California Representative Gilbert Cisneros has more than doubled his investment in Bloom Energy ($BE) after the company’s third-quarter earnings report sent shares soaring over 25% on Wednesday. Cisneros, who sits on the House Sustainable Energy and Environment Coalition, disclosed purchasing between $1,000 and $15,000 worth of Bloom Energy stock on September 26, 2025.
- Cisneros’ investment in Bloom Energy has now gained over 100% since his late September purchase.
- Bloom Energy, a clean energy technology firm based in San Jose, California, develops solid oxide fuel cell systems for on-site power generation.
- The company reported Q3 revenue of $519 million, beating analyst estimates of $428 million and marking a 57% year-over-year increase.
- Adjusted earnings per share came in at $0.15, above expectations of $0.10, while gross margin improved to 29.2%.
- The company highlighted its $5 billion artificial intelligence infrastructure partnership with Brookfield Asset Management as a key driver of growth.
- Bloom Energy CEO KR Sridhar said the firm is positioned at “the center of a once-in-a-generation opportunity” to redefine power generation and delivery.
Relevant Companies
- Bloom Energy ($BE) — Shares surged over 25% following stronger-than-expected Q3 results and AI infrastructure partnerships.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
