Mizuho Says Bloom Energy Stock Is a ‘Buy.’ Here’s Why, and Whether You Should Snap Up BE Here.

Leading broker Mizuho upgraded the stock of energy infrastructure services provider Bloom Energy (BE) to an "Outperform" rating following its solid Q2 2026 results. Highlighting the company's revenue and shipments that were above its expectations, Mizuho reckons Bloom to be "a differentiated onsite power solution, supported by its time-to-power advantage, greater than $27B financing capacity, validation from all major U.S. hyperscalers, and a backlog that continues to outgrow revenue."

The price target was, however, reduced to $242 from $285 as service revenues were not up to the mark. Still, the price reflects an upside potential of about 11% from current levels.

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Founded in 2001, Bloom is a unique energy company that specializes in manufacturing solid oxide fuel cell (SOFC) systems. These cells generate electricity on-site for customers and thus have become increasingly relevant for hyperscale data centers and AI companies that are perpetually energy-starved. The company also makes solid oxide electrolyzers (SOECs) for hydrogen production, another paradigm of renewable energy that is gaining major traction worldwide.

Valued at a market cap of $58.5 billion, BE stock has been on a roll this year, rallying 152%. And like many new-age energy companies, Bloom also does not pay any dividends.

So, now that Mizuho has given its endorsement for Bloom, does that seal its fate as a sound investment? Or are there any possible cracks in the thesis? Let's analyze.

AI is making the world go round, and if your company is providing them with a valuable commodity like clean energy, investors will be running towards the stock. That is what Bloom has been experiencing in recent times. This is reflected in the company's fundamentals as well.