GE Vernova stock gains 47.71 percent as orders surge

Published on 09/23/2026 at 11:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Vernova stock rose 47.71 percent over 12 months by September 22, 2026. Q2 orders reached USD 24.2 billion, up 88 percent organically.

Luftaufnahme eines Offshore-Windparks von GE Vernova bei Sonnenuntergang mit Übertragungsmasten — GE Vernova US36268G1022 betreibt große Offshore Windparks und Hochspannungsnetze an globalen Küstenstandorten, Illustration mit AI erstellt.

GE Vernova stock (ISIN US36828A1016) closed at USD 950.75 on September 22, 2026, up 0.48 percent, while its 12-month return reached 47.71 percent. The move leaves the company valued at USD 253.21 billion, with investors weighing a record order backlog against a still-lossmaking wind business.

Orders reach USD 24.2 billion

According to Yahoo Finance on September 22, 2026, GE Vernova reported second-quarter orders of USD 24.2 billion, an 88 percent organic increase. The most recent quarter also ended with a USD 176 billion backlog, and management was reported to be targeting USD 200 billion in 2027.

The comparison is important because the backlog is more than seven times the quarterly order figure, giving the stock an unusually visible revenue pipeline. The same September 22, 2026 report said gas contracts reached 20 gigawatts in the quarter and that at least 125 gigawatts of gas equipment could be under contract by the end of 2026.

Cash flow offsets wind losses

Cash generation is the second quantitative support. Yahoo Finance reported on September 22, 2026 that second-quarter free cash flow reached USD 5.1 billion, above the full-year 2025 total, while 2026 guidance increased to USD 11.5 billion to USD 12.5 billion from USD 6.5 billion to USD 7.5 billion.

The counter-factor is visible in Wind. The September 22, 2026 report said Wind revenue fell 10 percent in the second quarter and that the segment was still expected to post approximately USD 400 million of EBITDA losses for full-year 2026. That weakness contrasts with reported Power and Electrification EBITDA margins of 18.8 percent and 18.4 percent, respectively.

Stock remains below its yearly high

Market data show a wide valuation range. GE Vernova stock traded between USD 530.16 and USD 1,195.94 over the 52 weeks covered by MarketBeat on September 22, 2026. The USD 950.75 close was USD 245.19 below that high, while the consensus target cited by MarketBeat stood at USD 1,145.83.

Analyst views remain dispersed. MarketBeat said Sanford C. Bernstein reiterated an Outperform rating with a USD 1,298.00 objective on September 15, 2026. The same source reported that Mizuho had raised its target from USD 913.00 to USD 949.00 on July 24, 2026, while Guggenheim had lifted its target from USD 1,300.00 to USD 1,450.00 on July 23, 2026.

GE Vernova stock closes at USD 950.75

GE Vernova stock closed at USD 950.75 on the NYSE on September 22, 2026, with a daily gain of 0.48 percent. The latest close was accompanied by volume of 2.12 million shares and market capitalization of USD 253.21 billion.