NEW YORK, Dec. 28, 2025, 11:24 a.m. ET — Market closed
GE Vernova Inc. (NYSE: GEV) heads into the final full trading week of 2025 with investors still fixated on a single, high-stakes theme: how fast electricity demand is rising—especially from AI data centers—and which equipment makers are best positioned to profit from the resulting grid bottlenecks.
With U.S. stock markets closed for the weekend, GE Vernova shares are last indicated around $663, after finishing Friday’s session at $663.46, down about 0.6% on the day. [1]
The most important fresh catalyst in the past 24–48 hours is not an earnings update or a new contract announcement from the company itself—but a new, highly detailed report describing how data center developers are increasingly turning to on-site power to bypass multi-year grid-connection delays. That shift is directly relevant to GE Vernova’s aeroderivative gas turbine lineup and reinforces why many investors treat GEV as a core “power demand” stock.
The weekend headline investors are parsing: jet-engine turbines and “bridge power” for AI data centers
A report published Saturday described how data center developers—facing grid-connection waits that can stretch up to seven years—are increasingly deploying aeroderivative turbines (turbines derived from aircraft engines) and other on-site power systems to energize facilities sooner. [2]
For GE Vernova specifically, the report highlighted a notable linkage between Big Tech’s AI buildout and near-term demand for smaller, faster-to-deploy generation:
- GE Vernova is supplying data center developer Crusoe with aeroderivative turbines expected to produce nearly 1 gigawatt of power for a Texas data center project associated with OpenAI, Oracle, and SoftBank. [3]
- Ken Parks, GE Vernova’s CFO, said the company is seeing “growing demand” for aeroderivative and smaller gas units that can serve as “bridge power” supporting data center needs. [4]
- Orders for GE Vernova’s aeroderivative turbines were reported to be up about one-third in the first three quarters of 2025 versus the prior year. [5]
The report also quoted Kasparas Spokas, director of the Clean Air Task Force’s electricity program, underscoring the market pull toward anything that can supply dependable power quickly. [6]
Why it matters for GEV stock: “Bridge power” is a near-term solution to a near-term constraint: data centers want to start training and running models now, while transmission upgrades and larger generation interconnections take years. If this pattern persists, it supports demand for GE Vernova equipment that can be delivered and installed faster—potentially smoothing the order cadence investors watch most closely.
Where GEV stock stands heading into Monday
Because the market is closed, the key reference point is Friday’s regular-session finish:
- Last close (Fri., Dec. 26): $663.46 [7]
- Day move: about -0.6% [8]
- 52-week range: roughly $252.25 to $731.00, placing the stock about 9% below its 52-week high by that measure [9]
GEV has also remained a volatility-prone way to express the “AI electricity demand” trade. A Barron’s analysis earlier this week described how the stock can swing sharply when investors reassess the power intensity of future AI compute—citing a sharp mid-December drop tied to fears that new chip designs could reduce power needs—before rebounding as the broader demand narrative reasserted itself. [10]
What Wall Street is debating: “Power demand winner” vs. “valuation risk”
A recurring split in GEV coverage is straightforward:
- The bull case: structural growth in electricity demand (especially from data centers) and tight supply of critical power equipment supports years of strong orders, pricing, and margin expansion.
- The bear case: the stock’s valuation already prices in a long runway, leaving less room for disappointment if demand timing shifts, projects slip, or the market narrative cools.
