Key Stats for Bloom Energy Stock
- Price change for Bloom Energy stock in the last 6 months: -79%
- $BE Stock Price as of Jul. 10: $245
- 52-Week High: $351
- $BE Stock Price Target: $283
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
UBS reiterated its buy rating on Bloom Energy (BE) stock this week, even as shares have pulled back more than 20% since late June.
The concern weighing on Bloom Energy stock centers on raw materials, specifically the risk that scandium, a rare element used in Bloom’s fuel cell technology, could become a bottleneck for the company’s growth.
UBS analyst Manav Gupta directly pushed back on that concern. In a Thursday note to clients, he said the recent pullback actually creates an attractive buying opportunity, arguing that fears around raw material sourcing, and scandium specifically, are overstated.
Gupta pointed out that Bloom has developed its own proprietary process to secure the scandium it needs, which helps insulate the company from broader supply constraints that might affect competitors relying on more traditional sourcing methods.
Based on this view, UBS kept its 12-month price target at $350, which implies about 36% upside from Thursday’s closing price.
This vote of confidence comes on the heels of a genuinely strong quarter for Bloom Energy.
- The company posted record Q1 revenue of $751.1 million, up more than 130% year-over-year, marking the first time in Bloom’s history as a public company that quarterly revenue growth topped 100%.
- Gross margin came in at 31.5%,
- Operating income jumped to $129.7 million from just $13.2 million a year earlier.
- Cash flow from operations was positive for the first time in a historically weaker seasonal quarter, coming in at $73.6 million.
Bloom also raised its full-year 2026 guidance significantly, moving its revenue outlook from a prior range of $3.1 billion to $3.3 billion to $3.4 billion to $3.8 billion. At the midpoint, that represents 80% year-over-year growth.
The company also raised its gross margin guidance to approximately 34%, up from 30% in 2025.
A big driver behind this momentum is Bloom’s expanding role in powering AI data centers.
The company recently announced a major deal with Oracle for Project Jupiter, a multi-gigawatt AI facility in New Mexico that will run entirely on Bloom Energy Servers, replacing gas turbines and diesel backup generators.
Company executives say more than half of Bloom’s current data center backlog now comes from other hyperscalers, neoclouds, and colocation providers beyond just Oracle.
See analysts’ growth forecasts and price targets for Bloom Energy stock (It’s free) >>>
What the Market Is Telling Us About Bloom Energy Stock
UBS’s decision to stand firm on its rating suggests the firm sees this pullback as more about investor sentiment than any real change to Bloom’s underlying business or supply chain risk.
With the company’s proprietary scandium sourcing process in place, Gupta’s note frames the raw-material worry as a manageable risk rather than a structural problem.
For investors watching Bloom Energy stock, the combination of a sizable price target, strong recent earnings, and growing demand from AI infrastructure buildouts gives UBS confidence that the recent dip represents an entry point rather than a warning sign.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does Bloom Energy Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
