GE Vernova IncNYSE: GEV
Industrials · Heavy Electrical Equipment
$1,064.74
-1.73%
Vol: 2.8M
Research Digest
Friday, May 1, 2026
GE Vernova hits all-time high after delivering record Q1 results with 87% EBITDA growth YoY and $13B in new orders, raising 2027 backlog target to $200B
GE Vernova reported stellar Q1 2026 results with net profit surging to $4.75B (vs $264M YoY), adjusted EBITDA growing 87% YoY to $896M, and booked $13B in new orders. The company accelerated its $200B backlog target from 2028 to 2027. Stock surged 14.6% this week and is up 76% YTD, hitting an all-time high. Key orders include Egypt power plant modernization and 71.5 MW wind turbine supply agreements. Multiple analysts raised price targets. Stock trades at $1,085.70.
Previous Market Intelligence
13 daysApr 30GE Vernova Q1 adjusted EBITDA surges 87% and Jefferies raises PT to $1,350; BNP Paribas downgrades to Neutral on growth sustainability concernsMixed▶
GE Vernova posted exceptional Q1 earnings with adjusted EBITDA jumping 87% and revenue rising 16%. The company released Q1 results on April 22 exceeding analyst expectations and raised full-year 2026 guidance. Jefferies analyst Julien Dumoulin-Smith increased price target from $965 to $1,350 per share, implying 20% upside potential. Wind segment secured 71.5 MWs orders across Germany and Spain projects. However, BNP Paribas Exane downgraded from Outperform to Neutral citing concerns that much gas turbine capacity is already contracted through 2030, limiting near-term growth visibility. Stock traded between $1,047-$1,107 on April 30 after 775% two-year surge.
Apr 29GE Vernova Boosts Guidance After Q1 Beat; Expects $200B Backlog in 2027 vs 2028 PriorPositive▶
GE Vernova surged post-earnings with Q1 adjusted EBITDA up 87% YoY to $896M and net profit soaring to $4.75B. Company raised full-year guidance and accelerated backlog target to $200B in 2027 (from 2028). Q1 orders reached $13B. Recent wins include Egypt power modernization deal (Apr 29) and Spain wind turbines. Analysts upgraded targets by 20%+ following results. BNP Paribas Exane downgraded to Neutral on April 28 citing growth momentum concerns. Stock up 64.9% YTD despite recent 3.66% pullback.
Apr 16GE Vernova hits 52-week high of $974.99 after multiple analyst upgrades; Citi raised price target to $1,110 from $779Positive▶
GE Vernova stock hit new 52-week high at $974.99 following analyst upgrades on April 9-13, with Citi raising price target to $1,110 from $779, and BofA raising to $1,095 from $916. The company will announce Q1 2026 financial results on April 22 before market open with webcast at 7:30 a.m. ET. GE Vernova purchased $70 million Rostraver distribution center in Pennsylvania to expand manufacturing footprint and completed Prolec GE acquisition on February 2, making it sole provider of integrated power-to-rack solutions from gas turbine to switchgear. Board declared $0.50 quarterly dividend per share. Stock has surged 43.5% since beginning of 2026.
Apr 15GE Vernova receives multiple analyst price target upgrades with stock reaching 52-week high ahead of Q1 earningsPositive▶
GE Vernova stock reached new 52-week high at $991.32 with wave of analyst upgrades. Citi raised target to $1,110; Bank of America to $1,095; RBC Capital to $996. Stock up 43.5% YTD. GE Vernova signed MOU with Hungary MVM for energy collaboration. Q1 2026 earnings scheduled April 22.
Apr 14GE Vernova raises full-year guidance; analysts boost price targets 30-40% on clean energy growthPositive▶
Raised 2026 revenue guidance to $44-45B. RBC PT to $996, BofA to $1,095, Citi to $1,110. Expanded partnerships with Xcel Energy and Maxim Power. Q1 results April 22.
