--- title: "Bloom Energy Stock Just Got a Lot More Attractive, Says Analyst – Here’s Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/294202434.md" description: "Bloom Energy (NYSE: BE) shares rose in pre-market trading after reporting Q2 revenue of $1.065 billion, a 165.5% year-over-year surge beating estimates, and raising full-year guidance. The company is pivoting from clean energy to AI infrastructure, driven by data center demand. Clear Street analyst Tim Moore upgraded the stock to Buy with a $290 price target, citing improved risk-reward and debunked overhangs, aligning with a Moderate Buy consensus." datetime: "2026-07-29T11:40:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294202434.md) - [en](https://longbridge.com/en/news/294202434.md) - [zh-HK](https://longbridge.com/zh-HK/news/294202434.md) --- # Bloom Energy Stock Just Got a Lot More Attractive, Says Analyst – Here’s Why Looks like Wednesday will be a good day for **Bloom Energy (NYSE:BE)** investors. ### Claim 55% Off TipRanks BE has a long & short ETF? Explore BEX & BEZ The fuel cell maker’s shares are rising in pre-market trading after the company reported better-than-expected second-quarter results and raised its full-year guidance. The strong performance indicates growing customer interest in Bloom’s fuel cell systems as businesses seek alternatives to traditional power generation methods. Q2 revenue surged 165.5% year-over-year to $1.065 billion, marking the company’s first quarter above the $1 billion threshold and significantly exceeding Wall Street’s $827 million forecast. Growth was driven by a 215.4% increase in product revenue, which reached $935.4 million. Profitability also improved, with gross margin expanding to 33.4% from 26.7% a year earlier and adjusted gross margin rising to 34.3% from 28.2%. Adjusted EPS came in at $0.78, beating expectations by $0.37. The company also raised its 2026 financial targets, projecting revenue of $3.9 billion to $4.2 billion, adj. gross margin of approximately 34%, and adj. EPS of $2.55 to $2.85 – all above analyst estimates. Bloom Energy’s investment story is shifting from a traditional clean energy play toward an AI infrastructure opportunity. Demand from hyperscalers, AI companies, and data center operators is accelerating adoption of Bloom’s solid oxide fuel cell technology, with its Energy Server platforms providing reliable on-site power for chip manufacturers, data centers, and other critical facilities. However, the post-earnings uptick follows a sharp pullback, with the share price contracting by more than half since reaching a record high in June. Now, Clear Street analyst Tim Moore thinks the stock offers an “attractive risk-reward.” The analyst had put the drop down to three overhangs: a broader AI sell-off amid concerns over future spending and valuation levels, permitting delays and rising community opposition to data center expansion due to power and water constraints, and concerns over potential scandium supply disruptions affecting Bloom Energy’s fuel cell deployments. However, now Moore thinks investor enthusiasm could return this year to “drive a re-rating.” Addressing the concerns, the analyst does not view Bloom Energy’s revenue dependence on its strategic project financing partner Brookfield Asset Management or potential scandium sourcing challenges in 2028 as significant risks. The Wyoming project delay is considered temporary, while only a portion of its potential revenue contribution was included in the near-term sales forecast. Similarly, the New Mexico project was not expected to contribute revenue until late 2028, and the recent rejection of a natural gas pipeline application has delayed its development. “We were reassured of BE’s growth trajectory into 2028 following the conference call and the debunking of most of the stock’s overhangs,” Moore summed up. And that merits a new stance. As such, Moore has upgraded his BE rating from Hold to Buy. The analyst’s $290 price target suggests shares will gain 74% in the year ahead. (To watch Moore’s track record, click here) Moore now joins 8 other analysts in the bull camp, while an additional 10 Holds all add up to a Moderate Buy consensus rating. The average price target lands at $285.16, pointing toward 12-month returns of 71%. (See BE stock forecast) ### Related Stocks - [BE.US](https://longbridge.com/en/quote/BE.US.md) - [BEX.US](https://longbridge.com/en/quote/BEX.US.md) - [BEZ.US](https://longbridge.com/en/quote/BEZ.US.md) - [BAM.US](https://longbridge.com/en/quote/BAM.US.md) ## Related News & Research - [Bloom Energy director John T. Chambers disposes of 15,000 shares for $3.75 million](https://longbridge.com/en/news/295985088.md) - [Myriad Asset Management Advisors LLC Takes Position in Bloom Energy Corporation $BE](https://longbridge.com/en/news/295781820.md) - ["AI Reach Is Deeper Than Investors Thought," Says Evercore Analyst About Bloom Energy (BE), Stock Still Falls](https://longbridge.com/en/news/295254124.md) - [Nebius Just Gave Bloom Energy a Big Boost. What It Means for BE Stock.](https://longbridge.com/en/news/296002840.md) - [Bloom Energy-MiTAC Expand On-Site Power Partnership](https://longbridge.com/en/news/295249620.md)