With a market cap of around $162 billion, GE Vernova Inc. (GEV) is an energy company that provides products and services for generating, transferring, converting, and storing electricity worldwide. Operating through its Power, Wind, and Electrification segments, the company delivers technologies and solutions spanning gas, nuclear, hydro, wind, solar, and energy storage systems. The Cambridge, Massachusetts-based company is expected to release its fiscal Q3 2025 results before the market opens on Wednesda ...

Group 1 - GE Vernova Inc. is considered one of the best IPO stocks to buy and hold for 3 years, with a price target raised to $580 by HSBC analyst Sean McLoughlin from $570, maintaining a Hold rating [1] - The company reported Q2 2025 orders of $12.4 billion and revenue of $9.1 billion, reflecting an 11% year-over-year increase, driven by demand in the Power and Electrification segments [2] - GE Vernova's backlog increased by $5.2 billion sequentially, with notable growth in the Gas Power equipment backlog and slot reservation agreements rising from 50 to 55 GW [3] Group 2 - The company operates in three segments: Power, Wind, and Electrification, providing various products and services related to electricity generation, transfer, orchestration, conversion, and storage [3]