GEV
GE Vernova shares fall as wind losses overshadow record backlog and data center demand
Article Summary
HOLD- GE Vernova (NYSE: GEV) shares fell 6.4% on Wednesday morning after the power equipment maker's wind segment losses widened even as GE Vernova posted stronger-than-expected quarterly revenue and record orders.
- GE Vernova's wind business reported revenue down 10% to $2.03 billion in the second quarter, with the segment's core loss widening to about $275 million on lower onshore equipment deliveries, and GE Vernova said it expects global tariffs to add $100 million to $200 million to costs in 2026.
- Data center orders exceeded $5 billion so far this year, more than double the total for all of 2025, while orders climbed 88% organically to $24.2 billion, pushing the company's backlog up $13 billion from the prior quarter to $176 billion.
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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.