Bloom Energy (BE) Stock Is Up 150% in 2026. Can the S&P 500 Boost Push It Further?
TLDR
- Bloom Energy (BE) will join the S&P 500 before the market opens on September 21, 2026.
- BE stock jumped 7.35% following the announcement.
- UBS analyst Manav Gupta raised his price target to $325 from $300, maintaining a Buy rating.
- Bloom Energy has surged over 150% in 2026, fueled by its role in AI data center power supply.
- Wall Street holds a Moderate Buy consensus with an average price target of $269.76.
Bloom Energy (BE) stock climbed 7.35% after S&P Dow Jones Indices confirmed it will join the S&P 500 on September 21, 2026, ahead of the quarterly rebalance.
The move brings fresh institutional attention to a stock that has already gained over 150% since the start of 2026.
UBS analyst Manav Gupta responded quickly, raising his price target on BE to $325 from $300 while keeping a Buy rating. His updated target is based on an 11.25x EV/Sales multiple applied to a 2028 sales estimate of $8.9 billion.
Gupta lifted his multiple by 0.5x specifically to reflect the S&P 500 inclusion, which he says supports a higher long-term valuation for the stock.
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