GE Vernova (NYSE:GEV) Announces Quarterly Earnings Results

GE Vernova (NYSE:GEV) released its quarterly earnings results on Wednesday. The company reported $2.47 earnings per share for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70), Briefing.com reports. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The firm had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. During the same period last year, the company earned $1.86 EPS. The company’s revenue was up 21.9% compared to the same quarter last year.

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

• GE Vernova delivered a very strong second quarter, with orders up 88% to $24.2 billion, backlog reaching $176 billion, and management saying it remains on track to approach $200 billion in backlog by 2027.
• Power demand was especially strong: Gas Power signed 20 GW of orders and slot reservation agreements in the quarter, and the company now expects at least 125 GW under contract by year-end with more than half of 2031 production slots already likely sold.
• Electrification continued to outperform, with $2.7 billion of data center orders in the quarter and total first-half data center orders above $5 billion, while equipment backlog rose above $40 billion.
• Profitability and cash generation improved sharply, as adjusted EBITDA margin expanded to 10.5% in the first half and second-quarter free cash flow reached $5.1 billion, helped by strong down payments and working capital benefits.
• Management raised full-year 2026 guidance for revenue and free cash flow, but Wind remains a drag with soft U.S. onshore demand, tariff uncertainty, and expected full-year EBITDA losses of about $400 million.

GE Vernova Stock Down 8.1%

GE Vernova stock opened at $991.80 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65. The company’s 50-day moving average is $1,036.29 and its 200-day moving average is $918.91. The firm has a market capitalization of $266.52 billion, a PE ratio of 28.89, a P/E/G ratio of 3.98 and a beta of 1.09. GE Vernova has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94.

GE Vernova Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. GE Vernova’s payout ratio is currently 5.83%.

Insider Transactions at GE Vernova

In related news, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the transaction, the chief executive officer owned 1,835 shares in the company, valued at approximately $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the transaction, the chief accounting officer directly owned 3,549 shares in the company, valued at approximately $3,758,710.41. This trade represents a 39.66% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On GE Vernova

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in shares of GE Vernova by 29.4% during the 4th quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock worth $1,091,000 after buying an additional 753 shares during the period. Schnieders Capital Management LLC. raised its holdings in GE Vernova by 1.7% in the 2nd quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock valued at $828,000 after acquiring an additional 26 shares during the period. Jump Financial LLC acquired a new stake in GE Vernova during the second quarter worth approximately $258,000. Ossiam bought a new stake in shares of GE Vernova during the second quarter worth approximately $42,000. Finally, Nebula Research & Development LLC boosted its holdings in shares of GE Vernova by 23.9% during the second quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock worth $886,000 after acquiring an additional 323 shares during the period.

Wall Street Analyst Weigh In

GEV has been the subject of a number of analyst reports. Weiss Ratings raised shares of GE Vernova from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Wall Street Zen upgraded shares of GE Vernova from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. TD Cowen raised their price objective on GE Vernova from $780.00 to $1,220.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. BNP Paribas Exane downgraded GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 target price on the stock. in a research report on Monday, April 27th. Finally, Oppenheimer set a $1,303.00 target price on GE Vernova in a report on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,089.88.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova raised its 2026 revenue forecast and free-cash-flow outlook after a surge in orders, signaling stronger demand across its power and electrification businesses. GE Vernova raises annual revenue forecast as strong power demand boosts orders
• Positive Sentiment: Quarterly revenue came in above Wall Street estimates, and the company cited record orders and backlog growth, which supports the long-term growth story. GE Vernova Inc (GEV) Q2 2026 Earnings Call Highlights: Record Growth in Orders and Cash Flow
• Neutral Sentiment: Analysts and market commentary highlighted strong AI-related power demand and a large backlog, but also noted that the stock had already rallied sharply, leaving less room for upside on good news. GE Vernova Stock Rises on Strong Order Growth in Earnings Report
• Negative Sentiment: Adjusted profit missed consensus by a wide margin, which appears to be the main trigger for the selloff despite the stronger revenue and outlook. GE Vernova (GEV) Q2 Earnings Lag Estimates
• Negative Sentiment: The Wind business remained a major drag, with widening losses and weaker revenue in that segment, raising concerns about margin pressure and execution. GE Vernova shares fall as wind losses overshadow record backlog and data center demand
• Negative Sentiment: Management warned that tariffs could add up to $200 million in costs next year, creating an additional headwind for profitability. GE Vernova flags up to $200 million tariff hit after second-quarter profit miss

About GE Vernova

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.