GE Vernova shares surge on strong 2026 revenue forecast

Shares of power-equipment maker GE Vernova GEV.N climb nearly 7% to $667.2 before the bell

Forecast higher revenue for 2026 on Tuesday, compared with its 2025 expectations, on the back of strong demand, and boosted its buyback plan by $4 billion

Turbine maker expects 2026 revenue between $41 billion and $42 billion vs 2025 forecast of between $36 billion and $37 billion

Sees 80 gigawatts of signed combined-cycle gas turbine contracts by the end of the year as electricity demand ramps up from Big Tech's data centers

Average rating of 34 analysts is "buy"; median PT $706 - data compiled by LSEG

As of last close, stock is up nearly 90.1% YTD