GE Vernova reported a record $197 billion backlog and raised its 2026 free cash flow guidance to $16-$17 billion, driven by strong gas turbine orders priced significantly higher than last year. Despite this, the stock fell due to concerns over its money-losing Wind unit, a costly acquisition deal, and a potential dip in fourth-quarter pricing. Analysts remain optimistic with an average target price suggesting nearly 40% upside, betting on continued strong demand and margin improvements in 2027 and 2028. Key factors to watch include Q4 backlog growth and Electrification segment order performance.
As of Oct 29, 2026 18:12 WIB, GE Vernova (GEV) trades at USD 854.00 on Pluang, down 2.74% for the day and significantly below its 52-week high of USD 1.17K. The stock's market cap stands at $232.39 billion, reflecting a notable gap from its 52-week low of USD 547.96. Despite the recent decline, the typical hold time of 40 days and a balanced order activity split of 53% sell to 47% buy suggest steady investor engagement.
GE Vernova reported a strong Q3 2026 with revenue and earnings beating estimates, raised its 2026 guidance, and announced a $9 billion acquisition of Trench Group. Despite these positives, its stock fell 6%, possibly due to the high acquisition price...
GE Vernova reported a strong third quarter with revenue up 27% to $12.6 billion, beating expectations and raising its full-year revenue guidance to $46.5-$47.5 billion. The company doubled its share buyback authorization to $20 billion and agreed to ...
Last week, U.S. stocks declined with the S&P 500 dropping 0.5% and the Nasdaq falling 0.7%, driven by volatile trading and weakness in tech and semiconductor sectors. The S&P 500 experienced its second 1%+ drop in five days, a rare event since July. ...
GE Vernova will release its Q3 earnings on October 28, with investors watching closely after the stock dropped over 11% due to concerns about financing AI-related spending. The company reported a record $176 billion backlog last quarter, with strong ...
