GE Vernova Stock News

Investors need to be careful if they place early bets on startup companies seeking to provide nuclear-generated electricity for data centers, according to Paul Wick of Columbia Threadneedle Investments.

A project it's involved with earned a $400 million grant from the U.S. Department of Energy. This will hopefully keep it on track for completion early next decade.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--This holiday season, GE Vernova celebrates the power of giving and creativity through two uplifting events: the transformation of Rockefeller Center into Innovators Toy Land and the launch of a global Innovators Toy Drive. Opening to the public on Monday, December 8, Innovators Toy Land invites children and families to explore a series of interactive exhibits ...

It may be the spawn of a company that faded into irrelevancy, but GE Vernova is thriving as a standalone outfit. Most investors may not appreciate just how long it takes CRISPR Therapeutics to complete a dosing regimen and start collecting revenue.

Markets are reacting positively to recent news surrounding two key players in the energy ecosystem. Shares of Constellation Energy NASDAQ: CEG and GE Vernova NYSE: GEV both shot up on Nov. 19, reflecting renewed investor confidence tied to sector-specific developments and long-term growth potential in clean and nuclear energy.

The AI tailwinds have really powered energy stocks over the past year, thanks to a looming surge in demand driven by new AI data centers coming online.

GE Vernova has experienced strong growth, driven by AI-related electrification demand and robust order backlogs, despite ongoing wind segment challenges. GEV's Q3 results showed rising revenues, improved margins, and strong guidance, but valuation remains stretched compared to peers like Siemens Energy. Analysts maintain a positive outlook, but GEV trades at high multiples, with a PEG ratio and...

GE Vernova is well-positioned to benefit from rising energy demand, particularly from the growth of power-hungry data centers. It generates revenue from selling energy infrastructure (such as gas and wind turbines) and service contracts.