▼ -30.06% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Bloom Energy in the last 3 months. The average price target is $17.50, with a high forecast of $24.00 and a low forecast of $8.00. The average price target represents a -30.06% upside from the last price of $25.02.
The current consensus among 7 polled investment analysts is to hold stock in Bloom Energy. This Hold consensus rating has held steady for over two years.
Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation. It offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas, biogas, or hydrogen into electricity through an electrochemical process without combustion. The company serves banking and financial services, cloud services, technology and data centers, communications and media, consumer packaged goods and consumables, education, government, healthcare, hospitality, logistics, manufacturing, real estate, retail, and utilities industries. It primarily operates in the United States, Japan, China, India, and the Republic of Korea. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006. Bloom Energy Corporation was founded in 2001 and is headquartered in San Jose, California.