Bloom Energy

$Bloom Energy(BE.US) | Mizuho 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝘀 𝗢𝘂𝘁𝗽𝗲𝗿𝗳𝗼𝗿𝗺 on 𝗕𝗹𝗼𝗼𝗺 𝗘𝗻𝗲𝗿𝗴𝘆 𝗖𝗼𝗿𝗽., raises PT to $𝟯𝟱𝟭 from $𝟮𝟰𝟮

Analyst sees stronger pricing and demand plus better delivery visibility supporting higher long-term ASPs and EBITDA margins.

LEOPOLD MIGHT BE BACK.

Situational Awareness is active in the options market again and Leopold has reportedly been buying hundreds of millions of dollars worth of options in $Coreweave(CRWV.US), $AMD(AMD.US), $Bloom Energy(BE.US), $Sandisk(SNDK.US), and others, according to CNBC.

Pretty incredible. Just two months ago, the fund fell 67% because of being over leveraged by 4x.

Two months later, oil is at $100 and bond yields are the highest since 2023 but many of those names that Leopold had to sell are still trading well below their June peak.

So, even if the macro isn't the best (which effects these high beta growth stocks) the lack of movement in their prices with the very, very bullish updates we keep seeing for AI compute buildout might mean that Leo is calling a bottom or at the very least saying that these stocks will not be effected by macro because the AI trade is that strong. Obviously, those stocks did get hit with macro concerns back in July.

If he's not borrowing money on margin to lever up than these options can still create leverage but they may not be as aggressive as actually borrowing against the asset themselves to fund the purchases.

Anyone following him and buying options on most of the beaten up $SMH names?

Source: amit

🚨Leopold/Situational Awareness returns?

Since last Friday, there's been a string of significant Flex calls bought in concentrated AI names: $315M total options premiums / $1.1B of delta / $5.8M of vega.

Positions:

- $Sandisk(SNDK.US): Jan 2040/2200 calls - $57M prem, $198M delta, $1.04M vega.

- $Bloom Energy(BE.US): Jan 250/310 calls - $48M prem, $140M delta, $565k vega.

- $Intel(INTC.US): Jan 105/115 calls - $48M prem, $185M delta, $870k vega.

- $Coreweave(CRWV.US): Jan 105/115 calls - $43M prem, $160M delta, $770k vega.

- $DRAM: Jan 65/70 calls - $43M prem, $173M delta, $855k vega.

- $SK Hynix(SKHY.US): Jan 190/210 calls - $39M prem, $148M delta, $710k vega.

- $AMD(AMD.US): Jan 540/580 calls - $36M prem, $193M delta, $1.08M vega.

It'll be confirmed as Leopold if we start to see some big FLEX calls in $Micron Tech(MU.US) / $Nebius(NBIS.US) / $Taiwan Semiconductor(TSM.US) soon.

Data via CBOE. NMR + GS desks aligned on "single mystery buyer" narrative...

NANCY PELOSI ABSOLUTELY DOES NOT MISS

Her husband bought millions of dollars of Bloom Energy $Bloom Energy(BE.US) deep ITM

Weeks later $Bloom Energy(BE.US) is being added to the SP500.

Ripped 15% on the news.

And this is where it gets insane:

My thoughts on beaten down AI Picks and shovels. $Bloom Energy(BE.US) $Eaton(ETN.US) $GE Vernova(GEV.US) $Comfort Systems USA(FIX.US) $Celestica(CLS.US) $Sterling Infrastructure(STRL.US). Each one has its own level. Not one setup for all of them.

🧵

I know everyone's focused on Nancy Pelosi copytraders sending $Bloom Energy(BE.US) up 11.83%. Or Trump...

But you know what else is cool?

FAU bottlenecks for CPO.

I remember saying earlier this year FAU/Foci might be a future bottleneck around $Taiwan Semiconductor(TSM.US) / $NVIDIA(NVDA.US) CPO roadmaps...

This was some media commentary supporting that:

"It is understood that Largan Precision (3008), FOCI (3363), and China’s TFC have entered $NVIDIA(NVDA.US) FAU supply chain"

"Based on an estimated 20,000 Spectrum-X systems shipped this year, the optical engines installed in those systems would require approximately 600k-700k FAUs"

In 2027, demand is expected to reach several million units, and existing supply chain capacity is currently unable to meet demand." (UDN, mandarin -> english translation is kinda off)

Cough cough, "existing supply chain capacity is currently unable to meet demand"

Tad early right now since mass production is expected H2 2027, but cool to read updates around this.

PELOSI BUYS $Bloom Energy(BE.US) BLOOM ENERGY & INTEL $Intel(INTC.US) INTEL.

- 15K shares of $Bloom Energy(BE.US) and 100 calls with $100 strikes expiring 6/17/27

- 10K shares of $Intel(INTC.US) and 50 calls with $50 strikes expiring 6/17/27

She made these buys from July 24th - July 28th.

Source: amit

Breaking: Nancy Pelosi just filed up to ~13.5M worth of new stock trades

Including buying up to $12M of Bloom Energy $Bloom Energy(BE.US)

Major Buys Include:

• Bought 15,000 shares of Bloom Energy $Bloom Energy(BE.US)

• Bought 10,000 shares of Intel $Intel(INTC.US)

She bought new call options:

• Bought up to $5M of $Bloom Energy(BE.US) leaps

• Bought up to $500K of $Intel(INTC.US) leaps

$Bloom Energy(BE.US) | Evercore ISI 𝗿𝗲𝗶𝘁𝗲𝗿𝗮𝘁𝗲𝘀 𝗢𝘂𝘁𝗽𝗲𝗿𝗳𝗼𝗿𝗺 on 𝗕𝗹𝗼𝗼𝗺 𝗘𝗻𝗲𝗿𝗴𝘆 𝗖𝗼𝗿𝗽, PT $𝟯𝟱𝟬

Analyst sees Bloom’s MiTAC expansion and nearly two dozen AI infrastructure customers as an incremental positive.