SIG analyst Biju Perincheril maintains $Bloom Energy (BE.US)$ with a buy rating, and adjusts the target price from $13 to $16.
According to TipRanks data, the analyst has a success rate of 49.2% and a total average return of 8.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Bloom Energy (BE.US)$'s main analysts recently are as follows:
The firm references Bloom Energy's Q3 revenue shortfall, which was influenced by subdued Product revenues due to certain Energy Server projects experiencing scheduling delays.
Bloom Energy's Q3 results did not meet consensus estimates across all major metrics while the company continues its efforts to secure its initial major data center contract. The company experienced a sequential increase of approximately 13% in accounts receivable, which was discussed during the call with management expressing assurance in their ability to collect from their partner SK.
Note:
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