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Bloom Energy Corp has a consensus price target of $18.83 based on the ratings of 25 analysts. The high is $33 issued by Truist Securities on November 8, 2021. The low is $9 issued by B of A Securities on July 17, 2024. The 3 most-recent analyst ratings were released by UBS, Truist Securities, and Jefferies on August 15, 2024, August 12, 2024, and August 9, 2024, respectively. With an average price target of $17 between UBS, Truist Securities, and Jefferies, there's an implied 43.58% 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 UBS on August 15, 2024. The analyst firm set a price target for $23.00 expecting BE to rise to within 12 months (a possible 94.26% upside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Bloom Energy (NYSE:BE) was provided by UBS, and Bloom Energy maintained their buy rating.
The last upgrade for Bloom Energy Corp happened on March 6, 2024 when Truist Securities raised their price target to $11. Truist Securities previously had a sell for Bloom Energy Corp.
The last downgrade for Bloom Energy Corp happened on February 16, 2024 when JP Morgan changed their price target from $19 to $14 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 August 15, 2024 so you should expect the next rating to be made available sometime around August 15, 2025.
While ratings are subjective and will change, the latest Bloom Energy (BE) rating was a maintained with a price target of $25.00 to $23.00. The current price Bloom Energy (BE) is trading at is $11.84, which is out of the analyst’s predicted range.
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