GE Vernova's Booming Energy Business
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
GE Vernova, spun off from General Electric in 2024, has seen its stock skyrocket from $115 to over $900. The power and electrification segments are driving growth, fueled by AI and data center demand. Power segment orders surged by 51% in 2025, while electrification grew by 23%. Wind orders also improved, offsetting earlier delays. Analysts predict 15% annual revenue growth through 2028 and 55% EBITDA growth. Despite a high valuation, the companys growth potential could push shares up nearly 60%.
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