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Bloom Energy Corp has a consensus price target of $22.9 based on the ratings of 22 analysts. The high is $33 issued by Susquehanna on December 6, 2024. The low is $12 issued by Truist Securities on October 16, 2024. The 3 most-recent analyst ratings were released by BTIG, Baird, and Roth MKM on December 16, 2024, December 12, 2024, and December 11, 2024, respectively. With an average price target of $29 between BTIG, Baird, and Roth MKM, there's an implied 18.71% upside for Bloom Energy Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bloom Energy (NYSE:BE) was reported by BTIG on December 16, 2024. The analyst firm set a price target for $30.00 expecting BE to rise to within 12 months (a possible 22.80% upside). 51 analyst firms have reported ratings in the last year.
The latest analyst rating for Bloom Energy (NYSE:BE) was provided by BTIG, and Bloom Energy maintained their buy rating.
The last upgrade for Bloom Energy Corp happened on November 15, 2024 when Piper Sandler raised their price target to $20. Piper Sandler previously had a neutral for Bloom Energy Corp.
The last downgrade for Bloom Energy Corp happened on November 20, 2024 when HSBC changed their price target from N/A to $24.5 for Bloom Energy Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bloom Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bloom Energy was filed on December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.
While ratings are subjective and will change, the latest Bloom Energy (BE) rating was a maintained with a price target of $20.00 to $30.00. The current price Bloom Energy (BE) is trading at is $24.43, which is within the analyst’s predicted range.
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