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Home/Stocks/GEV
NYSE · US · Specialty Industrial Machinery

GEV GE Vernova

Gas turbines, grid equipment and SMRs

Slots into 2030+ Gas backlog + reservations 116 GW, targeting ≥125 GW by year-end; capacity rising to 20 GW/yr. Q3 results due.
Gas Turbines · 90
Last close (delayed) · 2026-10-26
$853.5
+4.73% today
1W
−6.0%
1M
−10.9%
3M
−9.5%
YTD
+30.8%
1Y
+46.3%
Off 52w high
−27.4%
Next earnings (est.): 2026-10-28
Market cap$217B
P/E (trailing)23.4Forward 32.4
EV / sales5.1×EV/EBITDA 54.1×
Revenue (TTM)$41.37BGrowth 21.9% y/y
Margins20.6%gross · op 7.5%
Free cash flow$15.72BCash $12.72B · debt $3.72B
Analyst target$1,224.0+43.4% upside · 33 analysts · buy
Riskβ 0.97Short 2.8% of float · yield 0.24%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

GEV · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-07-22Scott Strazik, CEO (Q2)Supply tightening

    "We sit here at 116 GW right now. We'll end the year with at least 125 GW." Signed 20 GW of gas contracts in the quarter; total backlog ~$176B; Power orders +134%. Source ↗

  2. 7
    2026-04-22EarningsBeat / raise

    Reported EPS 2.01 vs 1.67 expected (+20.4% surprise).

  3. 6
    2026-01-28EarningsBeat / raise

    Reported EPS 12.91 vs 3.14 expected (+310.9% surprise).

  4. 5
    2025-10-22EarningsMiss / cut

    Reported EPS 1.64 vs 1.86 expected (-11.7% surprise).

  5. 4
    2025-07-23EarningsBeat / raise

    Reported EPS 1.86 vs 1.64 expected (+13.4% surprise).

  6. 3
    2025-04-23EarningsBeat / raise

    Reported EPS 0.91 vs 0.61 expected (+49.1% surprise).

  7. 2
    2025-01-22EarningsMiss / cut

    Reported EPS 1.33 vs 2.37 expected (-44.0% surprise).

  8. 1
    2024-10-23EarningsMiss / cut

    Reported EPS -0.35 vs 0.26 expected (-232.7% surprise).

Latest headlines

Auto-updated daily

Alternative data that moves GEV

US power construction spending+8.5% y/yUS electric power generation (industrial production)+9.6% y/yUS natural gas price (Henry Hub)−1.9% y/y

Predictions involving GEV

51 GW SemiAnalysisRaised32 GW Morgan StanleyOn track194 GW BloombergNEFRaised945 TWh IEAAt risk≥125 GW GE Vernova (Scott Strazik)On track

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-07-223.182.47−22.4%
2026-04-221.672.01+20.4%
2026-01-283.1412.91+310.9%
2025-10-221.861.64−11.7%
2025-07-231.641.86+13.4%
2025-04-230.610.91+49.1%
2025-01-222.371.33−44.0%
2024-10-230.26-0.35−232.7%
2024-07-240.741.02+39.0%
2024-04-25-0.22-0.41−82.8%

About GE Vernova

Website ↗

GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. It serves industrial, government, and other customers. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides grid solutions; power conversion; electrification software; and solar and storage solutions technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The company was incorporated in 2023 …

78,000 employees · Cambridge, United States

Gas Turbines

90

Three OEMs make nearly all heavy-duty gas turbines. Slot reservations stretch years out and set the pace for new firm generation.

Gas supply→Turbine→Plant→Grid

What would prove us wrong. Weakens if turbine slot reservations are cancelled or pricing per kW falls.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
ENR.DE
Siemens Energy
Gas turbines and grid technology €123.9+4.38%−13.1%+3.3%
7011.T
Mitsubishi Heavy Industries
Heavy-duty gas turbines ¥3,500.0−3.15%−10.6%−8.3%
CAT
Caterpillar
Recip gensets and Solar Turbines for onsite power $692.1+0.74%−15.8%+21.6%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.