Bloom Energy Corp. (BE) PT Raised to $351 at Mizuho

Mizuho analyst Maheep Mandloi raised the price target on Bloom Energy Corp. (NYSE: BE) to $351.00 (from $242.00) while maintaining a Outperform rating.

The analyst comments "We increase our PT 45% to $351 driven by two developments: (1) stronger pricing and demand signals that support higher long-term ASPs and EBITDA margins, and (2) improving visibility into key 2H26 and 2027 deliveries despite ongoing permitting uncertainty. Recent project updates in New Jersey and New Mexico increase our confidence that current delays are more likely timing issues than demand issues. We retain our Outperform rating."

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