Bloom Energy (BE) shares have risen more than 174% this year and closed over 7% higher on Wednesday after Elon Musk and Jensen Huang highlighted electricity as a bottleneck in the AI buildout. BMO Capital analyst Ameet Thakkar raised his price target to $260 from $227 and kept an 'Outperform' rating, implying about 9% upside from the last close. The company is expected to report Q3 results after market hours on Thursday. Thakkar noted that power and gas demand remains strong, but capturing that growth is becoming more differentiated across the sector. BE was down more than 4% overnight at the time of writing.
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