- Bloom Energy shares rose 10.9% after RBC Capital maintained its Outperform rating and $335 price target, citing the company's lease of an additional 158,000 square feet at its Fremont, California production facility as a sign of strong customer demand.
- Oracle reaffirmed its commitment to deliver 2.4 gigawatts of fuel cell capacity under Project Jupiter, keeping the project on schedule with Oracle's planned timeline even as a key natural gas pipeline slips to early 2027 due to permitting.
- Jefferies raised its Bloom Energy price target to $264 from $229 while keeping a Hold rating, saying the behind-the-meter business model remains solid despite timing delays on certain projects.
- Analyst revisions followed the S&P 500 index inclusion and stronger pricing signals: UBS lifted its target to $325 from $300 with a Buy rating, and Mizuho raised its target to $351 from $242.
- Bloom Energy stock has surged 257% over the past year to an $87.3 billion market capitalization, trading with a beta of 3.81, and FuelCell Energy shares rose alongside Bloom's gains.
引述
“The project remains on schedule with Oracle's planned timeline, though a key natural gas pipeline has been delayed to early 2027 due to permitting issues.”
“The firm said the company's behind-the-meter business model remains solid despite timing delays on certain projects.”
“RBC Capital pointed to Bloom Energy's decision to lease an additional 158,000 square feet at its Fremont, California production facility as a sign of strong customer demand.”
“This development strengthens Bloom's core AI power thesis and its ability to secure substantial, financeable orders, supporting its expanded financing framework with Brookfield and its 2026 revenue outlook.”