GEV
SP100NYSEGE Vernova Inc.
Industrials · Specialty Industrial Machinery · United States
GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. It serves industrial, government, and other customers. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides grid solutions; power conversion; electrification software; and solar and storage solutions technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The company was incorporated in 2023 and is headquartered in Cambridge, Massachusetts.
www.gevernova.com ↗Shares trade at a premium 32.6× trailing earnings, easing to 45.4× on forward estimates. Profitability shows a net margin of 23.8% and return on equity of 75.7%. Leverage is modest at -1.8× net debt/EBITDA. Revenue grew 16.3% year-on-year. It yields 0.2% in dividends. The mean analyst target of USD1212.33 sits 8.9% above the current price (Buy, 34 analysts).
business model
GE Vernova is GE's spun-off energy business, providing equipment and services to generate, transfer, orchestrate, and store electricity. It spans gas and other power generation, grid electrification technology, and wind. Revenue combines large equipment sales with long-cycle service agreements on an installed base of turbines and grid equipment.
revenue segments
The three segments are Power (gas turbines, nuclear/SMR, hydro, and steam power, plus services), Wind (onshore and offshore wind turbines and services), and Electrification (grid equipment, transmission, power conversion, storage, and software). Power and its services provide a large share of profitability, while Wind (especially offshore) has been a drag.
key dependencies
The business depends on global electricity demand growth (including data centers, electrification, and decarbonization), utility and independent power producer capital spending, gas-turbine order cycles, grid investment, and government energy policy and subsidies. Offshore-wind economics and project execution are important swing factors.
competitors
Competitors include Siemens Energy and Mitsubishi Heavy Industries in gas turbines; Vestas, Siemens Gamesa, and others in wind; and Siemens, Hitachi Energy, ABB, and Schneider Electric in grid electrification.
moat
GE Vernova's advantages include a large installed base of gas turbines generating recurring service revenue, leading technology in gas power and grid equipment, high barriers to entry, and exposure to secular electricity-demand growth and grid modernization.
risks
Risks include losses and execution challenges in offshore wind, cyclicality and lumpiness of large equipment orders, exposure to energy-policy and subsidy changes, supply-chain and warranty/charge risks, and competition and margin pressure across power and grid markets.
Financials & metrics
as of 04 Jul 2026Tap any metric for an explanation.● provider● computedN/A not available from source
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.