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Bloom Energy posts strong Q2 revenue growth amid AI demand despite mixed analyst price targets.

Company Fundamentals
29 Jul 2026
Gordon Thompson
View Source
Bullish
pluang ai news

Bloom Energy reported a 165.5% revenue increase to $1.07 billion and a 680% jump in operating earnings per share for Q2 2026, driven by rising demand from AI data centers. Despite this strong financial performance, Jefferies lowered its price target to $188, suggesting modest upside, while another analyst set a much higher target of $286, indicating a wide range of market opinions. The company raised its 2026 revenue forecast to $3.9-$4.2 billion. The stock surged 11% after earnings but had fallen 13% the day before due to short-seller pressure.

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