Barron’s reported that Jefferies analyst Julien Dumoulin-Smith remains bullish with a $830 price target, while also highlighting that the same long-duration growth story that fuels upside can also be the key risk when investors try to value numbers a decade out. [11]
Other recent Street signals have been mixed:
- A note summarized by Yahoo Finance cited RBC Capital analyst Christopher Dendrinos upgrading GE Vernova to Outperform with a $761 price target (dated earlier in December). [12]
- A downgrade from Seaport Global Securities to Neutral (from Buy) pointed to the stock’s strong run and premium valuation after GE Vernova raised longer-term targets. [13]
Company outlook backdrop: raised targets, dividends, buybacks, and backlog focus
While there have been no new GE Vernova corporate press releases in the past 24–48 hours, the company’s own media hub shows the most recent press releases posted on Dec. 23 and Dec. 22, reinforcing that the weekend narrative is being driven primarily by external reporting and broader market themes rather than a brand-new company announcement. [14]
The most consequential company-generated updates for investors heading into the next session remain the early-December investor materials and newswire coverage, including:
- GE Vernova’s raised multi-year outlook (including a 2028 revenue target and margin ambition), plus an expanded buyback authorization. [15]
- Reuters reporting that the company issued a bullish 2026 outlook and increased share repurchase plans, with analysts pointing to improving margin and free-cash-flow expectations. [16]
- Ongoing emphasis on gas turbine orders and backlog/slot reservation agreements, with trade coverage noting expectations around an 80-GW gas turbine backlog that can extend years into the future. [17]
Taken together, the picture investors are watching is: strong demand signals + constrained equipment supply + management raising targets, set against a stock price that already reflects a lot of that optimism.
What investors should know before the next session opens
With markets closed now, the next key inflection is Monday’s U.S. session (Dec. 29)—and for a stock like GEV, the “what changes sentiment overnight?” checklist matters.
1) Watch Monday’s macro tape for anything that hits rates and cyclicals
Even when the company story is intact, high-multiple industrial names can be sensitive to rate moves and broad risk appetite. One of the scheduled items Monday is Pending Home Sales (Nov.) at 10:00 a.m. ET, according to MarketWatch’s U.S. economic calendar. [18]
2) Track follow-through on the “bridge power” data center narrative
The weekend report’s details—multi-year interconnection waits, on-site power adoption, and explicit mention of GE Vernova’s aeroderivative demand—can influence Monday’s positioning, especially if other outlets, analysts, or industry sources amplify the same point. [19]
For GEV, the key investor question is whether “bridge power” becomes a meaningful, durable order stream (and services annuity later), or whether it’s more of a temporary patch that fades as grid upgrades catch up.
3) Be aware of what isn’t new
If you’re looking for a weekend corporate “bombshell,” there isn’t an obvious one. GE Vernova’s own press-release feed shows the latest updates posted earlier in the week (Dec. 22–23). [20]
4) Keep an eye on the next earnings window—but treat dates as estimates until confirmed
Several market calendars currently estimate GE Vernova’s next earnings release in late January 2026 (often shown around Jan. 27–28), though exact timing can vary by provider and can change if the company updates its schedule. [21]
Bottom line for GEV stock heading into Monday
GE Vernova enters the next session with shares near $663 and the core bull thesis still front and center: grid constraints are real, AI workloads are power-hungry, and the market is increasingly willing to pay up for companies that can supply reliable generation and grid equipment at scale. [22]
The newest incremental support for that thesis over the last 24–48 hours is the sharper focus on “bridge power” for data centers—where GE Vernova’s aeroderivative turbines are positioned as a practical workaround to long interconnection queues, backed by commentary from the company’s CFO and industry observers. [23]
What remains unchanged is the central risk highlighted by both bulls and skeptics: at today’s price, expectations are high, and the stock can react quickly when the market re-prices the timing—or the magnitude—of the AI-driven power buildout. [24]
References
1. finance.yahoo.com, 2. www.ft.com, 3. www.ft.com, 4. www.ft.com, 5. www.ft.com, 6. www.ft.com, 7. finance.yahoo.com, 8. www.investing.com, 9. www.investing.com, 10. www.barrons.com, 11. www.barrons.com, 12. finance.yahoo.com, 13. www.investing.com, 14. www.gevernova.com, 15. www.gevernova.com, 16. www.reuters.com, 17. www.utilitydive.com, 18. www.marketwatch.com, 19. www.ft.com, 20. www.gevernova.com, 21. www.nasdaq.com, 22. www.barrons.com, 23. www.ft.com, 24. www.barrons.com
