Bloom Energy shares gain 52% since Pelosi's July purchase

Bloom Energy (BE) stock has risen about 52% from July 28, according to a congressional filing. That date marks when the Pelosi household completed its second publicly reported purchase of Bloom shares.

The Pelosi household purchased 15,000 shares and 200 call options in two separate trades during July. The filing, which carries an August 21 date, additionally revealed fresh Intel holdings.

A Downturn Then a Recovery

Before Pelosi's initial purchase on July 24, Bloom shares had dropped 43% over the prior month. A short seller report along with broader AI-linked volatility fueled that decline.

In late July the stock bottomed around $163, just before the second purchase settled at $166.84 on July 28.

The timing coincided with Bloom's second-quarter results. Revenue hit $1.065 billion, a 165.5% increase from a year earlier, marking the company's first quarter above the $1 billion threshold.

Management lifted its full-year outlook to between $3.9 billion and $4.2 billion, pointing to demand from AI data center clients.

Why the Timing Still Draws Attention

The trades rank among the most closely followed congressional transactions of 2026. Even so, analysts point to nearly 40% upside in the position.

Bloom's investment case revolves around the AI power bottleneck. The company's fuel cells enable data centers to obtain electricity without spending years waiting for grid improvements.

By contrast, company insiders offloaded approximately 144,000 shares in the last quarter, valued at around $38.5 million, per disclosed filings. Bloom's valuation also stays high by certain metrics.

Quiver Quantitative, a platform that monitors congressional stock trades, calculates Pelosi's cumulative return at roughly 965% since 2014. That performance has historically invited comparisons with other leading traders.

Her office, however, stated in a release that she does not personally oversee the household's trading decisions.

Bloom Energy is set to enter the S&P 500 on September 21, a move that may attract additional index-fund purchases. The rally's continuation will probably hinge on the company executing its project pipeline, rather than on any household's trading activity.