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Pathikrit Bose

Bloom Energy Is Already Up 240% in 2026, but RBC Analysts Still Think It Has Room to Run

Bloom Bloom Energy RBC Be Hydrogen RBC Capital

Analysts at financial services firm RBC Capital continues to believe that Bloom Energy (BE) will keep on blooming. The firm maintained a “Buy” rating on the stock with a price target of $335, which denotes an upside of 17.1% from current levels.

Initiating coverage on the company in July 2023 with an “Outperform” rating, with the rationale of decarbonization tailwinds and strong fuel cell demand. Now, the massive power demand required for the AI infrastructure buildout has been cited as the reason for the bullishness.

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