Bloom Energy raises 2026 guidance. BMO targets Bloom Energy stock at USD 260.00

Published on 10/26/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 1.24 billion, up 138.10 percent year over year. Bloom Energy stock costs EUR 172.70 on October 26, 2026.

Guidance and analyst targets

Bloom Energy reported USD 1,235.8 million in third-quarter revenue on October 22, 2026.
Full-year 2026 revenue guidance stands at USD 4.4 billion to USD 4.6 billion.
Bloom Energy stock trades at EUR 172.70 at 10:30 a.m. CET at Lang & Schwarz on October 26, 2026.
BMO Capital raised its target from USD 227.00 to USD 260.00 on October 21, 2026.

BE, US0937121079, Illustration mit AI erstellt.

Bloom Energy (ISIN US0937121079) was trading at EUR 172.70 at Lang & Schwarz on October 26, 2026 at 10:30 a.m. CET. The company reported record third-quarter revenue and raised its full-year outlook on October 22, 2026, according to Bloom Energy.

Revenue sets a new benchmark

Revenue for the third quarter of 2026 reached USD 1,235.8 million, up 138.10 percent from USD 519.0 million in the third quarter of 2025. Product revenue rose 179.40 percent to USD 1,073.6 million, making it the main driver of the quarterly increase.

GAAP operating income reached USD 225.4 million in the third quarter of 2026, compared with USD 7.8 million in the third quarter of 2025. GAAP diluted earnings per share were USD 0.78, while adjusted diluted earnings per share were USD 0.94, according to the company release.

What changed in the third quarter?

Bloom Energy raised full-year 2026 revenue guidance to USD 4.4 billion to USD 4.6 billion, a midpoint of USD 4.5 billion. The company also set adjusted operating income guidance at USD 960 million to USD 1.03 billion and adjusted earnings per share guidance at USD 3.10 to USD 3.40.

The chronology is clear. On October 21, 2026, BMO Capital raised its Bloom Energy target from USD 227.00 to USD 260.00 while keeping an Outperform rating, as reported by Markets Insider. On October 22, 2026, Bloom Energy reported USD 1,235.8 million in third-quarter revenue. On October 22, 2026, it raised full-year revenue guidance to USD 4.4 billion to USD 4.6 billion.

Cash conversion remains a key counter-factor. Operating cash flow was negative USD 27.1 million in the third quarter of 2026, while capital expenditure was USD 153.5 million, according to the company release. The growth figures therefore come with a substantial investment requirement.

Analyst targets stay divided

MarketBeat reported on October 24, 2026 that Wall Street Zen cut its rating from Buy to Hold. The same report cited a broader average target of USD 258.36 and noted that quarterly results included adjusted earnings per share of USD 0.94, compared with a USD 0.69 consensus estimate, according to MarketBeat.

Stock and market context

Bloom Energy is listed on the NYSE and was added to the S&P 500, according to the October 22 company release. Its business centers on solid oxide systems for onsite electricity and hydrogen generation, giving the quarterly revenue increase a direct link to the companys distributed-power strategy.

At Lang & Schwarz, Bloom Energy stock was trading at EUR 172.70 on October 26, 2026 at 10:30 a.m. CET. The primary-market quote was USD 193.30 at the latest finance snapshot dated October 23, 2026, while the reported 52-week range was USD 75.70 to USD 351.28.

The investor perspective is balanced: guidance and margins have improved sharply, but cash use and execution now matter alongside the reported growth.