GE Vernova makes equipment and provides long-term services for companies that generate electricity and feed it onto the grid. We follow it because the power needed to run AI, rather than the chips, now sets the pace of data center construction, and the company supplies or moves that power.
Revised after a check against the company's own annual filing. · entry updated 2026-10-19
Bears on our standing view that spare computing capacity does not stop new power construction. It is proved wrong if hyperscaler capital-spending guidance cut at the late-October reports; or a data center of 100 megawatts or more publicly deferred citing surplus; or Vertiv cutting its growth guidance. Vertiv stopped reporting quarterly orders and backlog in February; we watch deferred revenue and growth guidance instead.
last revised 19 Oct 2026 · next scheduled disclosure not yet announced
The full report
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The market record
Free during the preview. Each figure shows only where two independent data providers, Massive and Yahoo, agree on it to the cent; a figure they do not agree on is left out. Dated, not live. It describes; it does not recommend.
Last close$774.11 close of 6 Nov 2026 · Massive and Yahoo agree
The day's range$751.25 – $821.50 6 Nov 2026 · both providers agree
52-week range$530.16 – $1,195.94 intraday low 21 Nov 2025 · intraday high 6 Jul 2026 · 251 sessions to 6 Nov 2026 · both providers agree
Market value$204.9 billion the 6 Nov 2026 close × 264,677,066 shares outstanding on the 10-Q cover, as of 30 Sep 2026
Filings
Newest first, from EDGAR. Where a piece read a filing, one line of what it said.
Newest first. Every figure traces to a filing; "Show sources" shows which.
28 Oct 2026GE Vernova backlog $197 billion: $197 billionGE Vernova reports third quarter 2026 financial performance, Exhibit 99, GE Vernova Inc., 28 Oct 2026 · filing(backlog up $20 billion sequentially)
28 Oct 2026GE Vernova backlog grew $20 billion sequentially: $20 billionGE Vernova reports third quarter 2026 financial performance, Exhibit 99, GE Vernova Inc., 28 Oct 2026 · filing(sequential increase in backlog)
9 Sep 2026EIA generation growth forecast: 2.2%EIA expects record electricity generation in 2026 and 2027 (press release, Sept. 9, 2026), U.S. Energy Information Administration · filing(growth in U.S. generation this year)
9 Sep 2026EIA record generation forecast: 4,368EIA expects record electricity generation in 2026 and 2027 (press release, Sept. 9, 2026), U.S. Energy Information Administration · filing(record U.S. generation this year)
22 Jul 2026GE Vernova gas-power backlog plus slot reservations, start of quarter: 100GE Vernova reports second quarter 2026 financial results and raises 2026 financial guidance, GE Vernova, July 22, 2026 · filing(to 116 GW in the quarter)
22 Jul 2026GE Vernova gas-power backlog plus slot reservations, Q2 2026: 116GE Vernova reports second quarter 2026 financial results and raises 2026 financial guidance, GE Vernova, July 22, 2026 · filing(from 100 GW)
22 Jul 2026GE Vernova expected gas-power backlog and reservations target: 125GE Vernova reports second quarter 2026 financial results and raises 2026 financial guidance, GE Vernova, July 22, 2026 · filing(at least, by end of 2026)
22 Jul 2026GE Vernova annual gas turbine output: 20GE Vernova reports second quarter 2026 financial results and raises 2026 financial guidance, GE Vernova, July 22, 2026 · filing(annual gas turbine capacity, Q3 2026)
22 Jul 2026GE Vernova annual gas turbine output plan: 24GE Vernova reports second quarter 2026 financial results and raises 2026 financial guidance, GE Vernova, July 22, 2026 · filing(annual gas turbine capacity in 2028)
22 Jul 2026GE Vernova annual gas turbine output plan: 30GE Vernova reports second quarter 2026 financial results and raises 2026 financial guidance, GE Vernova, July 22, 2026 · filing(annual gas turbine capacity in 2030)
22 Jul 2026GE Vernova data-center orders in Electrification: $5 billionGE Vernova reports second quarter 2026 financial results and raises 2026 financial guidance, GE Vernova, July 22, 2026 · filing(year to date, more than double the 2025 total)
Mentioned in
Every piece that names this company, newest first: what it said, and the standing view it bore on. Written when the piece is committed; never edited, never removed.
19 Oct 2026Figures added from "Is the AI build now waiting on the plug rather than the chip?".
19 Oct 2026Entry rewritten in plain words: what the company sells, and why we follow it.
12 Oct 2026Verified against the 10-Q filed 2026-07-22 at launch.
Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.
Record
Written according to the Grant Bishop standard — machine-researched, machine-checked, human-judged; then read and committed by the publisher. Every number traces to a filing or a dated market record; every claim carries a date and what would prove it wrong.
