GE Vernova soars as company raises annual revenue forecast

GE Vernova

22/07/2026 11:34

** Shares of power equipment maker GE Vernova GEV.N rise 5% to $1,125 premarket
** GEV raises annual revenue forecast as strong power demand accelerates order growth across its power and electrification units
** Expects revenue of $45.5 billion to $46.5 billion in 2026, compared with its prior view of $44.5 billion to $45.5 billion 
** Reports $24.2 billion in orders in Q2
** As of last close, GEV up 65% YTD

 (Reporting by Dharna Bafna in Bengaluru)
 ((dharna.bafna@thomsonreuters.com))