GEV Stock Recent News

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GE Vernova (GEV) closed the most recent trading day at $634.15, moving 1.46% from the previous trading session.

GE Vernova Inc. (NYSE:GEV ) Morgan Stanley's 13th Annual Laguna Conference September 11, 2025 10:45 AM EDT Company Participants Scott Strazik - CEO, President & Director Conference Call Participants David Arcaro - Morgan Stanley, Research Division Presentation David Arcaro Executive Director & Lead Analyst of Utilities Hello. I think we'll get started.

U.S. power equipment maker GE Vernova said on Thursday it had agreed to sell Proficy, its industrial software business, to asset management firm TPG for $600 million as part of cost-cutting measures.

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced Scott Reese has been elected to Planet's board of directors by stockholder written consent, to be effective later this year. Mr. Reese is the Chief Executive Officer of the Electrification Software business at GE Vernova (NYSE: GEV), a $150 billion plus market capitalization purpose-built global energy company. “I'm thrilled to welcome Scott to our board,” said.

GE Vernova Inc GEV shares are trading higher Monday afternoon following the announcement of a major life extension and modernization project for the Dublin Bay power plant in Ireland. In partnership with the Electricity Supply Board, the project aims to enhance performance and support ESB's Net Zero by 2040 carbon emissions strategy.

GEV stock is capitalizing on booming demand for combined-cycle power plants, with its gas power equipment orders tripling and global projects fueling growth.

GE Vernova's strong 2025 performance is driven by surging global electricity demand, especially from AI data centers, boosting its Electrification segment. Management recently raised its full-year 2025 guidance for revenue, EBITDA margin, and free cash flow, signaling that they expect the excellent financial performance to continue. A key catalyst is a turnaround in the Wind segment; progress here, especially on projects like Dogger Bank, could significantly lift investor sentiment.

GE Vernova (GEV) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

GE Vernova is uniquely positioned to benefit from surging global electricity demand, driven by AI data centers, EVs, and industrial electrification. Strong Q2 2025 results, a $129bn backlog, and high-margin service offerings provide pricing power and cash flow visibility. Power and Electrification segments are already approaching 2028 margin targets, with further upside likely as demand outpaces supply.