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GE Vernova (GEV) Climbs to All-Time High on Upbeat 3-Year Outlook, Doubled Dividends
Yahoo Financeยท 2025-12-11 15:19
Core Viewpoint - GE Vernova Inc. has significantly raised its growth outlook and doubled its quarterly dividends, leading to a surge in stock price to an all-time high [1][3]. Financial Outlook - GE Vernova has increased its revenue growth outlook for 2026 to a range of $41 billion to $42 billion, representing a growth of 13.5% to 13.9% from the previous expectation of $36 billion to $37 billion for 2025 [2]. - For 2028, the company targets revenues of $52 billion [2]. Business Segments - The electrification business is projected to grow by 20% in 2026 and by high teens in 2028 [3]. - The power sector is expected to increase by 16% to 18% in 2026, with further growth in the high teens over the next three years [3]. - Adjusted EBITDA is anticipated to grow by 11% to 13% in 2026, reaching up to 20% in 2028 [3]. Dividend Policy - GE Vernova has raised its quarterly dividends to $0.50 per share, up from $0.25, effective next year, with the first payment scheduled for February 2, 2026 [5]. Strategic Positioning - The CEO of GE Vernova emphasized the company's strong financial trajectory and its position to capitalize on the growing electric power market, which is critical for future economic growth [4].