WS Investor
30 Jul 2026, 15:32
Bloom Energy Stock Rises After Mizuho Upgrades Rating to Outperform
Bloom Energy (NYSE: BE) shares climbed approximately 25% on Thursday after Mizuho upgraded the fuel cell and distributed power company to **Outperform** from **Neutral**, while significantly raising its price target.
Mizuho analyst Maheep Mandloi increased the firm's price target to **$285** from **$242**, implying additional upside from current trading levels. The upgrade reflects growing confidence in Bloom Energy's long-term growth prospects as demand for on-site power generation continues to accelerate.
The positive outlook comes as electricity demand from artificial intelligence infrastructure and data centers continues to surge, increasing interest in alternative power solutions that can be deployed more quickly than traditional grid expansions. Bloom Energy's solid oxide fuel cell technology is increasingly viewed as a potential solution for hyperscale data centers seeking reliable, low-emission power.
The upgrade also follows improving investor sentiment toward companies benefiting from AI-driven infrastructure investment. Recent quarters have seen strong demand across the power, electrical equipment and industrial sectors as technology companies continue expanding AI computing capacity.
What to Watch
Following the strong rally, investors will look for continued commercial momentum, particularly new data center contracts and large-scale power deployments. Markets will also monitor upcoming earnings for updates on order growth, backlog, profitability and management's outlook as Bloom Energy seeks to capitalize on rapidly growing demand for distributed energy solutions.
Bloom Energy (NYSE: BE) shares climbed approximately 25% on Thursday after Mizuho upgraded the fuel cell and distributed power company to **Outperform** from **Neutral**, while significantly raising its price target.
Mizuho analyst Maheep Mandloi increased the firm's price target to **$285** from **$242**, implying additional upside from current trading levels. The upgrade reflects growing confidence in Bloom Energy's long-term growth prospects as demand for on-site power generation continues to accelerate.
The positive outlook comes as electricity demand from artificial intelligence infrastructure and data centers continues to surge, increasing interest in alternative power solutions that can be deployed more quickly than traditional grid expansions. Bloom Energy's solid oxide fuel cell technology is increasingly viewed as a potential solution for hyperscale data centers seeking reliable, low-emission power.
The upgrade also follows improving investor sentiment toward companies benefiting from AI-driven infrastructure investment. Recent quarters have seen strong demand across the power, electrical equipment and industrial sectors as technology companies continue expanding AI computing capacity.
What to Watch
Following the strong rally, investors will look for continued commercial momentum, particularly new data center contracts and large-scale power deployments. Markets will also monitor upcoming earnings for updates on order growth, backlog, profitability and management's outlook as Bloom Energy seeks to capitalize on rapidly growing demand for distributed energy solutions.
