Bloom Energy Corp. (NYSE:BE) is one of the 10 Best Under-the-Radar Data Center Stocks to Buy<\/strong>. Bloom Energy\u2019s stock has skyrocketed 1,231.11% over the past year and an equally impressive 132.8% year-to-date. On April 21, UBS raised its price target on Bloom Energy to $251 from $171 while retaining a Buy rating, driven by the readiness of the company for the next wave of AI data center infrastructure buildout, with its entire product lineup being 800V DC ready.<\/p>\n On April 13, Bloom Energy announced an expanded partnership with Oracle to support the rapid buildout of its AI and cloud computing infrastructure. Under a master services agreement, Oracle intends to procure up to 2.8 gigawatts (GW) of Bloom\u2019s fuel cell systems. As part of the agreement, an initial 1.2 GW of capacity has been contracted, with deployment underway and continuing into next year. Bloom\u2019s fuel cells will support Oracle projects in the U.S. and help meet demand for its cutting-edge cloud infrastructure.<\/p>\n Bloom Energy said the expanded partnership highlights its capability to provide fast, reliable power suited for AI workloads, which require rapid, load\u2011following support that traditional grids were not designed to deliver. It emphasized that its systems are built to support higher-density AI workloads more efficiently, with a technology platform aligned to emerging standards such as 800 V dc.<\/p>\n Bloom Energy Corp. (NYSE:BE) empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs. The company\u2019s solid oxide fuel cell systems provide ultra-resilient, highly scalable onsite electricity for Fortune 500 customers around the world, including data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors.<\/p>\n While we acknowledge the potential of BE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b>.<\/p>\n READ NEXT:\u00a0<\/b>10 Best Data Center Stocks to Buy for the Long Term\u00a0<\/b>and\u00a0<\/b>8 Best Automotive Stocks to Buy According to Analysts.<\/b><\/p>\n Disclosure: None.\u00a0Follow Insider Monkey on Google News<\/b>.<\/b><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/figure>\n