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Gas turbine prices rise 50% as buyers reserve factory slots years ahead, driven by AI data center demand.

Company Fundamentals
29 Oct 2026, 20:27 WIB
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Bullish
Gas turbine prices rise 50% as buyers reserve factory slots years ahead, driven by AI data center demand.

GE Vernova revealed that gas turbine prices increased about 50% in 2026 compared to 2025 due to strong demand and limited production capacity. Buyers, including utilities and AI data center operators, are reserving factory slots years in advance, with some orders booked for delivery as late as 2032. This tight supply allows GE Vernova to raise prices and improve profit margins, though shares fell due to concerns about future pricing and integration risks from a recent acquisition. The next quarterly report will be key to confirming continued backlog growth and pricing strength.

GE Vernova's market cap stands at $232.39 billion as of Oct 30, 2026, with a dividend yield of 0.23%. Despite the company's shares falling on concerns about future pricing and integration risks, the stock price on Pluang rose 1.65% to USD 892.52, supported by a balanced order flow of 53% sell and 47% buy activity. The typical hold time on Pluang is 40 days, indicating moderate investor interest in this industrial sector stock.

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