Analyst Price Target is $16.11
▼ -23.79% Downside Potential
This price target is based on 19 analysts offering 12 month price targets for Bloom Energy in the last 3 months. The average price target is $16.11, with a high forecast of $23.00 and a low forecast of $7.00. The average price target represents a -23.79% upside from the last price of $21.14.
Current Consensus is
Moderate Buy
The current consensus among 19 contributing investment analysts is to moderate buy stock in Bloom Energy. This rating changed within the last month from a Hold consensus rating.
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 solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion. It sells its products through direct and indirect sales channels to utilities, data centers, agriculture, retail, hospitals, higher education, biotech, and manufacturing industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
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