Bloom Energy raises 2026 guidance as BMO targets USD 260 for Bloom Energy stock
Published on 10/23/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGuidance and quarterly growth
- Bloom Energy raised 2026 revenue guidance to USD 4.4 billion-USD 4.6 billion on October 22, 2026.
- Third-quarter revenue reached USD 1.24 billion, up 138.10 percent year over year.
- Bloom Energy stock trades at EUR 194.90 at 11:10 a.m. CEST at Lang & Schwarz on October 23, 2026.
Bloom Energy raised its full-year 2026 revenue guidance to USD 4.4 billion-USD 4.6 billion after reporting third-quarter revenue of USD 1,235.8 million, up 138.10 percent year over year. The stock was trading at EUR 194.90 at Lang & Schwarz on October 23, 2026, at 11:10 a.m. CEST. The company also said it had been added to the S&P 500. Bloom Energy published the results on October 22, 2026.
Guidance rises with quarterly revenue
The revised revenue range represents 122.00 percent year-over-year growth at its midpoint. Bloom Energy also projected non-GAAP operating income of USD 960 million-USD 1.03 billion and non-GAAP diluted earnings per share of USD 3.10-USD 3.40 for full-year 2026.
Third-quarter GAAP gross margin was 33.80 percent, compared with 29.20 percent in the year-earlier quarter. GAAP operating income reached USD 225.4 million, while net income attributable to common stockholders was USD 250.3 million, compared with a loss of USD 23.1 million in the third quarter of 2025, according to Bloom Energy.
Three dates shape the stock
On October 16, 2026, Truist Financial raised its price target from USD 218.00 to USD 240.00 while keeping a Hold rating, as MarketBeat reported. On October 21, 2026, BMO Capital assigned a Hold rating and a USD 260.00 target, according to Markets Insider. On October 22, 2026, Bloom Energy released its third-quarter results and raised its 2026 outlook.
What does 138.10 percent growth change?
The revenue jump puts execution and delivery timing alongside valuation at the center of the investor debate. Bloom Energy used USD 27.1 million in operating cash flow during the third quarter, even as net income reached USD 249.0 million, according to the company's results. That contrast leaves cash conversion as a concrete counterpoint to the stronger income statement.
Stock price and investor view
Bloom Energy's systems provide onsite electricity and hydrogen generation for commercial and industrial customers. Its primary listing is on the NYSE under ticker BE, and the company joined the S&P 500 with the results announcement. The current price is an intraday indication for German investors, while the latest guidance and quarterly figures provide the fundamental context.
Bloom Energy was trading at EUR 194.90 at Lang & Schwarz on October 23, 2026, at 11:10 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Bloom Energy stock.
Bloom Energy stock facts
- Company: Bloom Energy Corporation
- ISIN: US0937121079
- Ticker: BE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 11:10 a.m. CEST): EUR 194.90
- Market capitalization: USD 69.7 billion (as of October 16, 2026)
- 52-week range: USD 75.70-USD 351.28 (as of October 16, 2026)
- Sector / Industry: Industrials / Electrical Equipment & Parts
- Index membership: S&P 500
Market context: Market report S&P 500.
