On October 2, Bloom Energy Corp rose 3.75% in regular trading, trading at $294.88/share, with turnover of $530 million. The gain was primarily catalyzed by Barclays raising its price target on Bloom Energy from $276 to $308 while maintaining an Equal Weight rating.

Barclays is the second major investment bank to raise its target in recent sessions, following Jefferies, which earlier lifted its target from $229 to $264 while maintaining a Hold rating. According to FactSet, the consensus analyst mean price target stands at $287.26, with an overall Overweight rating. The successive upgrades reflect growing institutional recognition of the company's near-term revenue trajectory, supported by an in-hand order backlog of approximately 10GW and plans to expand production capacity to 2GW by year-end.

Separately, Bernstein previously clarified that Oracle's Project Jupiter contract terms remain unchanged, with the project delay attributed to Energy Transfer's gas pipeline right-of-way approval issues rather than any Bloom Energy equipment delivery obstacle, alleviating a key overhang that had weighed on shares in late September.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)