Ceres Power: Endura Platform Launch, Centrica Partnership, and Solid-Oxide Demand Tailwinds Underpin Buy Conviction

Goldman Sachs analyst Michele Della Vigna has reiterated their bullish stance on CWR stock, giving a Buy rating on April 15.

Michele Della Vigna has given his Buy rating due to a combination of factors tied to Ceres Power’s latest strategic and technological developments. He views the newly introduced Ceres Endura platform as a meaningful step forward, emphasizing its modular design, lower cost profile, and the way it shortens partners’ time to market while easing scale‑up risks.

He also sees the Centrica partnership as a pivotal commercial milestone that should support initial deployments in the second half and materially improve Ceres’ access to the European on‑site power market, while preserving upside from future monetization as volumes grow. In addition, he interprets the recent 2.8 GW order won by Bloom Energy from Oracle as a positive read‑across for solid‑oxide fuel cell demand, and notes that further upside could come from new partnership announcements, most likely with a U.S. customer, underpinning his Buy (Conviction List) stance and 24% estimated upside.

In another report released on April 15, Jefferies also reiterated a Buy rating on the stock with a p480.00 price target.