GE Vernova stock has rallied 206% in the past year, with strong fundamentals and growth prospects.

From Yahoo Finance: 2025-06-30 11:17:00

GE Vernova (GEV) stock has soared 206% in the past year due to increased electricity demand from data centers, AI, clean energy, and grid modernization. In Q1 2025, the company secured $10.2 billion in orders, with strong equipment and services growth driving profits and cash flow improvements.

The company’s equipment and services segments are growing, with backlogs increasing significantly. Services now make up over 60% of the $123 billion backlog, providing strong revenue visibility. Demand for its Gas Power business remains strong, with 50 gigawatts of gas turbines under contract and a goal to secure over 60 gigawatts by year-end.

Looking ahead, GE Vernova’s order books for 2026 and 2027 are nearly full, with progress in nuclear energy and electrification segments. The company’s momentum is expected to continue, with a “Strong Buy” consensus rating from analysts and potential upside in stock price. Despite the rally, strong fundamentals position GE Vernova for continued growth.

Read more: After 206% Rally in a Year, Is GE Vernova Stock a Buy Right Now?