GE Vernova's stock fell over 22% in a month due to election-driven fears about data center regulations, despite the company reporting record orders of $29.3 billion and a backlog nearing $197 billion. The selloff misjudged demand, as about 80% of gas turbine orders come from traditional customers, not data centers. The company raised its free cash flow guidance and doubled its buyback authorization to $20 billion. Analysts see over 50% upside, awaiting the January report for clarity on policy impact and backlog growth.
GE Vernova's stock price on Pluang is currently at USD 831.23 as of Nov 09, 2026 23:02 WIB, recovering strongly with a 1-day gain of 7.38%, yet still well below its 52-week high of USD 1.17K. This price contrasts with the 52-week low of USD 554.93, indicating significant volatility within the year. The market cap stands at $204.89 billion, reflecting substantial investor interest despite recent volatility.
Bloom Energy and GE Vernova reported strong third-quarter results as they compete to supply power to AI data centers. Bloom Energy focuses on fast-deploying onsite fuel cells, showing 138% revenue growth and strong pricing power, while GE Vernova sel...
GE Vernova's stock has fallen over 25% in the past month amid fears of a Democratic sweep impacting industrial stocks. Despite this, the company’s order backlog has grown from $150B at the end of 2025 to nearly $200B in Q3 2026, with strong free cash...
