Did You Copy Nancy Pelosi's Bloom Energy Trade? Shares Surge 44% Since Late-August Disclosure

US Rep. Nancy Pelosi's portfolio, which is supposedly managed by her husband, Paul, has surged by a whopping 983.1% since 2014, according to data compiled by Quiver Quantitative.

She is among the wealthiest members of Congress with an estimated net worth of $263.8 million. Pelosi, who has battled allegations of insider trading for years, announced in late 2025 that she will not seek re-election at the end of her current term in January 2027.

According to an August periodic transaction report, Pelosi invested in the Bloom Energy stock, buying a total of 15,000 shares and 200 call options with a strike price of $100 and a 17th June 2027 expiry across multiple trades in late July. The total investment in the energy company was estimated between $3 million and $12 million.

If you had invested $1,000 in Bloom Energy on 21st August, which is the day Pelosi disclosed these trades, your initial capital would be now worth over $1,440 as shares jumped by more than 44% since then.

The trade disclosure had also mentioned a purchase of 10,000 shares of Intel for up to $1 million, as well as 50 call options with a $50 strike price and 17th June 2027 expiry for up to $500,000.

What Drove Bloom Energy's 235% Year-to-Date Gains?

Bloom Energy's stock price has surged exponentially this year. The company makes fuel cell systems to power data centres and tech manufacturing facilities, and the stock has emerged as a beneficiary of rising energy demands driven by the AI boom.

After Bloom Energy expanded its collaboration with Oracle in April to supply 2.8 gigawatts of solid oxide fuel cell capacity for Oracle's AI data centres, US President Donald Trump had said the government would keep federal funding in place for hydrogen hub projects, which could be optimistic for Bloom Energy's long-term hydrogen pipeline.

This year, Bloom also secured a $2.65 billion deal with American Electric Power for a 900-megawatt project in Wyoming, giving it an extended runway of demand.

The stock gained further momentum after joining the S&P 500 index on 21st September. CEO K.R. Sridhar recently told Bloomberg that the company is scaling fast but sustainably as its on-site power systems are becoming a standard solution amid rising demand for data centres, factories, and hospitals.

'Brookfield, as you know, did a $5 billion financing with us. They have enhanced it to $25 billion in less than a year. So that shows you the level of growth,' he said.

Jefferies Lifts Bloom Energy Price Target, But With Caution

Jefferies maintained its 'Hold' rating on Bloom Energy, but raised its 12-month price target to $264 per share from $229 earlier. The brokerage highlighted Brookfield's $25 billion framework, American Electric Power's $2.65 billion firm order, and Bloom's plan to reach 2 GW of manufacturing capacity by 2026-end as drivers for near-term growth.

Analysts noted that their behind-the-meter power thesis is intact despite challenges at some of the company's top projects. They added that problems at the Jupiter and Vineland projects increase timing risk related to air, water, gas, and other approvals, rather than concerns about customer demand or financing.

Disclaimer: Our digital media content is for informational purposes only and does not constitute investment advice. Please conduct your own analysis or seek professional advice before investing. Remember, investments are subject to market risks, and past performance does not guarantee future returns.