BE Vs FCEL: Which Renewable Energy Stock Is A Better Bet Amid AI Boom?

• According to Koyfin, 13 out of 27 analysts covering BE stock have a rating of ‘Buy’ or higher on the company’s shares. 
• Meanwhile, six out of 8 analysts covering FCEL stock have a rating of ‘Hold’ on the company’s shares, and two have a ‘Sell’ or ‘Strong Sell’ rating. 
• Bloom Energy is set to report its Q1 2026 earnings on April 28, while FuelCell Energy will report its Q2 results on June 5.

Renewable energy stocks are quickly becoming an attractive investment option amid rising demand for alternative power sources, driven by a boom in artificial intelligence.

The U.S. Department of Energy forecasts that total energy demand in the country could grow by about 15% to 20% over the next decade due to increased AI use, data center expansion, domestic manufacturing, and electrification across sectors.

Bloom Energy (BE) and FuelCell Energy (FCEL) have begun to gain traction due to their fuel cell technology, which generates electricity through an efficient electrochemical reaction. However, Wall Street consensus estimates suggest that one of these stocks may be the better bet.

Bloom Energy Gets Wall Street Thumbs Up

Bloom Energy garnered attention from analysts this week, receiving two price target hikes on Tuesday.

UBS analyst Manav Gupta raised the price target on the company to $251 from $170 and kept a ‘Buy’ rating on the shares, saying that the shift toward 800 VDC power architectures in data centers was an indicator of rising AI demand and high-density computing power, which could potentially create opportunities for BE’s technologies. Citi analyst Vikram Bagri also raised the price target on Bloom Energy to $229 from $162 and kept a ‘Neutral’ rating on the shares. Meanwhile, the company’s shares hit an intraday high of $234.35 on Tuesday and were up 3% in overnight trading.

According to data from Koyfin, 13 out of 27 analysts covering the stock have a rating of ‘Buy’ or higher on the company’s shares, with the highest price target of $251 indicating an upside potential of 13.6% compared to its latest close of $220.91. BE shares have already gained about 124% so far this year.

FuelCell Energy Draws Retail Attention

Meanwhile, FuelCell Energy has been gaining more attention from retail traders. On Stocktwits, message volumes around the stock have risen by more than 180% in a day.

Wall Street’s view on FCEL stock is more muted compared to BE stock. According to data from Koyfin, six out of 8 analysts covering the stock have a rating of ‘Hold’ on the company’s shares, and two have a ‘Sell’ or ‘Strong Sell’ rating. FCEL shares have gained about 16% so far in 2026.

What Are Analysts Expecting From BE And FCEL?

Bloom Energy is set to report its first quarter (Q1) 2026 earnings on April 28, while FuelCell Energy will report its second quarter (Q2) results on June 5.

According to Stocktwits data, analysts expect BE to post a 64% growth in quarterly revenue to $535.78 million for Q1, versus an expectation for FCEL to post revenue of $41.64 million for Q2, an increase of about 11%.

The forward price-to-earnings (P/E) ratio of BE is also more attractive than FCEL’s. According to data from Fiscal.ai, FCEL lacks a meaningful metric, as it is expected to continue losing money, whereas BE has a forward P/E ratio of 71 for FY 2027.

Retail’s Stance On BE, FCEL

Retail sentiment around BE shares has declined from ‘bullish’ to ‘neutral’ territory over the past 24 hours, according to platform data, while FCEL shares have seen sentiment jump from ‘bullish’ to ‘extremely bullish’ territory over the same period.

One user bullish on FCEL’s stream said the company would improve over the next 12 months, adding that a share price under $10 was a bargain. The user also said they preferred FCEL stock to BE stock.

BE shares have rocketed more than 1,200% over the past 12 months, while FCEL shares have surged 154% in the same time.

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