Goldman Sachs Sees 168% Upside in Ceres Power Stock Goldman Sachs has predicted a 168% upside in Ceres Power's stock, citing the company's potential to meet growing demand for electricity from data centers driven by AI power consumption.
But is this bet on Ceres justified or does it represent a high risk gamble? To understand Goldman Sachs' reasoning, it's essential to grasp Ceres' business model.
Unlike traditional manufacturers, Ceres designs and licenses solid oxide fuel cell technology to other companies, earning royalties on each sale.