Bloom Energy Corp (NYSE:BE) is trading 5.6% higher at $319.81, reversing course from early premarket losses after announcing plans to expand its partnership with finance firm Brookfield. The pair will reach a value of $25 billion, with the intention to create rapid power for AI infrastructure—more than five times the original $5 billion plan.
In response several analysts have chimed in, including price-target hikes from Roth Capital and UBS to $285 and $350, respectively. 15 of the 26 in coverage sport a "hold" or "strong sell" rating, while the average 12-month price target sits at a 12.8% deficit to current levels. In other words, there is ample room for more bullish at tention moving forward.
BE has been an avid outperformer on the charts in 2026, up 260% and touching a fresh record high of $351.25 on June 25. Since May most of the stock's pullbacks have been contained by the $250 floor, with added support stemming from the ascending 60-day trendline.
Options traders have been bearish as well, leaving more room for bulls should this attention begin to unwind. Specifically, at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), Bloom Energy stock's 10-day call/put volume ratio of 1.62 ranks in the highest possible percentile of its annual range.
In fact, bulls look to have already begun entering the ring, with 30,000 call contracts across the tape already today. This is double the average intraday rate, with the most attention seen at the August 330 call, where selling activity has been detected.
Short interest accounts for a hefty 11.1% of the stock's available float. At BE's average daily trading pace, it would take short sellers nearly three days to buy back these bearish bets.
Lastly, the equity carries a Schaeffer's Volatility Scorecard (SVS) of 86 out of 100. This suggests the equity has consistently realized higher-than-expected volatility over the past 12 months.
