Bloom Energy (BE) shares have climbed roughly 52% since July 28. That is the day the Pelosi’s household made its second disclosed Bloom Energy purchase, a congressional filing shows.
The household bought 15,000 shares and 200 call options across two trades in July. The same filing, dated August 21, also disclosed new Intel holdings.
A Rough Patch, Then a Rebound
Bloom shares had fallen 43% in the month before Pelosi’s first purchase on July 24. A short seller report and broader AI-related volatility drove the slide.
The stock’s low was around $163 in late July. That came just before the second purchase closed at $166.84 on July 28.
The timing overlapped with Bloom’s second-quarter results. Meanwhile, revenue reached $1.065 billion, up 165.5% year over year. It was the company’s first quarter above $1 billion.
Management raised full-year guidance to a range of $3.9 billion to $4.2 billion. The company cited demand from AI data center customers.
Why the Timing Keeps Drawing Attention
The purchases have become one of 2026’s most-watched congressional trades. Still, analysts now flag nearly 40% upside in the position.
Bloom’s pitch to investors centers on the AI power bottleneck. Its fuel cells let data centers add electricity without waiting years for grid upgrades.
In contrast, company insiders sold about 144,000 shares last quarter, worth roughly $38.5 million, according to disclosed filings. Bloom’s valuation also remains rich by some measures.
Quiver Quantitative, a site that tracks congressional stock trades, estimates Pelosi’s cumulative return near 965% since 2014. Historically, that track record has drawn comparisons to other top traders.
Nonetheless, a statement from her office said she does not personally direct the household’s trades.
Bloom Energy joins the S&P 500 on September 21, a change that could pull in extra index-fund buying. Whether the rally continues will likely depend on Bloom completing its project backlog, not on any household’s trade.
