BUZZ-GE Vernova soars as company raises annual revenue forecast

GE Vernova Inc.

GE Vernova Inc.

GEV

0.00

** Shares of power equipment maker GE Vernova GEV.N rise 5% to $1,125 premarket

** GEV raises annual revenue forecast as strong power demand accelerates order growth across its power and electrification units

** Expects revenue of $45.5 billion to $46.5 billion in 2026, compared with its prior view of $44.5 billion to $45.5 billion

** Reports $24.2 billion in orders in Q2

** As of last close, GEV up 65% YTD