GE Vernova Inc.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Scott L. Strazik
- Full Time Employees
- 78,000
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 58 Charles Street Cambridge MA United States of America 02141
- IPO Date
- Mar 27, 2024
- CIK
- 0001996810
- Website
- gevernova.com
- Similar Companies
- Business
- GE Vernova Inc. (NYSE: GEV) designs, manufactures and services energy equipment that generates, transmits, orchestrates, converts and stores electricity to support the global energy transition; the company operates through Power, Wind and Electrification segments, offering gas turbines including heavy-duty HA-class models, nuclear technologies via GE Hitachi Nuclear Energy, hydro and steam power solutions; onshore and offshore wind turbines such as the Haliade-X platform and blades from LM Wind Power; grid solutions, power conversion, electrification software, solar inverters like FLEXINVERTER, energy storage systems and transformers through its Prolec GE joint venture. GE Vernova serves utilities, independent power producers, industrial customers and governments worldwide across more than 100 countries, with approximately 75,000 employees and manufacturing sites spanning the United States, Europe, Asia and Latin America including key U.S. facilities in Greenville SC, Schenectady NY and Wilmington NC. Headquartered in Cambridge Massachusetts and spun off from General Electric in April 2024 following its incorporation in 2023, the company builds on over 130 years of heritage in energy technologies. Recent developments include a October 2025 agreement to acquire the remaining 50% stake in Prolec GE from Xignux for $5.275 billion to bolster its Electrification segment and North American grid capabilities, expected to close mid-2026; nearly $600 million in U.S. factory investments announced January 2025 to create 1,500 jobs focused on gas power, grid, nuclear and wind expansions as part of a $9 billion global capex and R&D plan through 2028; and a September 2025 divestiture of its Proficy manufacturing software business to TPG for $600 million.
Can GE Vernova's Strong Q2 Results Fuel Further Earnings Growth?
GE Vernova: I Can't Stop Buying This AI Power Stock
GE Vernova's AI Power Boom Faces a Profit Test
GE Vernova: Rising Guidance Every Quarter, 2028 Looks Bright (Rating Upgrade)
GE Vernova: Hard To See Much Upside With Expectations This High
Bloom Energy vs. GE Vernova: Which AI Power Stock Deserves Your $5,000 Today?
Is GE Vernova Stock a Buy After Its 25.2% Six-Month Rally?
GE Vernova Holds an $176 Billion Backlog, Yet Wall Street Is Selling: What Investors Should Know.
Here's Why This AI-Related Power Company's Stock Declined in July
AI Electricity Demand: GE Vernova and Eaton Will Capture This Next Wave of Capex
GE Vernova Set to Be Biggest Winner From AI Data Center's Massive Power Shortfall
Luke Lango and Louis Navellier Rank the Best AI Stocks to Buy Right Now
Better Small Modular Reactor Stock: NuScale Power vs. GE Vernova
Why Did AirJoule Stock Pop Today?
Project Prometheus: AI Powers Nuclear Energy
$5,000 in GE Vernova at Its 2024 Low Would Be Worth This Much Now
Scott Strazik's GE Vernova Has a $176 Billion Backlog. So Why Did Wall Street Sell the Stock?
Why an Aging Power Grid Is Fueling a New ETF Bet
GE Vernova Inc. (GEV) Is a Trending Stock: Facts to Know Before Betting on It
AI Energy Bottleneck: Buy GE Vernova or NextEra Energy on AI Pivot?