This Stock Has Already Turned $10,000 Into $161,250. Here's Why I Still Want to Buy It.
Bloom Energy's stock has skyrocketed over the past three years.
Overview
A $10,000 investment made in Bloom Energy (NYSE: BE) just three years ago would be worth about $161,250 today, an eye-popping 152% annualized total return. I missed that run-up, thinking Bloom Energy was more hype than substance. While I made a mistake once, I don't plan to repeat it, as I still want to buy the hydrogen stock despite its massive run-up.
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Bloom Energy's advanced fuel cells have gone from a potentially promising technology to the standard for on-site AI power in just a few years, evidenced by its recent deals. In June 2025, Bloom collaborated with Oracle to deliver onsite power to one of its data centers in 90 days. Bloom announced earlier this year that it took just 55 days to complete the initial deployment, prompting Oracle to significantly expand the strategic partnership. Meanwhile, it signed a $5 billion strategic AI partnership with Brookfield Asset Management last October, only for Brookfield to expand it fivefold to $25 billion this June. It also recently expanded its relationship with an AI infrastructure supplier, another growth catalyst for the company. Robust demand for its fuel cells is driving blistering revenue growth (up 165% in the second quarter to over $1 billion) and increased profitability.
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Originally published at www.fool.com.