GE Vernova commits $50 million to MIT as energy company celebrates its first year By Jon Chesto Globe Staff,Updated April 4, 2025, 9:48 a.m.

GE Vernova shares are up nearly 50% year to date, handily outperforming the broad market, as outer-year financial expectations continue to increase. Why it matters: We revisited our financial ...

GE Vernova (NYSE: GEV) is exploring the sale of its Proficy industrial software business in a deal that could fetch as much as $900M-$1B, Bloomberg reported Friday.

GE Vernova Inc. (NYSE:GEV – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday after Barclays raised their price target on the stock from $550.00 to $580.00.

Nantucket reaches $10.5 million settlement with GE Vernova over offshore wind turbine blade collapse last year By Sabrina Shankman and Travis Andersen Globe Staff, Updated July 11, 2025, 4:55 p.m.

Against that backdrop, GE Vernova’s gas power division reported first quarter orders of $6.2 billion, a 28 percent increase compared with the same three months last year. The order backlog for ...

This gives the company a significant growth runway. GE Vernova Inc. (NYSE:GEV) released its Q1 2025 results on April 23. It grew its orders by 8% year-over-year to reach $10.2 billion.

Since then, GE Vernova’s shares have surged nearly 250%, including a massive 65% spike just since the beginning of April to new highs, up to a market cap of about $125 billion.

In addition, GE Vernova is selected to provide a 20-year long-term service agreement, including all services and parts for the HA gas turbines, steam turbines and associated generators, to ...