Morningstar projects Bloom Energy stock forecast upside if cost-per-kilowatt for fuel cell systems declines faster than expected. Margins could expand from 21% to 26% by late 2024, improving valuation metrics. Now, it’s worth noting Stock Advisor’s total average return is 1,062 % — a market-crushing outperformance compared to 189% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . A massive analyst upgrade amid evidence that Bloom Energy is witnessing higher demand for its hydrogen fuel cells sent the stock skyrocketing. The company’s recent Q4 earnings beat consensus estimates, prompting upgrades in Bloom Energy stock forecast models. Increased gross margins signal operational efficiency gains.