Apr 13GE Vernova acquires $70M Rostraver distribution center; Goldman raises PT to $1,000Positive▶
GE Vernova spent $70M to acquire Rostraver, Pennsylvania distribution center (April 7), expanding from previous 150K sq ft lease. Goldman Sachs raised price target to $1,000 from $925 on April 7. Q1 earnings scheduled April 22 before market open. Stock up 117% over past year on $150B+ order backlog.
Apr 10GE Vernova analyst upgrades boost stock 4%; signed MOU with Hungary MVM for energy collaboration.Positive▶
GE Vernova stock jumped 4% after Susquehanna, Barclays, and Goldman Sachs raised price targets. Signed MOU with Hungary's MVM for energy sector collaboration. Stock closed at $936.07 (+43.5% YTD). Spent $70M acquiring Rostraver distribution center. Supplying seven gas turbines for 4.5-GW Homer City power plant. Q1 2026 earnings announced for April 22.
Apr 9GE Vernova stock hits all-time high amid S&P 100 inclusion and contract wins.Positive▶
GE Vernova reached $948.76 all-time high after S&P 100 inclusion effective March 23, 2026. Company announced $70M warehouse acquisition in Pennsylvania and $200M Vietnam facility expansion. Strong analyst sentiment with Barclays raising target to $993 from $849. Quarterly dividend of $0.50 payable April 14, 2026. Q1 2026 earnings scheduled for April 22.
Apr 8GE Vernova buys Rostraver warehouse; Barclays raises price target to $993.Positive▶
GE Vernova acquired a Rostraver warehouse and received Barclays upgrade April 1, raising target from $849 to $993. On growth trajectory fueled by AI infrastructure and power generation demand, with 2026 revenue guidance raised to $44-$45B.
Apr 7GE Vernova receives analyst double upgrade with price targets raised 17-18% following strong strategic progressPositive▶
GE Vernova announced $200M Vietnam expansion, successful 100% ammonia combustion tests with IHI, and a Hitachi SMR partnership for Southeast Asia. The company completed $5.275B Prolec GE acquisition and launched GridOS software platform. 2026 revenue outlook raised to $44-45B with EBITDA margins at 12%. Barclays raised price target to $993 from $849 on April 1, Wells Fargo to $896 from $831 on March 31. Board declared $0.50/share Q2 2026 dividend and increased buyback to $10B.
Apr 6Multiple analyst upgrades; 54% YoY gas turbine order growth in 2025.Positive▶
GE Vernova announced $200M Vietnam expansion for HVDC transformers (full ops 2028). Barclays raised PT to $993 from $849; Morgan Stanley to $960; Wells Fargo to $896 (April 2026). 2025 saw 54% YoY gas turbine orders; projecting 20 GW annualized output mid-2026 rising to 24 GW by 2028.
Apr 3Barclays raised GE Vernova's price target to $993 driven by strong gas turbine demand and AI data center tailwinds.Positive▶
GE Vernova announced a $200 million investment to expand electrification manufacturing in Vietnam. The company achieved 54% YoY growth in gas turbine orders in 2025, projecting 20 gigawatts of annualized output by mid-2026. Multiple analyst upgrades in early April (Barclays $993, Morgan Stanley $960, Rothschild $1100) reflect bullish sentiment on AI-driven demand. GE Vernova was included in the S&P 100 on March 23, 2026. Stock currently trades at $893.23.
Apr 1GE Vernova added to S&P 100 effective March 23 and raised 2026 guidance after Q4 2025 beat; stock up 32% YTD.Positive▶
GE Vernova reported strong Q4 2025 earnings beating analyst estimates with record $150 billion backlog (up 25% in 2025). Company expanded electrification manufacturing to Vietnam with $200 million investment and achieved strategic partnerships with IHI and Hitachi on ammonia combustion and small modular reactors. Addition to S&P 100 on March 23 provides index fund tailwinds. Morgan Stanley raised PT to $960, Rothschild upgraded to Buy with $1,100 target.
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