Bloom Energy Up 52% Since Pelosi's Bottom Buy: What Does She Know?

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.

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