Susquehanna and Jefferies Lower Bloom Energy (BE) Price Targets Ahead of Q1 Earnings

Bloom Energy Corporation (NYSE:BE) is one of the 10 Best Performing AI Stocks to Buy. On April 9, Susquehanna lowered its price target on Bloom Energy Corporation (NYSE:BE) from $176 to $173 and maintained a Positive rating on the stock. The research firm is updating its estimates and price targets for alternative energy stocks ahead of Q1 earnings.

This update comes after Bloom Energy Corporation (NYSE:BE) reported a record revenue of $2.2 billion for the full year 2025. This strong performance was driven by significant growth in the AI data center sector and continued strength in the commercial and industrial (C&I) business. The company also achieved its highest-ever full-year gross margin and saw its product backlog grow 2.5 times compared to the previous year. When Bloom Energy Corporation (NYSE:BE) reported its Q4 and full-year 2025 results, total product backlog stood at around $6 billion.

Susquehanna and Jefferies Lower Bloom Energy (BE) Price Targets Ahead of Q1 Earnings

Earlier, on March 27, Jefferies also reduced its price target on Bloom Energy Corporation (NYSE:BE) from $102 to $97 and kept an Underperform rating on the stock.

The research firm forecasts Q1 to reflect steady execution in line with FY26 guidance. However, Jefferies expects to see limited incremental catalysts. The firm also noted that expectations for Bloom Energy Corporation (NYSE:BE) remain high, “making this uniquely risky.”

Bloom Energy Corporation (NYSE:BE) designs and manufactures fuel cell systems for on-site power generation for data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors.

While we acknowledge the risk and potential of BE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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