GE Vernova Inc. has raised its guidance for the third consecutive quarter, driven by strong performance in its Power and Electrification segments and early signs of recovery in its Wind segment. Despite a recent dip in its stock price, the company remains a Buy due to robust backlog growth and strategic moves like the Trench Group acquisition and expanded share buyback authorization. Management's guidance is seen as conservative, and the fair value estimate of $1,080 per share suggests nearly 25% upside, with expectations for higher revenue and margins by 2028.
GE Vernova Inc. holds a market cap of $232.39 billion and a dividend yield of 0.23% as of Oct 29, 2026, 20:51 WIB on Pluang. The stock is trading at USD 891.00 with a 1-day gain of 1.48%, reflecting steady investor interest despite mixed sentiment. Trading volume reached 6,123,612 shares, with a near-even split in order activity at 53% Sell and 47% Buy, indicating balanced market participation around the company’s recent guidance updates.
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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 mo...
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 ...
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