GE Vernova (NYSE:GEV) Releases Quarterly Earnings Results, Beats Estimates By $10.40 EPS

GE Vernova (NYSE:GEV) posted its quarterly earnings results on Wednesday. The company reported $13.39 EPS for the quarter, beating the consensus estimate of $2.99 by $10.40, FiscalAI reports. GE Vernova had a net margin of 4.52% and a return on equity of 17.07%. The business had revenue of $10.96 billion for the quarter, compared to analysts’ expectations of $10.21 billion. During the same period in the previous year, the company posted $1.73 EPS. GE Vernova’s revenue was up 3.8% on a year-over-year basis.

Here are the key takeaways from GE Vernova’s conference call:

• GE Vernova booked $59 billion of orders in 2025 and finished the year with a $150 billion backlog (up ~25%), with gas power slot reservations up to 83 GW and a goal of ~100 GW by end‑2026.
• The company raised 2026 guidance (now $44–45B revenue and 11–13% adjusted EBITDA margin), will close the Prolec GE acquisition Feb 2 (included in guidance), doubled the dividend for 2026, and increased the buyback authorization to $10 billion.
• Management emphasized margin expansion and operational ramp‑up — adding $8 billion of equipment backlog margin dollars in 2025, targeting ~20 GW annual gas turbine capacity by mid‑2026, and generating $3.7 billion of free cash flow in 2025.
• Wind remains a near‑term headwind after the U.S. offshore stop‑work order, driving roughly $600 million of 2025 wind losses, an expected Q1 2026 wind loss of $300–400 million, and a potential ~$250 million revenue hit if remaining Vineyard Wind turbines cannot be installed by March.

GE Vernova Stock Up 3.0%

Shares of GEV stock opened at $713.81 on Thursday. GE Vernova has a 12 month low of $252.25 and a 12 month high of $731.00. The business’s 50 day moving average is $646.06 and its two-hundred day moving average is $620.43. The company has a market cap of $193.67 billion, a PE ratio of 116.26, a price-to-earnings-growth ratio of 2.96 and a beta of 1.67.

GE Vernova Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 5th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, January 5th. This is an increase from GE Vernova’s previous quarterly dividend of $0.25. This represents a $2.00 dividend on an annualized basis and a yield of 0.3%. GE Vernova’s dividend payout ratio (DPR) is currently 32.57%.

Institutional Trading of GE Vernova

Large investors have recently modified their holdings of the company. Wealth Watch Advisors INC bought a new position in GE Vernova in the 3rd quarter worth $25,000. Monetary Management Group Inc. acquired a new stake in shares of GE Vernova in the second quarter valued at about $32,000. Ossiam bought a new position in shares of GE Vernova in the second quarter worth about $42,000. Beaird Harris Wealth Management LLC lifted its position in shares of GE Vernova by 3,100.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 96 shares of the company’s stock worth $59,000 after purchasing an additional 93 shares during the last quarter. Finally, Imprint Wealth LLC acquired a new position in shares of GE Vernova during the 3rd quarter worth about $71,000.

Trending Headlines about GE Vernova

Here are the key news stories impacting GE Vernova this week:

• Positive Sentiment: Q4 results materially beat expectations — GAAP EPS came in at $13.39 vs. ~ $3.00 consensus and revenue was $10.96B (vs. ~$10.2B). Management highlighted margin expansion and cash generation. Read More.
• Positive Sentiment: Company raised FY 2026 revenue outlook to $44.0B–$45.0B, well above Street consensus (~$41.9B), signaling stronger demand visibility for power/electrification. Read More.
• Positive Sentiment: Backlog strength and shareholder returns: management cited a roughly $150B backlog and announced a doubled dividend — supports revenue visibility and cash-return narrative. Read More.
• Positive Sentiment: Wall Street support: Bank of America revisited coverage citing strengthening backlog and margin expansion; China Renaissance initiated coverage with a Buy and a $966 price target (material upside vs. current levels). Read More.
• Neutral Sentiment: Options activity and interest: elevated options flows and analyst forecast revisions ahead of the print suggest higher short‑term trading/volatility. Read More.
• Neutral Sentiment: Some revenue mix headwinds noted (gas‑turbine timing, weaker onshore wind) even as EBITDA and margins improved — watch segment trends for durability. Read More.
• Negative Sentiment: One‑time items boosted EPS — the outsized EPS beat was materially driven by a tax benefit, so underlying operating earnings are smaller; investors should separate recurring operating momentum from accounting items. Read More.
• Negative Sentiment: Valuation: the stock trades at a high P/E (background data points to a stretched multiple), so much of the good news may already be priced in and raises sensitivity to execution risk. Read More.

Analyst Ratings Changes

GEV has been the subject of a number of research reports. China Renaissance initiated coverage on GE Vernova in a research report on Wednesday. They set a “buy” rating and a $966.00 price objective for the company. Wolfe Research raised GE Vernova from a “peer perform” rating to a “buy” rating in a research note on Wednesday, December 10th. Royal Bank Of Canada reissued an “outperform” rating and issued a $761.00 price target on shares of GE Vernova in a research note on Monday, December 22nd. The Goldman Sachs Group restated a “buy” rating and issued a $925.00 price objective on shares of GE Vernova in a report on Thursday. Finally, Glj Research lifted their target price on shares of GE Vernova from $758.00 to $1,087.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, GE Vernova has an average rating of “Moderate Buy” and a consensus price target of $718.07.

GE Vernova Company Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.