Bloom Energy (BE) Price Targets Increased by Analysts

Core Insights - Bloom Energy Corporation (NYSE:BE) has been recognized as one of the 12 best-performing stocks over the last three months, with Jefferies raising its price target from $31 to $53 while maintaining an Underperform rating [1] Group 1: Recent Developments - Jefferies highlighted a significant deal with Brookfield Asset Management, where Brookfield will invest up to $5 billion to deploy Bloom Energy's advanced fuel cell technology, focusing on AI factories and power solutions [2] - The fourth quarter is anticipated to be crucial for investors, as Bloom Energy is expected to share its backlog, potentially including sales projections for 2026 and 2027 [3] Group 2: Financial Performance - Susquehanna also raised its price target for Bloom Energy from $105 to $157 following the company's strong Q3 results, which exceeded revenue and EBITDA expectations [3] Group 3: Company Overview - Bloom Energy designs and manufactures fuel cell systems for on-site power generation, catering to sectors such as data centers, semiconductor manufacturing, and large utilities [4]