JPMorgan raises Bloom Energy price target to $346 from $267

JPMorgan analyst Mark Strouse raised his Bloom Energy price target to $346 from $267 on July 21, 2026. His model projects 4.1 gigawatts of fuel capacity in fiscal 2030, supported by Bloom's data center contracts and its tie to Brookfield. The stock rose about 14% intraday on the note.

• Price target raised to $346 from $267
• Projects 4.1 GW of fuel capacity in fiscal 2030
• Cited Bloom's contracts and its Brookfield relationship
• Shares rose about 14% intraday on the day