Bloom Energy has emerged as a leader in the global energy transition landscape by focusing on two key growth engines: fuel cells for data centers and hydrogen electrolyzers for the green hydrogen economy. Their solid oxide fuel cells address the surging energy demands of AI workloads in data centers, offering high power density, reliability, and significant emissions reduction compared to grid power. A major partnership with American Electric Power underscores the scalability and revenue potential of Bloom's fuel cell technology. On the other hand, Bloom's hydrogen electrolyzers, highlighted by industry-leading efficiency, rapid deployment capabilities, and cost advantages, are central to the company's vision of a decarbonized economy. The successful deployment of an 80 MW project in South Korea demonstrates Bloom's global reach and readiness to capitalize on the projected growth of hydrogen in the energy sector. Despite facing challenges like tariff pressures and competition from traditional energy systems, Bloom Energy's financial results for Q1 2025 show strong revenue growth and margin improvement, indicating a positive trajectory for the company. With a forecast of significant revenue for 2025 and potential margin boosts in 2026, Bloom's strategic positioning and technological edge make it an attractive investment opportunity for those interested in the clean energy transition. Investors considering Bloom Energy should be aware of risks such as supply chain disruptions, market sensitivity, and potential competitor advancements. However, the long-term potential of Bloom's solutions for data centers and green hydrogen, along with supportive government incentives, suggest a positive sentiment for the company's future performance. Overall, Bloom Energy presents a medium-high risk investment opportunity with a target price of $20-$25 by 2026, contingent on continued revenue growth and margin expansion.