Bloom Energy PT Raised to $110 on Q4 Margin Gains; 2X Short ETF Debuts
Mizuho raised its price target on Bloom Energy to $110 from $89, citing Q4 margin gains from cost reductions and improved capacity utilization. Tradr introduced a 2X Short Bloom Energy Daily ETF targeting –200% of Bloom Energy’s daily performance for active bearish exposure.
1. Mizuho Raises Bloom Energy Price Target to $110
Mizuho hiked its price target on Bloom Energy to $110 from $89 after the company delivered Q4 gross margin accretion driven by cost reductions and improved capacity utilization. Bank of America and UBS also lifted their targets to $71 and $170 following the quarter’s clean beat and strong guidance.
2. Tradr Launches 2X Short Bloom Energy ETF
Tradr introduced a 2X Short Bloom Energy Daily ETF that seeks -200% of the stock’s daily performance, providing active traders with amplified bearish exposure. The launch expands Tradr’s leveraged lineup to 64 ETFs, managing over $2 billion in assets, and targets volatility in clean-energy equities.