GE Vernova's (NYSE: GEV) stock price shot up 80% in the first half of 2026, but has since retreated from its peak. The stock trades under $1,000 now, having declined more than 10% in just the past month. Is this recent pullback a signal that GE Vernova is a bargain or a trap? Let's have a look.
GE Vernova's fundamentals are strong. The company beat second-quarter expectations while reporting an 88% year-over-year jump in its backlog. GE Vernova's $176 billion backlog provides significant visibility into near- and intermediate-term revenue. The company's profitability metrics have risen substantially.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Vernova also raised its full-year 2026 guidance in its latest earnings release, with free cash flow potentially reaching $12.5 billion.
So what's the problem? The answer is blowing in the wind, as the song goes. GE Vernova's wind segment is struggling mightily, and orders decreased 40% year over year in this latest quarter. The wind segment's losses are also widening. It's expected that the wind business will hit a staggering $400 million loss this year.
#NVIDIA #flashing #first #quarter
GE Vernova's fundamentals are strong. The company beat second-quarter expectations while reporting an 88% year-over-year jump in its backlog. GE Vernova's $176 billion backlog provides significant visibility into near- and intermediate-term revenue. The company's profitability metrics have risen substantially.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Vernova also raised its full-year 2026 guidance in its latest earnings release, with free cash flow potentially reaching $12.5 billion.
So what's the problem? The answer is blowing in the wind, as the song goes. GE Vernova's wind segment is struggling mightily, and orders decreased 40% year over year in this latest quarter. The wind segment's losses are also widening. It's expected that the wind business will hit a staggering $400 million loss this year.
#NVIDIA #flashing #first #quarter
2 months ago
