Bloom Energy touches record after Morgan Stanley boosts PT

Bloom Energy

16/09/2025 14:50

** Shares of fuel-cell maker Bloom Energy BE.N rise 8.4% at $72.61 - a record high - after Morgan Stanley boosts PT to $85 from $44

** New PT represents a near 27% upside to stock's last close on Monday

** Morgan Stanley sees co "as much more clearly favorably positioned for success in powering AI" data centers following ORCL's upside bookings surprise

** Co in July entered a deal with ORCL to deliver power to AI centers

** "Data center demand for power is extremely strong and has not slowed, the market for power supply is quickly tightening" according to MS

** Co is "expecting new orders soon from AI ecosystem hardware players" - MS

** 13 of 25 brokerages rate the stock "buy" or higher, 10 "hold" and two "sell"; median PT is $41.5 - data compiled by LSEG

** Including session move, stock up 219.1% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))