Oaktree Specialty Lending Corp

Evercore ISI analyst Nicholas Amicucci maintains a Street-high $350 price target on Bloom Energy, implying roughly 71.5% upside from the stock's current $204.02 level. Bloom's Q2 FY2026 revenue surged 165.52% year over year to $1.065 billion, beating estimates by 28.82%, while non-GAAP EPS of $0.78 topped the $0.4066 consensus. Management raised full-year revenue guidance to $3.9 billion to $4.2 billion, about 100% growth at the midpoint. The stock has fallen about 42% from its 52-week high of $351.28, including a 12.12% drop in the past week, despite the strong results. Evercore's bull case rests on Bloom's speed-to-power advantage for data centers, expansion into rack manufacturing and semiconductor testing, and capital validation from Brookfield's expanded $25 billion financing shelf plus a separate $2.6 billion facility anchored by Oaktree, MUFG, and Morgan Stanley.

Oaktree Specialty Lending reported second-quarter results that beat analyst profit estimates, driven by lower non-accruals and successful portfolio workouts. Revenue fell 7.8% year on year to $69.43 million, matching expectations, while adjusted earnings per share of $0.37 exceeded the consensus of $0.36. Non-accruals declined to approximately 1.8% of the debt portfolio at fair value after the company exited five troubled positions, including recovering over 80% of its loans to Amazon aggregator Thrasio. Management maintained a conservative net leverage of 1.02x and emphasized disciplined underwriting amid a slower private credit market.