Bloom Energy: Not Pricing In Capacity Upside
Update - Nov. 5, 2026 Wild to see BE down 15% today after the good news from CA and the analyst upgrade. If anything, Bloom Energy will be in more demand going forward. Note, the potential 1 GW deal in CA alone is nearly equal to 2026 sales. -Bloom Energy popped 8.9% in Tuesday's trading after Barclays upgraded the stock and the company unveiled a potential large-scale power partnership with California Resources Corp. to evaluate the potential development of at least 1 GW of fuel cell power generation paired with carbon capture and storage in the state. -Barclays upgraded Bloom (BE) to Overweight from Equal Weight with a $289 price target, saying demand appears to be inflecting more sharply than previously expected, as customer deposits increased from $78M in year-end 2025 to $661M in Q3 2026, including a ~$300M sequential increase in Q3 alone. Original article posted on Oct. 24 Bloom Energy delivered blockbuster Q3 '26 results, guiding up for Q4 and projecting robust ...