Analysts on MarketWatch note Bloom Energy stock forecast momentum aligns with broader clean tech sector surge, but caution against volatility linked to Fed rate decisions. Shares have tested resistance at $16.50, a breakout could fuel short-term rallies. In short, there's no guarantee that the hydrogen economy will ever take off at any meaningful scale, nor is there strong visibility into Plug Power becoming a winner should the hydrogen economy ever become a reality. The latest stock run for Plug Power is likely a reflection of short-term market hype around a small-cap stock, not the harbinger of long-term gains. Of course, there are no guarantees in market forecasting. However, assuming that the positive pathway wins out, traders would see a gradual rise toward the $18 level over the next 10 weeks. If the negative pathway wins out, BE may deflate toward the $15 level. Chart analysis shows Bloom Energy stock forecast support at $13.80, with volume spikes around earnings releases. Staying above support levels may trigger technical buy signals.
