Mizuho hikes Bloom Energy's PT on pricing, demand strength
BE•Mizuho raises price target on Bloom Energy
** Mizuho raises price target for fuel-cell maker Bloom Energy BE.N to $351 from $242
** New PT represents upside of 27.3% to stock's last close on Friday
** Brokerage says PT increase was driven by stronger pricing and demand signals that support higher long-term average prices and core profit margins, along with improving visibility into key 2H26 and 2027 deliveries despite permitting uncertainty
** "Recent project updates in New Jersey and New Mexico increase our confidence that current delays are more likely timing issues than demand issues," Mizuho says
Brokerage sees limited concern on turbine-blade manufacturing
** On turbine-blade manufacturing, brokerage says investor concerns are overstated as expanding qualified turbine-blade manufacturing capacity would likely take years due to strict certification requirements and limited skilled-labour pool
** 17 out of 31 brokerages rate stock "buy" or higher, 13 "hold" and 1 "sell", their median PT is $295 - data compiled by LSEG
** As of last close, BE shares up 217.4% YTD
