GE Vernova Stock News

U.S. equities rose at midday as May consumer inflation came in lower than expected, and the U.S. and China reached a trade agreement. The Dow Jones Industrial Average, S&P 500, and Nasdaq all advanced.

GE Hitachi is a joint venture between U.S. industrial company GE Vernova and Japanese conglomerate Hitachi.

President Donald Trump ordered the Nuclear Regulatory Commission to decide on applications for new nuclear plants within 18 months. Trump's order could help launch small modular reactors in the U.S. by late 2030, GE Vernova CEO Scott Strazik said.

GE Vernova Inc. is experiencing robust backlog and order growth, driven by surging demand for gas turbines to power data centers and global energy needs. Management is aggressively expanding gas turbine capacity beginning in e2h26 as demand for natural gas turbines expands in support of industrial and data center power needs. Management is accelerating cost reductions in order to mitigate tarif...

GE Vernova is well-positioned to benefit from both the renewable and traditional energy markets, thanks to a strong order book and unique market position. Robust financial performance, with strong free cash flows and minimal debt, provides stability and scope for further growth investments. Short-term challenges such as import tariffs and weaker wind energy performance could cause temporary mar...

The nuclear industry is expected to benefit from a budget bill approved in the House on Thursday. The legislation, referred to by Trump as his “one big beautiful bill” and heavily opposed by Democrats, includes provisions that would reduce spending on Medicaid by nearly $700 billion and reduce spending for a national food assistance program, among others.

GE Vernova stock is in a buy zone and reached a record high.

Susquehanna analyst Charles Minervino raised his GE Vernova price target to a Street-high $499 on Wednesday.