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Bloom Energy jumps after J.P.Morgan upgrades to 'overweight'

ReutersJul 9, 2025 3:57 PM
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Shares of fuel-cell maker Bloom Energy BE.N jump 20.3% to $29.18, highest since January 24

J.P.Morgan upgrades stock to "overweight" from "neutral"

"Fuel cell tax credits could push BE customers over the finish line as competing gas turbine pricing and lead times remain elevated" - brokerage

"We believe the higher factory absorption, along with incremental pricing power, should also support stronger product margins" - brokerage

Twenty-four analysts rate the stock "buy"; with a median PT of $26, according to data compiled by LSEG

Including session's moves, stock up 31.3% YTD

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