TD Cowen moves Bloom Energy stock to Hold rating

Published on 10/07/2026 at 16:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 1.07 billion, up 165.50 percent year over year. Bloom Energy stock cost EUR 261.00 on October 7, 2026 versus EUR 263.00.

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Bloom Energy (ISIN US0937121079) was trading at EUR 261.00 at Lang & Schwarz on October 7, 2026 at 4:00 p.m. CEST, down 0.76 percent from the prior close of EUR 263.00. TD Cowen moved Bloom Energy stock to a Hold rating in a report dated October 6, 2026, according to MarketBeat. The rating change comes as the company trades on rapid revenue growth and a demanding valuation.

Second-quarter revenue reaches USD 1.07 billion

Bloom Energy reported second-quarter revenue of USD 1.07 billion, up 165.50 percent from the prior-year quarter, while adjusted earnings per share reached USD 0.78 versus USD 0.39 expected, MarketBeat reported on October 6, 2026.

The operating figures add scale to that comparison. Second-quarter gross margin was 33.40 percent versus 26.70 percent a year earlier, and operating income reached USD 182.20 million versus a USD 3.50 million operating loss, according to Yahoo Finance.

Guidance raises the execution bar

Bloom Energy raised its 2026 revenue guidance to USD 3.90 billion to USD 4.20 billion, compared with the previous range of USD 3.40 billion to USD 3.80 billion, Yahoo Finance reported on October 7, 2026. The midpoint therefore moved from USD 3.60 billion to USD 4.05 billion, a USD 450.00 million increase.

That outlook leaves the next quarters responsible for converting demand into shipments and revenue. The combination of 165.50 percent annual revenue growth and a 33.40 percent gross margin gives the stock a strong operating narrative, while the size of the valuation makes delivery against guidance central to the debate.

Analyst targets diverge from the Hold rating

MarketBeat said TD Cowen shifted its view to Hold, while Royal Bank of Canada maintained an Outperform rating and a USD 335.00 price target dated September 28, 2026. The same report placed the analyst consensus at Moderate Buy with an average target of USD 257.18, a materially lower figure than the RBC target.

Bloom Energy's market capitalization was USD 85.8 billion on October 7, 2026. The stock's USD 75.70 to USD 351.28 52-week range places the Lang & Schwarz euro quote in a market context where expectations remain elevated.

Stock trades below its yearly high

Bloom Energy was trading at EUR 261.00 at Lang & Schwarz on October 7, 2026 at 4:00 p.m. CEST, down 0.76 percent versus the Lang & Schwarz prior close of EUR 263.00 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Bloom Energy stock.