GE Vernova (GEV) Stock Soars on AI Power Demand: Price Target, Forecast and Outlook as of December 11, 2025
GE Vernova shares surged 15% on December 10 after the company raised its 2028 revenue and profit targets and doubled its dividend. The stock hit a record high above $723 before settling near $694, up about 120% for the year. Management cited strong demand and a backlog expected to reach $200 billion by 2028. GE Vernova began trading independently in April 2024.