GE Vernova stock highlights 88 percent Q2 order growth

Published on 10/06/2026 at 18:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Vernova stock carries 2026 revenue guidance of USD 45.5 billion to USD 46.5 billion after Q2 orders rose 88 percent. Analysts set a USD 1,171.87 average target.

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GE Vernova stock was trading at USD 1,041.28 on the NYSE at 12:00 p.m. ET on October 6, 2026, up 5.18 percent from the prior close. The central operating signal remains the companys Q2 2026 order growth, which points to strong demand across power and electrification.

Orders drive the growth case

According to Yahoo Finance on July 22, 2026, GE Vernova booked USD 24.2 billion of Q2 orders, an 88 percent year-over-year increase. Its backlog reached USD 176 billion, up USD 13 billion from the prior quarter, while Q2 revenue increased 12 percent.

The mix matters for investors. Equipment revenue rose 14 percent year over year, services revenue increased 10 percent, and adjusted EBITDA grew 61 percent to USD 1.2 billion, according to Yahoo Finance.

Guidance rises as wind weighs

GE Vernova raised its 2026 revenue guidance to USD 45.5 billion to USD 46.5 billion from USD 44.5 billion to USD 45.5 billion. The company also lifted free cash flow guidance to USD 11.5 billion to USD 12.5 billion from USD 6.5 billion to USD 7.5 billion, while maintaining adjusted EBITDA margin guidance of 12 percent to 14 percent, as Yahoo Finance reported from the July 22 call.

The counter-factor is Wind. The segment reported a USD 275 million EBITDA loss in Q2 and revenue declined 11 percent year over year, while management projected low-double-digit revenue declines for the third quarter, according to Yahoo Finance.

Analyst target stays above the stock

As MarketBeat reported on October 4, 2026, 35 analysts carried a Moderate Buy consensus: 26 buys, two strong buys, five holds and two sells. The average 12-month price target was USD 1,171.87, which lies 12.5 percent above the October 6 price of USD 1,041.28; targets ranged from USD 470.00 to USD 1,450.00.

The consensus reflects a split picture. MarketBeat also cited a USD 1,298.00 target from Bernstein, raised from USD 1,206.00 on September 15, while Morgan Stanley had moved to Underweight, making execution and Wind recovery central variables for the valuation.

Stock trades below its yearly high

GE Vernova stock was trading at USD 1,041.28 on the NYSE on October 6, 2026, with a market capitalization of USD 277.3 billion and a 52-week range of USD 530.16 to USD 1,195.94.