Bloom Energy Corp
BE (NYSE)
Bloom Energy Corp stands out as a key player in the fuel cell sector, particularly within UK-listed clean energy ETFs, showcasing impressive performance with a 1-year return of 470.43% and a 5-year return of 262.44%. Analysts offer a mixed bag of recommendations, with 15% suggesting a Strong Buy and 35% leaning towards a Buy; however, 10% are advising a Sell. With a median 12-month price target of $125.50, Bloom Energy remains a notable option for investors interested in renewable energy exposure.
Pros:
- Strong recent performance
- Significant exposure in renewable energy
Cons:
- High beta indicating volatility
- Mixed analyst ratings
Bloom Energy Corp (BE) may be suitable for investors seeking significant exposure to the renewable energy sector, particularly those with a high-risk tolerance given its volatility and lack of dividends. While the company's strong returns over the past year and five years are noteworthy, prospective investors should consider the mixed analyst recommendations and evaluate whether the potential for growth aligns with their investment strategy.
