Jefferies Lifts Bloom Energy (BE) Target to $92 Amid Stronger 2026 Forecast, Keeps Underperform

Investors are advised to absorption connected execution risks and precocious expectations. According to the firm, the raised BE 2026 estimates are driven by Bloom’s AEP and Quanta orders. It anticipates 2026 gross to scope $2.9 billion, 16% higher than statement estimates.

The steadfast believes that expectations stay precise precocious up of BE’s quarterly report, with investors hoping connected quality related to capableness expansions beyond what has already been announced.

Jefferies besides noted that adjacent though macroeconomic factors basal beardown down the company, investors should look for assurance successful out-year deployments and absorption clarity.  The steadfast besides expects marketplace absorption to modulation from macro tailwinds to execution.

Bloom Energy’s highest valuations permission small country for error, Jefferies added. This apt explains the maintained Underperform standing contempt the higher terms target.

Bloom Energy Corporation (NYSE:BE) develops solid-oxide substance compartment systems for on-site powerfulness generation, helping conscionable the increasing vigor demands of AI information centers.

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