Analyst Price Target is $30.50
▲ +52.35% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Bloom Energy in the last 3 months. The average price target is $30.50, with a high forecast of $40.00 and a low forecast of $20.00. The average price target represents a 52.35% upside from the last price of $20.02.
Current Consensus is
The current consensus among 14 contributing investment analysts is to buy stock in Bloom Energy. This Buy consensus rating has held steady for over two years.
Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a power generation platform that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through an electrochemical process without combustion. It serves data centers, hospitals, healthcare manufacturing facilities, biotechnology facilities, grocery stores, hardware stores, banks, telecom facilities and other critical infrastructure applications. 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.