To The Moon

Bloom Energy has quietly turned into one of the hottest AI infrastructure trades in the market.The Pelosi family bought into the stock during a sharp pullback in late July. Tiger investors were there too.

• Congrats to @美股投资雷达, whose BE call position is up 144%

• Congrats to @JesseC, who made US$6,352 trading BE calls

Pelosi bought during the pullback

Public disclosures show the Pelosi family bought Bloom Energy between July 24 and July 28. The purchases included 15,000 shares of BE and two blocks of 100 call options with a US$100 strike price and a June 17, 2027 expiration. The positions were disclosed under Paul Pelosi.

The timing caught plenty of attention. BE had just gone through a sharp pullback, falling from above US$200 to the US$160–170 range.What followed was a strong earnings report, more momentum around AI power demand and, most recently, an invitation to join the S&P 500.

With BE recently trading around US$280, the 15,000-share position alone would be sitting on more than US$1 million in unrealized gains, before even counting the options.

What does Bloom Energy actually do?

Most investors know Nvidia, Micron and the rest of the AI chip trade. Bloom Energy is a different kind of AI bet.

$Bloom Energy Corp(BE)$ builds fuel-cell systems that can generate electricity directly at a customer’s site.

AI workloads are driving power demand higher, but getting a new data center connected to the grid can take years in some markets. Bloom’s systems give operators another option: generate power on-site and reduce their dependence on the grid.

That is why Wall Street has started treating Bloom less like a traditional clean-energy stock and more like an AI power infrastructure play.

Why has BE been rallying?

The rally is not just about a new narrative.Bloom has been landing much larger deals.In April, the company expanded its relationship with $Oracle(ORCL)$, with Oracle planning to buy up to 2.8 GW of on-site fuel-cell capacity. The first 1.2 GW has already been contracted and is being deployed.Then in June, Brookfield expanded its AI infrastructure partnership with Bloom from US$5 billion to US$25 billion.

Bloom’s latest quarter gave bulls more evidence that the demand is showing up in the numbers. Second-quarter revenue jumped 165.5% year over year to US$1.065 billion, topping US$1 billion for the first time. Product revenue reached US$935 million, up more than 215%.Margins improved too. Non-GAAP gross margin rose to 34.3%, while adjusted EPS climbed to US$0.78, versus US$0.10 a year earlier. Bloom also raised its 2026 revenue outlook to US$3.9 billion to US$4.2 billion.

Bloom got another catalyst last week when S&P Dow Jones Indices said the company will join the S&P 500 before trading begins on September 21. That can bring additional buying from ETFs and index funds that track the benchmark and need to add BE to their portfolios.

Topic

Would you still buy $Bloom Energy Corp(BE)$ ?

• A: Yes — the AI power buildout is still early

• B: No — the stock has already run too far

🧭 Share positions: