1 month ago
GE Vernova Inc. (NYSE:GEV) received a boost on September 16 after CEO Scott Strazik stated that the company's backlog could hit the $200 billion mark "very early" in 2027, sooner than Wall Street had expected. The company expects the "strong and durable demand" to drive accelerated growth after its backlog had reached $167 billion at the end of the second quarter of 2026.
GEV has gained by almost 50% over the last year but is down by more than 14% over the last month, reflecting growing investor concerns surrounding the AI trade. The stock also came under pressure on September 14 when GLJ Research slammed it with a 'Sell' rating and a Street-low price target of $470, describing the company as "a cyclical gas turbine manufacturer priced as a secular compounder".
The update builds on extraordinarily strong momentum for GE Vernova, powered by the incredibly strong demand for its power equipment amid the AI data center boom. The company's backlog of $176 billion at the end of Q2 grew $13 billion from the previous quarter and was up 37% YoY, providing it with visibility into earnings well into the 2030s.
Notably, GE Vernova is translating this demand into financial improvement rather than simply a very large order book. The company's revenue grew by 22% YoY to $11.1 billion in the second quarter, while its free cash flow reached $5.1 billion, already exceeding its full-year 2025 level. Given the high demand, GEV raised its 2026 revenue forecast to $45.5 billion-$46.5 billion, up from its previous range of $44.5 billion-$45.5 billion.
The ongoing AI boom has been a major growth catalyst for GE Vernova, as its data center-related orders exceeded $5 billion in the first half of this year, more than double 2025's total. According to Barron's, power availability has become a key constraint for data center operators, and this strong demand has effectively constrained GEV's turbine capacity, which can support pricing and the value of scarce delivery slots.
#billion #year #data #center
GEV has gained by almost 50% over the last year but is down by more than 14% over the last month, reflecting growing investor concerns surrounding the AI trade. The stock also came under pressure on September 14 when GLJ Research slammed it with a 'Sell' rating and a Street-low price target of $470, describing the company as "a cyclical gas turbine manufacturer priced as a secular compounder".
The update builds on extraordinarily strong momentum for GE Vernova, powered by the incredibly strong demand for its power equipment amid the AI data center boom. The company's backlog of $176 billion at the end of Q2 grew $13 billion from the previous quarter and was up 37% YoY, providing it with visibility into earnings well into the 2030s.
Notably, GE Vernova is translating this demand into financial improvement rather than simply a very large order book. The company's revenue grew by 22% YoY to $11.1 billion in the second quarter, while its free cash flow reached $5.1 billion, already exceeding its full-year 2025 level. Given the high demand, GEV raised its 2026 revenue forecast to $45.5 billion-$46.5 billion, up from its previous range of $44.5 billion-$45.5 billion.
The ongoing AI boom has been a major growth catalyst for GE Vernova, as its data center-related orders exceeded $5 billion in the first half of this year, more than double 2025's total. According to Barron's, power availability has become a key constraint for data center operators, and this strong demand has effectively constrained GEV's turbine capacity, which can support pricing and the value of scarce delivery slots.
#billion #year #data #center
1 month ago
GE Vernova Inc. (NYSE:GEV) is one of Jim Cramer's favorite stocks. Throughout 2025, the CNBC TV host continued to heap praise on the firm. Cramer's praise came at a time when new-age nuclear power and quantum computing stocks were experiencing strong gains. Throughout this period, he continued to **** ert that GE Vernova Inc. (NYSE:GEV) was the only nuclear firm with a stable delivery timeline and the capacity to deliver. In his morning appearance on the 15th, Cramer discussed the recent dip in shares and worries about a slowdown in the AI buildout:
"One company, GE Vernova, which was hit incredibly hard, which actually builds these, was saying they're seeing an order acceleration. So I really doubt the idea there's going to be a decel. Now that stock got hammered yesterday, it's been a horrendous stock since we started getting this political controversy. But again I point out that you just hear no one say anything about pullback."
For GE Vernova Inc. (NYSE:GEV), as perhaps indicated by the share price movement, the narrative is driven by its backlog and overall exposure to AI's power generation demand. On this front, CEO Scott Strazik, another Cramer favorite, outlined during the firm's second quarter earnings that data center orders of $5 billion for H1 2026 had already doubled over the full year 2025 figures. Additionally, during Q2, the firm's total orders touched $24 billion to mark an 88% growth driven by its Power and Electrification segment. As a whole, GE Vernova Inc. (NYSE:GEV)'s Q2 revenue grew by 22% annually, while its overall backlog and electrification backlogs sat at $176 billion and $446 billion.
At the same time, with GE Vernova Inc. (NYSE:GEV) also relying on gas turbines for its business, the debate is also about whether exposure to AI can remove the inherent cyclicality in the business. Additionally, with data centers accounting for 40% of the Electrification business's orders, any slowdown in capex spending by big tech players could generate tailwinds for GE Vernova Inc. (NYSE:GEV). Similarly, while the data center business is booming and the gas generation business remains tied to prices and interest rates, the firm's wind business is a drag and expected to hurt the bottom line throughout 2026.
In Q2, 106 out of the 1,006 funds tracked by Insider Monkey had held a stake in GE Vernova Inc. (NYSE:GEV), which marked a dip over the 118 out of 1,022 funds in Q1. Whether the dip was due to the order mix and AI sentiment or due to profit taking, your guess is as good as ours. On the valuation front, GE Vernova Inc. (NYSE:GEV) trades at a forward P/E ratio of 35, while short interest as a percentage of float is 3.29%.
#vernova #business #throughout #data
"One company, GE Vernova, which was hit incredibly hard, which actually builds these, was saying they're seeing an order acceleration. So I really doubt the idea there's going to be a decel. Now that stock got hammered yesterday, it's been a horrendous stock since we started getting this political controversy. But again I point out that you just hear no one say anything about pullback."
For GE Vernova Inc. (NYSE:GEV), as perhaps indicated by the share price movement, the narrative is driven by its backlog and overall exposure to AI's power generation demand. On this front, CEO Scott Strazik, another Cramer favorite, outlined during the firm's second quarter earnings that data center orders of $5 billion for H1 2026 had already doubled over the full year 2025 figures. Additionally, during Q2, the firm's total orders touched $24 billion to mark an 88% growth driven by its Power and Electrification segment. As a whole, GE Vernova Inc. (NYSE:GEV)'s Q2 revenue grew by 22% annually, while its overall backlog and electrification backlogs sat at $176 billion and $446 billion.
At the same time, with GE Vernova Inc. (NYSE:GEV) also relying on gas turbines for its business, the debate is also about whether exposure to AI can remove the inherent cyclicality in the business. Additionally, with data centers accounting for 40% of the Electrification business's orders, any slowdown in capex spending by big tech players could generate tailwinds for GE Vernova Inc. (NYSE:GEV). Similarly, while the data center business is booming and the gas generation business remains tied to prices and interest rates, the firm's wind business is a drag and expected to hurt the bottom line throughout 2026.
In Q2, 106 out of the 1,006 funds tracked by Insider Monkey had held a stake in GE Vernova Inc. (NYSE:GEV), which marked a dip over the 118 out of 1,022 funds in Q1. Whether the dip was due to the order mix and AI sentiment or due to profit taking, your guess is as good as ours. On the valuation front, GE Vernova Inc. (NYSE:GEV) trades at a forward P/E ratio of 35, while short interest as a percentage of float is 3.29%.
#vernova #business #throughout #data
2 months ago
Order a heavy-duty gas turbine from GE Vernova today and it won't arrive until 2031. That's the company's actual production schedule, confirmed on its July 22 earnings call, and it's the fact sitting underneath every AI data center power plan announced in the last two years. It comes up far less often than the announcements do.
Goldman Sachs put hard numbers on the demand side in May. U.S. data center power demand climbs from 31 gigawatts in 2025 to 41 GW this year and 66 GW in 2027. Year-over-year capacity additions accelerate from 8.5 GW actually realized last year to 13.6 GW scheduled for 2026 and 36.3 GW scheduled for 2027. By then data centers would take 8.5% of total U.S. peak summer demand, up from 4.1% today.
The equipment meant to generate that power is on a completely different clock.
The Big Three Are Booked Solid Into the 2030s
GE Vernova closed the second quarter with 116 GW of gas power equipment backlog and slot reservation agreements, up from 100 GW three months earlier and 83 GW at the end of 2025. It expects at least 125 GW under contract by December. CEO Scott Strazik told **** ysts the company is taking reservations for 2031 delivery and should be more than halfway contracted for that year by the end of 2026. Its production plan: roughly 20 GW annualized this quarter, 24 GW by 2028, and a push toward 30 GW by 2030.
#demand #three #production #plan
Goldman Sachs put hard numbers on the demand side in May. U.S. data center power demand climbs from 31 gigawatts in 2025 to 41 GW this year and 66 GW in 2027. Year-over-year capacity additions accelerate from 8.5 GW actually realized last year to 13.6 GW scheduled for 2026 and 36.3 GW scheduled for 2027. By then data centers would take 8.5% of total U.S. peak summer demand, up from 4.1% today.
The equipment meant to generate that power is on a completely different clock.
The Big Three Are Booked Solid Into the 2030s
GE Vernova closed the second quarter with 116 GW of gas power equipment backlog and slot reservation agreements, up from 100 GW three months earlier and 83 GW at the end of 2025. It expects at least 125 GW under contract by December. CEO Scott Strazik told **** ysts the company is taking reservations for 2031 delivery and should be more than halfway contracted for that year by the end of 2026. Its production plan: roughly 20 GW annualized this quarter, 24 GW by 2028, and a push toward 30 GW by 2030.
#demand #three #production #plan
3 months ago
GEV's $176B backlog positions it as the premium AI infrastructure bet; NEE trades at 22x forward earnings with 8%+ EPS growth through 2032.
NextEra's Duane Arnold nuclear restart, backed by a 25-year Google PPA, targets Q1 2029 and anchors its long-term AI power strategy.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and NextEra Energy didn't make the cut. Grab the names FREE today.
GE Vernova (NYSE:GEV) and NextEra Energy (NYSE:NEE) reported June-quarter results within 48 hours of each other. GEV sells the turbines, transformers, and grid gear every hyperscaler needs. NextEra owns the megawatts, the interconnects, and a Florida utility that hyperscalers want to plug into. Two ways to buy the same AI power bottleneck.
GE Vernova posted Q2 revenue of $11.10 billion, up 21.8% year over year, with bookings of $24.2 billion and a $176 billion backlog. Electrification revenue jumped 68%, and $2.7 billion of that came from data center orders in the quarter alone. CEO Scott Strazik told investors GEV is "on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028" and 30 GW by 2030. Wind guidance includes roughly $400 million in EBITDA losses.
#nextera #quarter #backlog
NextEra's Duane Arnold nuclear restart, backed by a 25-year Google PPA, targets Q1 2029 and anchors its long-term AI power strategy.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and NextEra Energy didn't make the cut. Grab the names FREE today.
GE Vernova (NYSE:GEV) and NextEra Energy (NYSE:NEE) reported June-quarter results within 48 hours of each other. GEV sells the turbines, transformers, and grid gear every hyperscaler needs. NextEra owns the megawatts, the interconnects, and a Florida utility that hyperscalers want to plug into. Two ways to buy the same AI power bottleneck.
GE Vernova posted Q2 revenue of $11.10 billion, up 21.8% year over year, with bookings of $24.2 billion and a $176 billion backlog. Electrification revenue jumped 68%, and $2.7 billion of that came from data center orders in the quarter alone. CEO Scott Strazik told investors GEV is "on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028" and 30 GW by 2030. Wind guidance includes roughly $400 million in EBITDA losses.
#nextera #quarter #backlog
3 months ago
Broadcom's Hock Tan guided Q3 AI chip revenue to $16 billion, up over 200% year-over-year, while TSMC guided full-year 2026 revenue growth above 40%.
Laffont's five holdings form a closed AI infrastructure loop spanning power, fabrication, tools, and custom silicon, with four of the five currently rated BUY.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
Philippe Laffont's Coatue Management just showed its hand: the latest 13F filing (holdings as of March 31, 2026) parks its biggest chips on a single trade: the AI infrastructure buildout. The five names below, all US-listed, represent Laffont's largest long common-stock and ADR positions. One of them just booked $10.80 billion in AI semiconductor revenue in a single quarter, growing 143% year-over-year. The setup is worth understanding before it reprices.
Every AI accelerator on this list is useless without electrons. That is why GE Vernova (NYSE:GEV) is the most surprising name in Laffont's tech basket: it sits one level upstream of the chips, building the gas turbines, grid equipment, and electrification hardware that hyperscalers are now ordering by the gigawatt. This is the AI trade one level upstream of NVIDIA. Q1 2026 revenue rose 15.8% year-over-year to $9.30 billion, but the real signal was orders: $18.30 billion, up 71% organically, with Electrification booking $2.4 billion in data center equipment orders in Q1 alone, more than all of 2025. CEO Scott Strazik put it plainly: "Demand is accelerating for our Power and Electrification solutions... backlog growing by more than $13 billion quarter-over-quarter."
