MarketPR
GE Vernova (GEV) management lifted its 2026 revenue and free cash flow targets on July 22, 2026, following a period of consistent customer demand for gas turbines and data center power equipment.
Over the year ending October 8, 2026, GE Vernova shares delivered a 60.1% return, significantly exceeding the 16.3% gain for the S&P 500.
At the time of the second-quarter 2026 report, the company held a backlog of signed but undelivered work valued at $176 billion.
This figure increased by $13 billion from the previous quarter, with leadership indicating the total is on pace to hit $200 billion in 2027.
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