Barclays raises target for Bloom Energy stock to USD 308.00

Published on 10/06/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 1.07 billion, up 165.50 percent year over year. Bloom Energy stock is EUR 257.00 on October 6, 2026 versus EUR 256.25.

BE, US0937121079, Illustration mit AI erstellt.

Bloom Energy stock is at EUR 257.00 at Lang & Schwarz on October 6, 2026 at 9:38 a.m. CEST, up 0.29 percent versus the prior close of EUR 256.25. As Investing.com reported on October 1, 2026, Barclays raised its price target for Bloom Energy from USD 276.00 to USD 308.00 while keeping an Equal-Weight rating.

Barclays sees capacity expanding

Barclays linked the target increase to Bloom Energy's acquisition of a second manufacturing facility in Fremont, California. The analysis said the additional site could lift production capacity from 5-6 gigawatts to 10-12 gigawatts, although supply-chain execution remains an important condition for that expansion.

The same Barclays update also pointed to a 500-megawatt natural-gas fuel-cell provision in Ameren Missouri's 20-year integrated resource plan. The filing could broaden Bloom Energy's addressable market from behind-the-meter installations toward front-of-the-meter utility generation, but the filing did not name Bloom as the supplier.

Revenue clears USD 1 billion

Bloom Energy's second-quarter 2026 revenue reached USD 1.07 billion, up 165.50 percent from USD 401.20 million in the second quarter of 2025. Yahoo Finance reported on October 5, 2026, that the quarter was Bloom Energy's first above USD 1 billion and that management raised fiscal 2026 revenue guidance to USD 3.90 billion-USD 4.20 billion.

The midpoint of that guidance is USD 4.05 billion, compared with the earlier midpoint of USD 3.60 billion. That USD 450.00 million increase gives the valuation story a measurable operating test: the company must convert signed demand and new bookings into deliveries during the second half of fiscal 2026.

Valuation leaves little room for delay

On the NYSE, Bloom Energy was last at USD 286.65 on October 5, 2026 at 4:00 p.m. ET, with a 52-week range of USD 75.70 to USD 351.28 and a market capitalization of USD 84.4 billion. The euro quote is therefore close to the upper end of the current trading range, while Barclays' USD 308.00 target remains a separate U.S. dollar reference.

Execution decides the next move

For investors, the key tension is visible in the numbers. Revenue growth of 165.50 percent and the higher USD 3.90 billion-USD 4.20 billion fiscal 2026 outlook support the capacity investment, while the reliance on large equipment deliveries makes execution central to the thesis.

Bloom Energy develops solid-oxide fuel-cell systems for on-site power generation and hydrogen technologies. Stock Analysis identifies the company as Bloom Energy Corporation, ticker BE, listed on the NYSE, with ISIN US0937121079 and an Electrical Equipment and Parts industry classification.

Bloom Energy stock holds above its prior close

At Lang & Schwarz, Bloom Energy stock was trading at EUR 257.00 on October 6, 2026 at 9:38 a.m. CEST, up 0.29 percent versus the EUR 256.25 prior close of October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Bloom Energy stock.