Overview

• Oracle’s recent earnings featured a revenue surge and a stronger cloud outlook, prompting investors to seek beneficiaries across infrastructure and energy.
• Morgan Stanley lifted Bloom Energy’s target to $88, a doubling that implies roughly 16% upside from Tuesday’s intraday high.
• Bloom Energy has an agreement to supply fuel-cell power to Oracle data centers, with management indicating first shipments in about 90 days.
• The bullish thesis highlights Bloom’s ability to double manufacturing capacity in under six months and deliver on short lead times as grid solutions face delays.
• Bloom shares are up more than 220% year to date, while Wall Street increasingly treats energy names, including nuclear-focused plays, as ways to access AI-driven power demand.