GEV
GE Vernova Inc (GEV) Q2 2026 Earnings Call Highlights: Record Growth in Orders and Cash Flow
Article Summary
HOLD- GE Vernova Inc. (NYSE: GEV) reported record equipment orders more than doubling in 2Q 2026, with service orders growing by 15% and total backlog reaching $176 billion, up $13 billion from the previous quarter.
- GE Vernova posted 61% year-over-year growth in adjusted EBITDA, driven by strong performance in power and electrification segments, while free cash flow reached approximately $10 billion year-to-date, more than 2.5 times 2025 results.
- Guidance for 2026 revenue was raised to $45.5-46.5 billion, reflecting confidence in the company's trajectory and strong first-half performance, though wind segment orders declined by 40% due to lower onshore equipment orders, primarily in North America.
- Despite strong cash flow, GEV made a voluntary contribution of approximately $500 million to its largest pension plan, impacting cash availabilitiy, and anticipates wind revenue to decline at a low double-digit rate in the third quarter due to permitting delays and tariff uncertainties.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 10.2% | 25% | 50.0 ptsMeets Minimum (10.2%) - Passes screener |
| EPS Growth Next 5Y ? | 24.6% | 25% | 70.0 ptsGood (24.6%) - Solid outlook |
| Target Price Upside ? | 25.3% | 20% | 75.0 ptsSignificant Upside (25.3%) - Target: $1233.88 vs Current: $985.03 |
| Gross Margin % ? | 20.2% | 15% | 40.0 ptsModerate (20.2%) - Adequate margins |
| Drawdown from 52-Wk High ? | -17.6% | 15% | 40.0 ptsMild Pullback (-17.6%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About GEV
- 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.