JPMorgan and Susquehanna Both Boost Bloom Energy Price Targets: Is the Data Center Power Play Heating Up?

Two large Wall Street firms raised the barroom connected Bloom Energy (NYSE:BE) banal contiguous pursuing a blowout quarter. JPMorgan lifted its BE banal terms people to $267 from $231 portion keeping an Overweight rating, and Susquehanna boosted its people to $293 from $173 with a Positive rating. The dual terms people rise marks a wide organization endorsement of Bloom Energy banal arsenic a halfway AI infrastructure powerfulness play.

For prudent investors, the connection is that Bloom Energy's on-site substance compartment powerfulness has moved from a niche concern offering to a strategical plus for hyperscalers racing to plug AI workloads into the grid. The question present is whether the information halfway powerfulness thesis tin support compounding from here. For broader discourse connected AI powerfulness demand, spot our caller sum of the information halfway energy crunch.

The Analyst's Case

JPMorgan points to Bloom Energy's Q1 2026 results being good supra expectations and a fiscal twelvemonth (FY) 2026 guidance summation that arrived lone 2 months aft the anterior update. The steadfast sees borderline leverage gathering arsenic the concern scales.

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Susquehanna echoes that view, citing Bloom Energy's bushed connected gross and net earlier interest, taxes, depreciation, and amortization (EBITDA), driven by stronger deliveries and margins. Bloom Energy's absorption told the expert steadfast that the request situation is accelerating arsenic information centers pursuit immoderate disposable power, with the FY gross midpoint present astatine $3.6 billion.

Company Snapshot

Bloom Energy designs coagulated oxide substance compartment systems that present on-site, 24/7 energy for commercialized and concern customers. Q1 2026 gross jumped to $751.05 million, up 130.4% twelvemonth implicit twelvemonth (YoY), with non-GAAP net per stock of $0.44 versus $0.13 expected.