JPMorgan raised the firm’s price target on Bloom Energy (BE) to $267 from $231 and keeps an Overweight rating on the shares. The company reported Q1 results well above expectations and its fiscal 2026 guidance was increased significantly two months since the prior update, the analyst tells investors in a research note. The firm believes Bloom is seeing margin leverage as the business continues to scale.
Meet Samuel – Your Personal Investing Prophet
BE has a long & short ETF? Explore BEX & BEZPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BE:
- Bloom Energy price target raised to $180 from $155 at Clear Street
- Jeff Osborne Raises Bloom Energy Price Target to $235 but Maintains Hold on Valuation and Execution Risks
- Closing Bell Movers: Seagate, Starbucks rally on earnings
- Bloom Energy Delivers Record Q1 Results, Lifts 2026 Outlook
- Bloom Energy reports Q1 EPS 44c, consensus 13c