NYSE:GEV
GE Vernova (GEV)
Financials 
Technical Analysis 
Jul 24, 2026, 12:00 amThis summary was created by AI, based on 29 opinions in the last 12 months.
GE Vernova (GEV) has faced a significant drop of 8.69% following a disappointing earnings report, which showed a healthy revenue beat but a notable miss in EPS expectations. Despite this setback, analysts are optimistic about the company's robust backlog of $160 billion, projected to grow to $200 billion by 2027, which reflects strong demand driven mainly by data centers. The company plans to increase its gas turbine output significantly, capitalizing on the growth in electricity demand associated with AI and technological advancements. Nonetheless, its wind power division struggles with fewer orders and revenue declines. While experts indicate potential long-term upside due to the data center build-out and overall increased power demand, many note the high valuation of the stock and suggest caution amid current price levels.
They have a backlog to 2030. They are one of the biggest producers of gas turbines that they sell to utilities, with long service lives. They've benefited from the data centre build-out. Problem is, utilities are looking at other sources of energy, like renewables. Also, GEV's valuation is high. Doesn't know what the stock will do in the coming year, but will be correlated to similar stocks in the AI build out.
We'll see power and energy constraints develop over the next 5-10 years. Many of the power producers have capacity sold out to 2030. To get upside, they need to either increase capacity or reprice the backlog. Decent opportunity on margins, which are still below where they could be.
Likes it here. She could be interested on a pullback.
In the right space to meet rising power demand of AI. About $163B in backlog revenue, which gives great revenue visibility. By 2030, half of US electricity demand growth will come from data centres. Order momentum climbing quickly. Not much competition. Yield is 0.22%.
(Analysts’ price target is $1212.69)
Stan Wong
You can't have data centres without power. Though the stock is expensive, this is a multi-year trend.
Kevin SimpsonNew highs again. AI is also about electricity, which is very important to a name like this. US data centres will drive about half the electricity demand growth from now until 2030, and this name is a direct beneficiary of that. Backlog of ~$160B (translates to roughly 4 years of revenue).
Things are overbought, so measure your entry points. Midterms will bring volatility, so look for an entry that makes sense to you. Yield is 0.19%.
Stan WongGreat chart the past year: a rally, consolidation, then another advance higher. There's a lot of interest in power generation.
(Analysts’ price target is $901.57)
Colin CieszynskiDrop is interesting buying opportunity, if not one that will blow the doors off. Backlog sold out for years, strong margin upside on servicing. Strong trends for years.
Dan RohintonIt matters whether you'll be buying this in a registered account, and whether you'll be converting CAD to USD. If the CAD climbs against the USD over next 5 years, could be a headwind.
Great visibility to earnings, but valuation is insane. Respect the chart -- you don't usually want to buy toward the top like that.
Makes power systems. Lots of demand for new power, especially with AI and data centres. Biggest business (and fastest-growing) is making gas turbines -- sold out over next 5 years. Demand for power isn't going away anytime soon.
Clear leader. Remarkably resilient in current market, with strong RSI versus the market. Earnings up 200% for 2025, up ~100% for 2026. Estimate of 55% earnings growth in 2027. Estimates consistently go higher. Yield is 0.23%.
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GE Vernova (GEV) Frequently Asked Questions
What is GE Vernova stock symbol?
GE Vernova is a American stock, trading under the symbol GEV (previously GEV-N on Stockchase) on the New York Stock Exchange (GEV). It is usually referred to as NYSE:GEV or GEV
Is GE Vernova a buy or a sell?
In the last year, 28 stock analysts issued a Buy, Sell, or Hold rating on GEV (previously GEV-N on Stockchase). 19 analysts recommended to BUY and 5 analysts recommended to SELL the stock. The latest stock analyst rating is BUY on WEAKNESS. Read the latest stock experts' ratings for GE Vernova.
Is GE Vernova a good investment or a top pick?
GE Vernova was recommended as a Top Pick by Jim Cramer - Mad Money on 2026-07-22. Read the latest stock experts ratings for GE Vernova.
Why is GE Vernova stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for GE Vernova.
Is GE Vernova worth watching?
GE Vernova is followed by 52 investors on Stockchase and is a trending stock that is worth watching.
What is GE Vernova stock price?
On 2026-07-24, GE Vernova (GEV) stock closed at a price of $1,014.75.
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Today, they reported a widely panned quarter and shares plunged 8.69%. It's been on a tear. GEV is used to power data centres. GEV reported a healthy revenue beat, but EPS fell short, missed in a big way. The story isn't earnings, but the expansion of gigawatts through turbine output. They have a $160 billion backlog, up $48 billion from a year ago and projects $200 billion by 2027. It plans to raise gas turbine output from 3 GW per quarter to 5 GW starting this quarter. That's 20 GW a year, then plan 24 GW in 2027, and 30 GW in 2030. They see the data centre as a generational opportunity. This gives GEV pricing (and earnings) power. However, the wind power division is weak with 40% fewer orders in Q2 and 11% less revenue. But they raised their free cash flow outlook and full-year revenue forecast.