GE Vernova
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Track GE Vernova in real time with a live news feed covering GE Vernova stock news, official press releases, company announcements, and an archive of historical GE Vernova news. ...more
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3:20 PM | Friday | May 15, 2026
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GE Vernova gains from rising AI-driven power demand, strong orders and global project wins, but tariff costs and premium valuation may temper appeal.
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GE Vernova gains from rising AI-driven power demand, strong orders and global project wins, but tariff costs and premium valuation may temper appeal.
Read full article
GE Vernova gains from rising AI-driven power demand, strong orders and global project wins, but tariff costs and premium valuation may temper appeal.
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I am rating GE Vernova a Strong Buy because I believe the AI infrastructure trade is shifting from chips to electricity and sits inside that bottleneck through its portfolio. The main growth drivers are Power and Electrification. My model assumes 2028 Power EBITDA of $8Bn and 2028 Electrification EBITDA of $6.1Bn, helped by backlog growth, pricing and data-center demand. My price target is $1,717 per share implying a 60% potential upside.
The PT is based on $13.7Bn of 2028 adjusted EBITDA and a 34x EBITDA multiple.
Two profitable nuclear energy companies, one winner.
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The U.S. Department of Energy is considering a plan to finance billions of dollars for components of large nuclear reactors that can take a long time to secure, the head of the industry group Nuclear Energy Institute said on Tuesday.
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After reaching an important support level, GE Vernova (GEV) could be a good stock pick from a technical perspective. GEV surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
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For the quarter, Alger SICAV - Alger Dynamic Opportunities Fund portfolio's average long exposure was 78.38% and the average short exposure was -30.91%. Long positions Nebius Group N.V.
, Western Digital Corporation and GE Vernova Inc. were among the top contributors to performance. Long positions AppLovin Corp., Amazon.com, Inc.
and MongoDB, Inc. were among the top detractors from performance.
The nuclear industry has seen a recent flurry of announcements, headlined by two major industry partnerships to rapidly deploy new reactors. These exciting developments come against the backdrop of a new national poll showing increased positive sentiment towards nuclear energy.
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Western Digital Corporation contributed positively to performance after the company delivered strong fiscal second-quarter results. Nebius Group reported positive adjusted earnings at the group level for the first time. GE Vernova Inc. shares contributed positively to performance supported by a strong fiscal fourth-quarter earnings report.
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Class A shares of the Alger Dynamic Opportunities Fund underperformed the S&P 500 Index during the first quarter of 2026. Long positions Western Digital Corporation, Nebius Group and GE Vernova Inc. were among the top contributors to performance. Our short position in a leading fiber laser and photonics manufacturer detracted from performance as shares rose during the quarter.
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2.5 GW collaboration will work to advance world's first gas-plus-nuclear plant planned for Texas CHEVY CHASE, Md., May 5, 2026 /PRNewswire/ -- Blue Energy , a developer of financeable, prefabricated nuclear power plants, and GE Vernova (NYSE: GEV) today announced a strategically paired 2.5 GW nuclear and natural gas collaboration.
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