Bloom Energy Stock Is 31% Below Its Record. Here's Where I Think It Will Be in 2030.

Bloom Energy stock has surged nearly 1,000% over five years due to AI data center demand for its fuel cells, but is currently 31% below its June record at $239.34. The analyst forecasts the stock will trade around $230 by 2030 despite significant company growth, as current valuations at 90x earnings leave little room for upside even if earnings nearly triple. Key concerns include potential margin compression and the depletion of $2.3 billion in tax-loss carryforwards.