Bloom Energy vs Palantir: Which Stock Has More Room to Run?

Bloom Energy (BE) and Palantir (PLTR) are both 'story stocks' with significant growth potential. Bloom's solid oxide fuel cells (SOFCs) power cleaner data centers, while Palantir helps clients unify and analyze their fragmented data.

Bloom's SOFCs convert natural gas, propane, biogas, or hydrogen into electricity without combustion. They can be deployed quickly, often in under two months, bypassing traditional power grids. The company dominates the stationary, multi-megawatt market with clients like Oracle and Equinix.

Bloom's total backlog reached $20 billion by the end of 2025, nearly ten times its 2022 revenue. Analysts expect Bloom's revenue to grow at a 70% CAGR from 2025 to 2028, with adjusted EBITDA increasing at 120%. The company is expected to turn profitable by GAAP in 2026.

Palantir helps clients unify their data on a single platform using its Ontology data model. Its Gotham platform serves government agencies, including U.S. military and law enforcement, while Foundry serves commercial customers like Apple and Amazon. Palantir's revenue and adjusted EBITDA are expected to grow at CAGRs of 58% and 72%, respectively, from 2025 to 2028.