New York, Jan 28, 2026, 13:05 (ET) — Regular session
Shares of Bloom Energy Corp climbed almost 8% Wednesday, building on a strong rally fueled by updated analyst price targets. At 1:05 p.m. ET, the stock traded up 7.8% at $164.18, having peaked earlier at $164.64.
Bloom is off to a strong start in 2026, boosted by investor appetite for energy solutions that power data centers and support on-site generation. “Bloom is well-positioned to capture high market share if it can increase its production capacity quickly enough this year,” analysts at Clean Street said. 1
China Renaissance kicked off coverage with a Buy rating and set a $207 price target. Barclays came in with an Equal Weight rating and a $153 target, according to published reports. 2
Barclays highlighted Bloom’s solid-oxide fuel cells as a “compelling alternative” for on-site power generation, noting cost declines and fast market entry. However, the bank cautioned that the stock’s current valuation already reflects “meaningful scale-up,” limiting further upside. 3
Jack Zhou of China Renaissance kicked off coverage on Bloom this Wednesday, according to StreetInsider. 4
Jefferies analyst Dushyant Ailani bumped his price target to $92 from $53 on Jan. 26 but kept an “Underperform” rating, according to a report on the note. The firm pointed to stronger 2026 revenue expectations, driven by orders from American Electric Power and Quanta. 5
Baird lifted its price target to $172 from $157, maintaining an Outperform rating. The firm anticipates the upcoming guidance will be conservative yet still align with consensus expectations. 6
Bloom promotes its Energy Server as an on-site power source that turns fuels like natural gas, biogas, and hydrogen into electricity—all without combustion. The firm claims these systems can be up and running in as little as three months. 7
Fuel-cell stocks saw a split session, as Plug Power climbed roughly 4.9%, while FuelCell Energy slipped 1.4%.
That rally has also raised the stakes if growth projections falter. Barclays warned that Bloom’s current share price suggests deliveries will hit around 5 gigawatts by decade’s end — nearly 10 times its forecast for 2025. Such rapid scaling leaves very little margin for error. 8
Bloom is set to release its fourth-quarter results on Feb. 5, right after the market closes. Investors will zero in on the 2026 guidance, cash consumption, and any updates about manufacturing capacity. The focus is on how the company plans to turn its strong utility and data-center demand into actual shipped megawatts. 9
