There's big fuel cell news in China, and some hope for Enphase, too.
Thursday''s top analyst upgrades and downgrades included Applied Materials, Bloom Energy, Corning, Lam Research, MetLife, PayPal, Plug Power, ServiceNow, Shopify, Spotify Technology and Texas Instruments.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $BE #earnings--Bloom Energy (NYSE: BE) today announced it will release its fourth quarter and fiscal year 2021 financial results on February 10, 2022 after market
Shares of Plug Power Inc. dropped 4.1% toward an 8 1/2-month low in premarket trading Monday,. after Truist analyst Tristan Richardson slashed his price target by nearly 40%, and cut his targets on several other alternative energy stocks, as a result of U.S. policy uncertainty and a broad rotation out of growth equities. For Plug, Richardson kept his rating at hold but cut his stock price target to $27 from $44. He said that while the alternative energy space tends to see seasonal strength around this time, the rising interest rate environment, which is making growth stocks less attractive, and risks associated with supply chain dynamics are also weighing on the sector. Plug''s stock has tumbled 35.6% over the past three months through Friday while the S&P 500 has slipped 3.2%. Among some of the other stocks Richardson cut targets for, he lowered Ballard Power Systems Inc. to $13 from $18, SunPower Corp. to $20 from $35, Bloom Energy Corp. to $20 from $33 and Enphase Energy Inc. to $200 from $290.
Truist torpedoes the fuel cell stocks.
Bloom Energy's strong value proposition to enterprise customers includes lower and more predictable costs, more resilient and reliable power and better ESG profile. Bloom Energy's customer profile is
There's a lot of news in green energy today. Strangely, most of that news is bad.
Bloom Energy stock, a company that sells solid oxide fuel cell generators, has declined by almost 12% over the last week, considerably underperforming the S&P 500 which remains down by about 2% over t

Why Bloom Energy Stock Plunged This Week

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Bloom Energy stock received an analyst upgrade, but investors are focused elsewhere.
An analyst just picked Bloom Energy as a top energy stock.

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Disappointing earnings from FuelCell Energy is weighing on other fuel cell stocks on Wednesday. Here's the skinny on what's going on.
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7 of the Best Long-Term Stocks to Buy in 2022

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With the market going on a roller-coaster ride recently, it's time to strategize for 2022 with these long-term stocks to buy. The post 7 of the Best Long-Term Stocks to Buy in 2022 appeared first on I
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