The share price of Bloom Energy Corporation (NYSE:BE) increased by 7.47% between January 22 and January 29, 2026, placing it among the The energy stocks that gained the most this week.

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Bloom Energy Corporation (NYSE:BE) designs, manufactures, sells and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. Bloom’s Energy Server generates energy on-site, converting fuels such as natural gas, biogas and hydrogen into electricity without combustion.

On January 28, China Renaissance initiated coverage on Bloom Energy Corporation (NYSE:BE) with a “Buy” rating and a $207 price target, indicating a more than 32% upside from current levels. On the same day, Barclays also initiated coverage on BE with an “Equal-Weight” rating and a $153 price target. The firm believes Bloom is well-positioned to benefit from increased onsite energy demand and strong hyperscaler momentum. However, the analyst noted that the stock’s valuation is already trading on a “significant climb towards”.

Bloom Energy Corporation (NYSE:BE) also got a boost on Jan. 27 when Baird raised his price target on the stock from $157 to $172, while maintaining an “outperform” rating on the stock. The revised target comes as the company updated its model after previewing fourth-quarter results, where it expects the energy supplier to achieve consensus but conservative subsequent guidance.

While we recognize the potential of BE as an investment, we believe some AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

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