Bloom Energy (BE) stock surged higher on Wednesday alongside positive analyst coverage following the solid-oxide fuel cell systems company’s latest earnings report.
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Trade BE with leverageInvestors can check out the latest analyst updates for Bloom Energy stock below.
- Clear Street analyst Tim Moore maintained a Hold rating and raised the price target to $180 from $155, implying a possible 34.71% downside.
- TD Cowen analyst Jeff Osborne maintained a Hold rating and raised the price target to $235 from $160, suggesting a potential 14.76% downside.
- Four-star Robert W. Baird analyst Ben Kallo reiterated a Buy rating and increased the price target to $260 from $242, implying a possible 5.69% downside.
- Five-star J.P. Morgan analyst Mark Strouse maintained a Buy rating and raised the price target to $267 from $231, suggesting a potential 3.15% downside.
- Five-star Susquehanna analyst Charles Minervino reiterated a Buy rating and increased the price target to $293 from $173, implying a possible 6.28% upside.
- Five-star Wells Fargo analyst Michael Blum reiterated a Hold rating and raised the price target to $217 from $130, suggesting a possible 21.29% downside.
- Five-star BTIG analyst Gregory Lewis maintained a Buy rating and raised the price target to $295 from $165, implying a possible 7.00% upside.
- Five-star Roth MKM analyst Chip Moore reiterated a Hold rating and raised the price target to $225 from $155, suggesting a potential 18.39% downside.
- Five-star RBC Capital analyst Chris Dendrinos reiterated a Buy rating and raised the price target to $335 from $143, suggesting a potential 21.51% upside.
- Five-star Morgan Stanley analyst David Arcaro maintained a Buy rating and raised the price target to $310 from $184, suggesting a potential 12.45% upside.
- Barclays analyst Christine Cho maintained a Hold rating and kept a $177 price target, implying a possible 35.80% downside.
Minervino noted that the updated price target for BE stock reflected the company’s strong Q1 results. He also highlighted strong guidance for 2026 as another reason for the price target increase.
Bloom Energy Stock Movement Today
Bloom Energy stock was up 24.79% on Wednesday, extending a 225.1% year-to-date rally. The shares have also surged 1,135.64% over the past 12 months.
Trading activity today was elevated, as some 10.65 million shares changed hands. For comparison, the company’s three-month average daily trading volume is about 10.24 million shares.
Is Bloom Energy Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Bloom Energy is Moderate Buy, based on eight Buy, 10 Hold, and one Sell rating over the past three months. With that comes an average BE stock price target of $222.72, representing a potential 21.11% downside for the shares.
