
Fuel-cell maker Bloom Energy BE.N beats Q4 adjusted profit estimates on Thursday helped by robust demand
BE posts Q4 adj earnings of 43 cents per share vs est of 30 cents per share - data compiled by LSEG
10 of 23 brokerages rate the stock "buy" or higher, 12 "hold" and 1 "sell"; their median PT is $25 - data compiled by LSEG
EXPECTS POSITIVE OUTLOOK AND DATA CENTER OPPORTUNITIES
TD Cowen ("Hold") raises PT to $20 from $13, sees a multitude of options for data centers to meet their power needs and believes BE's role will become potentially clearer through 2025
J.P. Morgan ("Neutral") raises PT to $18 from $16, says BE's Q4 results and 2025 guidance was above expectations, with headline product backlog flat year-on-year
Raises PT as customers are locking in investment tax credits (ITC) on BE's projects through the end of 2028. ITC provides financial incentives to invest in renewable energy projects
Roth Capital Partners ("Neutral") raises PT to $26 from $25, sees BE’s position as favorable with established technology that can be rapidly deployed in markets that are increasingly grid-constrained