New York, January 24, 2026, 18:00 EST — The market is now closed.
- Shares of GE Vernova slipped 0.6% on Friday, closing at $657.78 and marking a second straight day of declines.
- Power segment CEO Mavi Zingoni stepped down, according to an SEC filing; Eric Gray assumed the role while retaining his position as Gas Power CEO.
- The company will release its fourth-quarter and full-year results on Jan. 28, with markets also gearing up for a Fed decision that same week.
Shares of GE Vernova Inc. dipped heading into the weekend following a late-week drop. Investors are now focused on next week’s earnings release and a new leadership shakeup in the company’s Power division.
GE Vernova (NYSE: GEV) plans to report its Q4 and full-year 2025 earnings on Wednesday, Jan. 28, before the market opens. The company will kick off a webcast at 7:30 a.m. ET featuring CEO Scott Strazik and CFO Ken Parks, ahead of the regular session starting at 9:30 a.m. ET, it said. GE Vernova
Why it matters now: The report arrives amid a packed week for U.S. markets, which also includes a slew of corporate earnings and a Federal Reserve policy decision set for Wednesday. With the S&P 500 trading above 22 times expected earnings, Chris Galipeau, senior market strategist at Franklin Templeton, warned, “the earnings bar had better be met.” Reuters
GE Vernova shares closed Friday at $657.78, slipping 0.59% after swinging between $649 and $666.13 during the session. After-hours trading showed the stock last at $656.36, following the 4 p.m. ET close. Since the first trading day of 2026, the stock has fallen roughly 3%, and it sits about 10% below its 52-week peak of $731, per Investing.com.
An SEC filing earlier this week revealed that Mavi Zingoni stepped down as chief executive of the Power segment effective Jan. 21. Eric Gray takes over the role, adding it to his current duties as president and CEO of Gas Power. According to the filing, Zingoni will remain an adviser until June 30. SEC
In December, GE Vernova boosted its 2026 revenue forecast and expanded its share buyback plan to $10 billion from $6 billion. The company also doubled its quarterly dividend to 50 cents per share. It projects free cash flow between $4.5 billion and $5.0 billion in 2026, and announced it will acquire the remaining 50% stake in transformer maker Prolec GE for $5.28 billion. Reuters
Traders focus less on the headline earnings and more on the details: orders, pricing, and the strength of cash generation. Free cash flow — the money left after operating expenses and capital investments — is now a crucial metric for industrial companies with large factories and lengthy projects.
The broader market mood has been erratic. “You do not know whether it is Christmas morning or Friday the 13th,” said Gregg Abella, CEO at Investment Partners Asset Management, capturing the uncertainty money managers face. Reuters
GE Vernova’s turbine and grid units go head-to-head with Siemens Energy and Mitsubishi Heavy Industries. A William Blair analyst described the company’s investor day in December as having “fired on all cylinders,” but pointed out that competitors have been raising their targets amid stronger demand. Reuters
But the situation isn’t one-sided. GE Vernova cautioned that ongoing softness in onshore wind—driven by permit delays and tariff uncertainty—could hit its 2026 revenue from that segment. This highlights that some areas of its portfolio remain strained. Reuters
Monday’s reopening follows the weekend, but the bigger moment comes on Jan. 28. That’s when GE Vernova reports before the bell, while the Fed’s announcement later that day will grab attention. Investors will focus on any changes to 2026 guidance and updates on backlog—the work booked but still pending delivery.
