GE Vernova gains on stronger full-year revenue outlook

Shares of power equipment maker GE Vernova GEV.N up 7% at $741.31 premarket

Co raises its annual revenue forecast, as strong electricity demand from data centers and grid upgrades drove order growth and margins in its Power and Electrification units

GEV expects full-year revenue in the range of $44 billion to $45 billion compared with its prior outlook of $41 billion and $42 billion

Analysts expect its 2026 revenue to be about $41.97 billion - data compiled by LSEG

In 2025, GEV shares rose 98.7%