Bloom Energy (NYSE: BE) shares have fallen 28% from their 52-week high, closing at $252.87 on September 4. Analysts' median price target for the next 12 months is $292.50, suggesting a 15.6% gain. Despite the pullback, the company reported its first quarterly net income of $196.2 million in Q2, reversing a year-ago loss, and is expected to benefit from growing AI power demands.