GE Vernova: Repowering America

2026-03-04 06:09:40 ET

GE Vernova ( GEV ) is positioned to accelerate growth in the coming years in Power and Electrification as market demand drives substantial growth in new, margin-accretive orders. In addition to expanding production capacity, GE Vernova should see strong tailwinds for profitability over the coming years as the firm expands its serviceable power and electrical equipment footprint, driving recurring revenue through long-term service agreements. With new gas turbine capacity expected to come online in eq3’26 and the addition of Prolec GE to Electrification, I believe GE Vernova is well positioned to realize durable growth over the coming years; I am reiterating my Strong Buy rating for GEV shares with a price target of $1,169/share at 59.15x eFY27 EV/aEBITDA....

Read the full article on Seeking Alpha

For further details see: