GE Vernova (GEV) Stock Soars on New 2026 Outlook, Dividend Hike and $10 Billion Buyback
GE Vernova shares surged as much as 8% on December 10 after the company raised its 2026 and 2028 financial outlook, doubled its dividend, and expanded its buyback. The stock, now trading near $625, has gained over 85% in 2025 and more than 370% since its March 2024 spin-off. Management cited rising demand from AI, data centers, and grid modernization as key drivers.