Jefferies raises PT on Bloom Energy on stronger 2026 estimates
ReutersJan 26, 2026 1:25 PM
Brokerage Jefferies raises price target on power solutions company Bloom Energy BE.N to $92 from $53
Brokerage raises its annual estimates on BE driven by American Electric Power's AEP.O orders for fuel cells
Adds Q4 expectations "remain very high with some hoping to hear on capacity expansions, when BE reports, beyond what is already announced"
Says it is confident BE will meet expectations in 2026, but remains cautious for 2027
12 of 26 brokerages rate the stock "buy" or higher, 11 hold, and three "sell" or lower; their median PT is $120 - data compiled by LSEG
BE stock was up 291.2% in 2025
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