Two sell-side firms lifted BE’s price targets based on quarterly outperformance (revenue/margins) and updated outlook, which can support near-term momentum though it’s not an earnings release itself.
Barclays and BTIG Raise Price Targets on Bloom Energy (BE) Following Strong Quarter and Oracle Partnership Sheryar Siddiq Mon, June 1, 2026 at 4:03 PM GMT+2 2 min read BE ORCL Bloom Energy Corporation (NYSE: BE ) ranks among the top hydrogen stocks to buy now . On May 11, Barclays boosted the price target for Bloom Energy Corporation (NYSE:BE) to $254 from $177, while keeping an Equalweight rating on the company’s shares. The firm raised its price target in response to the company’s quarterly revenue and margin performance, which surpassed estimates.
Barclays analyst Christine Cho remarked that the company is changing its model to raise numbers over the course of its estimate. The adjustment represents a quarterly beat in top line and margins, a boost in forecasts for 2026, and management comments on the longer-term prospects. Meanwhile, on April 29, BTIG boosted its price target for Bloom Energy Corporation (NYSE:BE) to $295 from $165 while keeping a Buy rating for the company.
In addition to its first-quarter 2026 results, the firm highlighted an expanded cooperation with Oracle Corp. Bloom Energy Corporation (NYSE:BE) struck a master services deal with Oracle for as much as 2. 8 gigawatts of fuel cells and granted Oracle a warrant for roughly 3.
5 million shares. Bloom Energy Corporation (NYSE:BE) manufactures and installs power production platforms based on solid oxide fuel cells. Bloom Energy Server turns conventional low-pressure natural gas or biogas into electricity using an electrochemical method that does not include combustion.
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