Pelosi's Bloom Energy (BE) Stake Is Up 52% Since July 28 Bottom Buy

Pelosi's July Buy, 52% Later

Bloom Energy (BE) shares have climbed roughly 52% since July 28 — the day the household of former House Speaker Nancy Pelosi completed its second disclosed purchase of the stock, a congressional filing shows. The filing, dated August 21, records 15,000 shares and 200 call options bought across two trades in July, and also discloses newly opened Intel holdings. The purchases landed after a punishing drawdown: BE had fallen 43% in the month before the first purchase on July 24, pressed by a short seller report and volatility sweeping AI-linked equities — a cohort that spans everything from chip designer Arm Holdings to the 3x leveraged SOXL ETF. The stock bottomed near $163 in late July, just before the second trade closed at $166.84 on July 28. From there the recovery has been steep, and the TradingView chart for NYSE-listed BE shows the scale of the move since that second buy. The timing has made the position one of the most-watched congressional trades of 2026, with analysts now flagging nearly 40% of further upside in the stake. Her office has said she does not personally direct the household's trades, a caveat that has done little to blunt the attention.

Record Quarter Fuels the Rebound

The fundamental backdrop reinforced the timing. Bloom's second-quarter results, which landed as the second purchase closed, showed revenue of $1.065 billion, up 165.5% year over year — the company's first quarter above the $1 billion mark. Management raised full-year guidance to a range of $3.9 billion to $4.2 billion, citing demand from AI data center customers. The pitch is the AI power bottleneck: Bloom's fuel cells let data centers add electricity without waiting years for grid upgrades, a constraint that now shapes the outlook for the whole compute supply chain, from AI lab Anthropic to enterprise stalwart IBM. Not everyone in the cap table is convinced. Disclosed filings show company insiders sold roughly 144,000 shares last quarter, worth about $38.5 million, and the valuation remains rich by several measures. Bloom Energy joins the S&P 500 on September 21, a change that could pull in additional index-fund buying and extend the rally. Readers tracking the market in real time can follow live spot and futures prices on Bitget.

What the Filing Record Actually Shows

Our read of the primary documents is that two records matter here. The first is the periodic transaction report itself — the verifiable filing that dates the household's July accumulation precisely, independent of any narrative built around it. The second is the disclosure trail on insider selling, which shows executives taking $38.5 million off the table into the same strength that congressional buyers were entering. Quiver Quantitative, a site that tracks congressional stock trades, estimates Pelosi's cumulative return near 965% since 2014, a record that keeps drawing comparisons to top professional traders. Whether the BE rally extends will likely hinge on Bloom executing its project backlog — not on any single household's trade.