New York, Feb 25, 2026, 2:57 PM EST — Regular session
- Bloom Energy shares climbed roughly 6.8% in afternoon trading, pushing this year’s rally even further.
- Citigroup initiated coverage with a Neutral rating and set a $162 price target—lower than the stock’s current level.
- Director Jeffrey Immelt has gifted 4,000 shares, according to a recent SEC filing.
Shares of Bloom Energy surged again Wednesday, climbing roughly 6.8% to $177.46 by the afternoon. The fuel-cell company’s stock has now more than doubled year-to-date, extending its record-breaking run. Marketscreener
This comes after a two-day rally, which drew in momentum traders and kicked off new debates about valuation, spurred by a series of bullish research notes. The stock touched an intraday high of $180.79 on Wednesday, based on published price data. Investing
Citigroup launched coverage Tuesday, assigning a Neutral rating and setting the price target at $162. That’s where analyst Vikram Bagri expects the stock could land over the next year. Bagri pointed to “strong uptake” for Bloom’s product amid rising power demand, but after the recent rally, he views the shares as fully priced. Tipranks
MT Newswires flagged that Bloom carries an average rating of overweight, with analysts polled by FactSet setting a mean price target at $146.67. That’s already under Wednesday’s market price. Moomoo
Another set of analyst projections lined up with that trend. According to Fintel data released by Nasdaq on Tuesday, Bloom’s average 12-month price target moved up to $146.42—an increase from the estimate set earlier this month. Nasdaq
Insider filings caught traders’ notice, too. Director Jeffrey R. Immelt disclosed in a Form 4 submitted Feb. 23 that he made a bona fide gift of 4,000 Class A shares, with the transaction dated Feb. 19. Sec
Bloom offers solid-oxide fuel-cell systems and electrolyzers, marketing them as on-site power sources that can roll out quicker than waiting for new grid hookups in certain regions. That pitch leaves the stock quick to react to any news involving big electricity-consuming sectors, like data centers. Bloomenergy
That setup comes with risk in both directions. The stock sits higher than Citi’s target, outpacing the wider analyst consensus as well. If order flow stumbles, projects slip behind schedule, or financing gets tougher, shares—already reflecting plenty of optimism—could quickly feel the impact.
Investors eye Bloom’s upcoming earnings—set for May 6, according to Business Insider’s market calendars—along with any fresh analyst calls that could either back up the stock’s momentum or sharpen the focus on valuation risk. Businessinsider
