GE Vernova (GEV) closed at $484.31 in the latest trading session, marking a -0.78% move from the prior day. This change lagged the S&P 500's 0.53% loss on the day. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq decreased by 0.83%.Heading into today, shares of the the energy business spun off from General Electric had gained 19.99% over the past month, outpacing the Oils-Energy sector's gain of 2.48% and the S&P 500's gain of 5.17% in that time.Investors will be eage ...

Key Takeaways GE Vernova will supply five 7H-Class turbines to Saudi Arabia's 3GW power plant expansion project. GEV stock is up 47.5% YTD, outperforming the industry, sector, and broader market by significant margins. GEV's gas turbine orders jumped 11.8% in Q1 2025.GE Vernova Inc. (GEV) recently clinched an order to supply five of its advanced 7H-Class gas turbines for Saudi Arabia’s 3 gigawatts (GW) Qurayyah Independent Power Plant Expansion Project. This further strengthens GEV’s Saudi ties, with the ...

The most recent trading session ended with GE Vernova (GEV) standing at $472.98, reflecting a +0.38% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.01%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq lost 0.32%.The the stock of the energy business spun off from General Electric has risen by 23.25% in the past month, leading the Oils-Energy sector's gain of 2.31% and the S&P 500's gain of 6.43%.The upcoming earnings release of GE Vernova wil ...

GE Vernova (GEV) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this the energy business spun off from General Electric have returned +30.8%, compared to the Zacks S&P 500 composite's +6.7% change. During this period, the Zacks Alternative Energy - Other industry, which GE Vernova falls in, has gained 17%. The key question now is: Wh ...

Core Insights - Trump's executive orders on nuclear power could facilitate the deployment of small modular reactors (SMRs) in the U.S. by late 2030, according to GE Vernova CEO Scott Strazik [1][3] - The Nuclear Regulatory Commission (NRC) has been directed to expedite the approval process for new nuclear plants, addressing long-standing industry complaints about delays [2][3] Industry Developments - The executive order may lead to approvals for constructing SMRs in the U.S. by 2027, potentially adding these reactors to the nuclear fleet by 2030 or 2031 [3] - SMRs are considered the future of nuclear power, with advantages such as lower construction costs and faster assembly compared to large nuclear plants, which have faced significant cost overruns and delays [4] Company Updates - GE Vernova has received approval to deploy its BWRX-300 reactor in Ontario, Canada, marking the first SMR deployment in the West [6] - The Tennessee Valley Authority has filed an application with the NRC to build a GE Vernova reactor in Oak Ridge, Tennessee [6] - Customer interest in GE Vernova's SMR technology is high, with expectations for more applications to construct new SMRs by the end of the year [7] - The company's core business in manufacturing and servicing natural gas-powered turbines is experiencing high demand, contributing to a nearly 48% increase in stock value this year [7]

Financial Data and Key Metrics Changes - GE Vernova has a strong balance sheet with over $8 billion in cash and no debt, positioning the company well for growth [6] - The power business is expected to maintain EBITDA margins of 13-14% this year, with a floor of 16% by 2028, excluding new pricing trends [31][32] Business Line Data and Key Metrics Changes - The gas business is experiencing strong demand, with a backlog of 50 gigawatts, expected to grow to at least 60 gigawatts by the end of the year [69] - The electrification segment is the fastest-growing business, projected to surpass wind in revenue size within the next year [22] - Wind business currently has the softest market, but operational improvements are being made to enhance service offerings [18][50] Market Data and Key Metrics Changes - The demand for gas equipment is strong globally, particularly in Asia and the Middle East, with significant opportunities in countries like Saudi Arabia [24][64] - The European market is facing affordability challenges, impacting pricing dynamics in the grid business [44] Company Strategy and Development Direction - GE Vernova aims to leverage its unique position in the market, focusing on the electrification of the grid and the integration of various energy sources [5][20] - The company is committed to investing in R&D, with a 25% increase in the budget to support future growth [74] Management's Comments on Operating Environment and Future Outlook - Management is optimistic about the growth potential in the electrification market and the role of gas and nuclear in the energy transition [12][54] - The geopolitical landscape is seen as an opportunity for GE Vernova to address trade imbalances and strengthen its market position [62] Other Important Information - The company is actively working on carbon capture technologies and low-carbon hydrogen solutions to support energy transition goals [57][59] - GE Vernova is focusing on improving operational efficiencies within its existing manufacturing footprint to meet growing demand without overextending capacity [29][72] Q&A Session Summary Question: Are GE Vernova and/or competitors requiring reservation fees for gas turbine orders? If so, how meaningful are the fees? - GE Vernova requires an average of 20% of the gas turbine contract price as a deposit for slot reservation agreements [56] Question: What are GE Vernova's key opportunities and innovations in carbon capture and low carbon hydrogen? - The company is investing in direct air capture technology and building a new gas plant in the UK with carbon capture capabilities [57][58] Question: How is GE Vernova dealing with tariff impacts? - The company is implementing cost reduction measures and negotiating contractual provisions to manage tariff risks effectively [37][40] Question: How does GE Vernova view its competitive positioning in HVDC within the grid? - The equipment backlog in the grid business has grown significantly, with a focus on HVDC projects in North America [60][61] Question: Following new deals in the GCC, is the region becoming more important for GE Vernova? - The Middle East is strategically important for data centers and chip manufacturing, with significant opportunities for GE Vernova [64][65]

GE Vernova Inc. (NYSE: GEV ) is realizing exceptional growth in its backlog and orders as global investments in gas-fired power plants expand to support growing demand for data center capacity. Beginning in e2h26, GE Vernova will significantly expand itsMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, ...

As global policies and investments increasingly favor decarbonization, electrification, and renewable infrastructure expansion, energy stocks focused on renewable transition, such as GE Vernova (GEV) and Siemens Energy (SMNEY) , are gaining popularity. Investing in these companies offers long-term exposure to the transformation of the global energy system, backed by rising demand for grid modernization and sustainable energy solutions.While GE Vernova is a pure-play energy company with a strong focus on gri ...

GE Vernova (GEV) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this the energy business spun off from General Electric have returned +31.9%, compared to the Zacks S&P 500 composite's +9% change. During this period, the Zacks Alternative Energy - Other industry, which GE Vernova falls in, has gained 22.2%. The key question now is: Wh ...

Financial Data and Key Metrics Changes - In 2024, the company booked $44 billion in orders and generated $35 billion in revenue, with EBITDA margin expansion across all segments and over $1 billion improvement in free cash flow [13] - The backlog grew to $119 billion, with equipment backlog increasing over 50% to $43 billion, adding more than $6 billion of margin through better pricing and disciplined underwriting [13] - The cash balance nearly doubled to over $8 billion since the spin-off, driven by strong free cash flow generation and capitalizing on value creation opportunities [13] Business Line Data and Key Metrics Changes - The company is focused on electrifying and decarbonizing the world, with a strong foundation built in 2024 and continued progress in early 2025 [12] - The energy transition is creating higher demand for the company's equipment and services, particularly in reliable baseload power, grid modernization, and decarbonization [12] Market Data and Key Metrics Changes - The company is in the early days of an investment super cycle in the electric power sector, driven by manufacturing growth, industrial electrification, EVs, and emerging data center needs [12] - Market dynamics continue to drive strong demand, leading to multi-decade growth opportunities for the company [14] Company Strategy and Development Direction - The company has framed a disciplined capital allocation strategy, including a $6 billion buyback authorization and an initial dividend of $0.25 per share [14] - The company aims to return at least one-third of cash generation to stockholders while investing in R&D and CapEx to position itself for long-term leadership in the energy transition [24] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the complexity of the current environment, including tariffs and inflation, but sees these as opportunities to differentiate the company as a strong industrial player [13][26] - The company is well-positioned to support U.S. energy strategy and create jobs, with a $600 million investment plan that will generate 1,500 new jobs in the U.S. [29] Other Important Information - The company emphasizes safety as a core value, with ongoing improvements in safety culture and practices [11] - The board of directors includes members with extensive experience in the energy sector, including nuclear power, which is critical for the company's strategic direction [32] Q&A Session Summary Question: When will GE Vernova raise the dividend? - The company declared an initial $0.25 per share quarterly dividend and expects to increase it as EBITDA and free cash flow grow [23][24] Question: How is the company responding to recently imposed tariffs? - The company estimates a $300 to $400 million impact from tariffs and inflation but is taking steps to mitigate these costs through pricing actions and disciplined supply chain management [25][26] Question: How does the current administration's policies affect stockholders? - The company is aligned with the administration's focus on energy security and has announced a $600 million investment to support U.S. competitiveness and innovation [28][29] Question: Why are there no female board candidates up for election this year? - The board has nine members, three of whom are women, and the current election is for only three nominees due to the classified board structure [30][31] Question: What experience do the nominees have with nuclear power? - Several board members have extensive experience in nuclear power, including leadership roles in major electrical utility companies [32]