BofA raised the firm’s price target on Bloom Energy (BE) to $39 from $26 and keeps an Underperform rating on the shares. Better execution underpins the firm’s revised estimates, but it still views consensus revenue forecasts as “ambitious” and argues that the current valuation “leaves limited upside potential.”
Claim 55% Off TipRanks
Trade BE with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BE:
- Mixed options sentiment in Bloom Energy with shares up 3.71%
- The Week That Was, The Week Ahead: Macro & Markets, November 23, 2025
- Mixed options sentiment in Bloom Energy with shares down 0.9%
- Brookfield Asset Management (BAM) Seeks $10B for AI Infrastructure Fund, Gains Support from Nvidia, KIA
- Mixed options sentiment in Bloom Energy with shares down 0.51%