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GE Vernova Sees ‘Humble’ Wind Orders

GE Vernova cautious about wind sector as gas business soars

GE Vernova said on Tuesday that it had resumed installing turbines at two offshore wind farms that experienced equipment failures this year, but the company's CEO said he was cautious about the outlook for the struggling sector.

Bloomberg L.P. · 23h

GE Vernova Sees ‘Humble’ Wind Orders as Data Centers Favor Gas

The head of GE Vernova Inc., which makes equipment for wind farms and gas-fired power plants, said electricity demand to run data centers is favoring the fossil fuel over the renewable energy source — at least,

news.bloomberglaw · 2h

GE Vernova to Power 5-Gigawatt Data Centers With Gas as AI Soars

GE Vernova Inc. has signed multiple contracts to sell natural gas turbines for data centers that will use enough power to light up major cities, the company’s top executive said.

GE Vernova Backs FY Revenue View

YAHOO!Finance · 1d

GE Vernova raises multi-year financial outlook, initiates dividend and authorizes buyback

GE Vernova (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition, today hosts its 2024 Investor Update event to present its multi-year financial outlook and frame its capital allocation strategy.

MarketWatch · 1d

GE Vernova Backs FY Revenue View; Raises Multi-Year Outlook

For 2024, the energy company still expects revenue between $34 billion and $35 billion. Analysts polled by FactSet expect $35 billion in revenue. Looking ahead, GE Vernova raised its multi-year organic revenue growth view to high-single digits by 2028,

Barron's on MSN · 22h

GE Vernova Bumps Up Sales Outlook, Announces First Dividend

Power generation technology provider GE Vernova updated its guidance and capital return plans Tuesday afternoon. The company sees 2028 sales of about $45 billion and earnings before interest, taxes, depreciation,

7hon MSN

GE Vernova CEO Scott Strazik on electricity demand: We're very well positioned to serve this market

GE Vernova CEO Scott Strazik joins 'Squawk on the Street' to discuss the surge in company stock since its spin-off from ...

GE Vernova’s offshore wind projects back on track as it looks to 'burn down' money losing backlog

Turbine OEM's only two projects, Vineyard Wind in the US and Dogger Bank in the UK, both suffered delays on blade failures ...

7hon MSN

These Stocks Are Moving the Most Today: Tesla, GameStop, GM, Super Micro, Macy’s, Dave & Buster’s, Walgreens, GE Vernova, and More

Tesla stock is on track for its sixth-straight session of gains, GameStop posts a surprise quarterly profit even as sales ...

8h

GE Vernova Projects Growth But Notes Challenges In Wind Segment

GE Vernova forecasts around $45 billion in revenue and a 14% adjusted EBITDA margin by 2028, with plans to invest ...

8h

GE Vernova price target raised to $390 from $385 at Evercore ISI

Evercore ISI raised the firm’s price target on GE Vernova (GEV) to $390 from $385 and keeps an Outperform rating on the shares after the ...

4d

GE Vernova to Provide Grid-Stabilizing Technology for German Transmission System Operator

GE Vernova secured a contract with 50Hertz Transmission GmbH to deliver advanced STATCOM technology, supporting Germany’s ...

1don MSN

GE Vernova Will Talk Growth Tuesday. Could a Dividend Be Next?

Power generation technology provider GE Vernova meets with investors Tuesday amid what has been an incredible and unexpected ...

11h

GE Vernova’s Positive Outlook and Strategic Initiatives Justify Buy Rating

Bank of America Securities analyst Andrew Obin has maintained their bullish stance on GEV stock, giving a Buy rating today.Pick the best ...

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