On Nov 15, major Wall Street analysts update their ratings for $Bloom Energy (BE.US)$, with price targets ranging from $20 to $22.
Morgan Stanley analyst Andrew Percoco maintains with a buy rating, and maintains the target price at $20.
Evercore analyst James West maintains with a buy rating, and maintains the target price at $22.
Piper Sandler analyst Kashy Harrison maintains with a buy rating, and maintains the target price at $20.
Truist Financial analyst Jordan Levy maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Bloom Energy (BE.US)$'s main analysts recently are as follows:
Bloom Energy's recent agreement with American Electric is viewed positively for market sentiment and enhances visibility.
Bloom Energy's recent signing of a supply agreement with a major electric power company to purchase up to 1.0 GWs of its solid oxide fuel has been recognized as a potentially significant positive driver for the stock. However, it is acknowledged that there are 'several uncertainties of the transaction', particularly with the timing of the remaining 900 MWs.
Bloom Energy's recent signing of a supply agreement with American Electric Power is highlighted as a timely solution for data centers and other significant energy consumers as they transition towards more enduring grid infrastructure. American Electric Power, while not providing a specific schedule for the deployment of fuel cell capacity, anticipates roughly a 20% annual increase in its commercial load over the coming three years.
Here are the latest investment ratings and price targets for $Bloom Energy (BE.US)$ from 4 analysts:
Note:
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