Bloom Energy price target raised to $58 from $50 at Clear Street

Clear Street raised the firm’s price target on Bloom Energy (BE) to $58 from $50 and keeps a Hold rating on the shares. For 2026, the firm increased its revenue estimate by 2% and it increased its 2027 revenue estimate by 9% to $3.33B to reflect the likelihood of Bloom adding more internal production capacity for products for datacenters. While the firm continues to like Bloom’s niche and high market share for its onsite power generation and uptime reliability advantages for new datacenters and manufacturing plants, it maintains a Hold rating based on valuation.