Jefferies raises PT on Bloom Energy on stronger 2026 estimates

American Electric Power

26/01/2026 13:25

** 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

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))