GE Vernova soars as company raises annual revenue forecast - GEV News | RalliesGE Vernova soars as company raises annual revenue forecast
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GEV• Shares rise after revenue forecast increase
- 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
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