Baird analyst Ben Kallo reiterated an Outperform rating and $172.00 price target on Bloom Energy Corp. (NYSE: BE).

The analyst comments "Reiterate Outperform. We are buyers of BE at these levels. BE has traded roughly flat (vs. S&P 500 down 3.59%) since the war in Iran began (2/28/26) and has seen very high volatility. We believe the demand backdrop is as strong as ever and expect BE's pipeline to continue growing as hyperscaler customers recognize BE's product as superior and get comfortable with a non-traditional power solution."

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Shares of Bloom Energy Corp. closed at $154.51 yesterday.