#revenue #five #semiconductor
Laffont's five holdings form a closed AI infrastructure loop spanning power, fabrication, tools, and custom silicon, with four of the five currently rated BUY.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
Philippe Laffont's Coatue Management just showed its hand: the latest 13F filing (holdings as of March 31, 2026) parks its biggest chips on a single trade: the AI infrastructure buildout. The five names below, all US-listed, represent Laffont's largest long common-stock and ADR positions. One of them just booked $10.80 billion in AI semiconductor revenue in a single quarter, growing 143% year-over-year. The setup is worth understanding before it reprices.
Every AI accelerator on this list is useless without electrons. That is why GE Vernova (NYSE:GEV) is the most surprising name in Laffont's tech basket: it sits one level upstream of the chips, building the gas turbines, grid equipment, and electrification hardware that hyperscalers are now ordering by the gigawatt. This is the AI trade one level upstream of NVIDIA. Q1 2026 revenue rose 15.8% year-over-year to $9.30 billion, but the real signal was orders: $18.30 billion, up 71% organically, with Electrification booking $2.4 billion in data center equipment orders in Q1 alone, more than all of 2025. CEO Scott Strazik put it plainly: "Demand is accelerating for our Power and Electrification solutions... backlog growing by more than $13 billion quarter-over-quarter."
#revenue #five #semiconductor
3 months ago
What happened: GE Vernova (GEV) stock fell by roughly 6% on Wednesday.
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors with earnings missing expectations. Quarterly revenue beat estimates while the company saw a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, versus a previous forecast of $44.5 billion to $45.5 billion.
#strazik
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors with earnings missing expectations. Quarterly revenue beat estimates while the company saw a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, versus a previous forecast of $44.5 billion to $45.5 billion.
#strazik
3 months ago
What happened: GE Vernova (GEV) stock fell by roughly 5% in premarket trading on Wednesday.
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors, despite a revenue beat and a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, up from a previous forecast of $44.5 billion to $45.5 billion.
GE Vernova's total company orders surged 88% to $24.2 billion, driven by massive demand in its Power and Electrification segment.
#billion #power #orders
Why the stock is moving: The gas turbine maker's quarterly results failed to impress investors, despite a revenue beat and a jump in orders for power and electrification equipment.
"With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova's momentum is building, and we are raising our 2026 financial guidance," CEO Scott Strazik said.
The company now sees revenue of $45.5 billion to $46.5 billion for the year, up from a previous forecast of $44.5 billion to $45.5 billion.
GE Vernova's total company orders surged 88% to $24.2 billion, driven by massive demand in its Power and Electrification segment.
#billion #power #orders
4 months ago
GE Vernova Inc. (NYSE:GEV) was among the stocks on Jim Cramer's Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. Toward the end of the lightning round, when a caller inquired about the stock, Cramer remarked:
GE Vernova of those is my favorite. It's one that the Charitable Trust has a very big position in. I believe in Scott Strazik. I think it is a terrific situation. Held up very well. I say still, buy GE Vernova.
Photo by Artem Podrez on Pexels
GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. A caller inquired about the stock during the May 29 episode, and Cramer responded:
Look, I think GE Vernova is absolutely terrific. We know that the, it's come down nicely from its top. It's at a very good level. I still like NVIDIA very much. I'm not backing away from NVIDIA, I just need to know… what went on in the last hour, because it just seemed, let's just say it didn't seem right. How about that? Leave it at that.
GE Vernova of those is my favorite. It's one that the Charitable Trust has a very big position in. I believe in Scott Strazik. I think it is a terrific situation. Held up very well. I say still, buy GE Vernova.
Photo by Artem Podrez on Pexels
GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. A caller inquired about the stock during the May 29 episode, and Cramer responded:
Look, I think GE Vernova is absolutely terrific. We know that the, it's come down nicely from its top. It's at a very good level. I still like NVIDIA very much. I'm not backing away from NVIDIA, I just need to know… what went on in the last hour, because it just seemed, let's just say it didn't seem right. How about that? Leave it at that.
