the local electricity grid . As a result, Bloom Energy's revenue is projected to increase by triple digits by 2026, according to management's forecast.