Average Price Target: $30.44
▲ +23.51% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Bloom Energy in the last 3 months. The average price target is $30.44, with a high forecast of $43.00 and a low forecast of $8.00. The average price target represents a 23.51% upside from the last price of $24.65.
The current consensus among 11 investment analysts is to buy stock in Bloom Energy. This rating has held steady since November 2020, when it changed from a Hold consensus rating.
Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation in the United States, Japan, China, India, and the Republic of Korea. The company offers Bloom Energy Server, a power generation platform that converts standard low-pressure natural gas, biogas, or hydrogen into electricity through an electrochemical process without combustion. It serves hospitals, healthcare companies, retailers, and data centers. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.