Mizuho hikes Bloom Energy's PT on pricing, demand strength

Bloom Energy

14/09/2026 13:58

** Mizuho raises price target for fuel-cell maker Bloom Energy BE.N to $351 from $242
** New PT represents upside of 27.3% to stock's last close on Friday
** Brokerage says PT increase was driven by stronger pricing and demand signals that support higher long-term average prices and core profit margins, along with improving visibility into key 2H26 and 2027 deliveries despite permitting uncertainty
** "Recent project updates in New Jersey and New Mexico increase our confidence that current delays are more likely timing issues than demand issues," Mizuho says
** On turbine-blade manufacturing, brokerage says investor concerns are overstated as expanding qualified turbine-blade manufacturing capacity would likely take years due to strict certification requirements and limited skilled-labour pool
** 17 out of 31 brokerages rate stock "buy" or higher, 13 "hold" and 1 "sell", their median PT is $295 - data compiled by LSEG
** As of last close, BE shares up 217.4% YTD

 (Reporting by Sumit Saha in Bengaluru)
 ((Sumit.Saha@thomsonreuters.com;))