NYSE:GEV 12 December 2025 - 24 December 2025

GE Vernova shares closed Tuesday at $661.45, down 0.05%, and held steady after hours. The company announced a contract to refurbish a 1,000 MW HVDC link in India and a deal to supply 42 wind turbines for a 256 MW project in South Australia. Trading volume reached about 1.66 million shares ahead of the holiday-shortened session.

GE Vernova shares closed at $658.28, up 3% and near the top of their 52-week range, with market cap around $182 billion. The stock has doubled year-to-date amid raised outlooks, a dividend hike, and major grid contracts, but remains volatile as AI power-demand narratives drive sharp swings.

GE Vernova shares rose about 2% to $652.86 Friday after rebounding from a midweek drop linked to concerns over AI-driven electricity demand. The selloff followed news that AI chip start-up Mythic raised $125 million to develop more energy-efficient hardware, sparking fears of slower growth in data center power needs. GE Vernova has reportedly sold out gas turbines through 2028.

GE Vernova shares closed at $614.19, down 10.5% Wednesday, after a sharp intraday reversal tied to renewed doubts about AI data-center power demand. The drop followed news of AI chip startup Mythic raising $125 million for energy-efficient chips and reports of funding issues at Oracle’s Michigan data center project. About 6.7 million shares traded hands.

GE Vernova shares fell about 9% to $625 on Dec. 17 after hitting record highs last week, despite analysts raising price targets. The drop came amid a broader selloff in AI-infrastructure stocks. Barron’s reported GE Vernova plans to commercialize fuel cells for data centers within two years, citing a facility in Malta, New York. Financial projections for the fuel cell business are not included in current company guidance.

GE Vernova closed at $681.35 Monday, up 1.44%, after Evercore ISI initiated coverage with an Outperform rating and $860 price target. The stock hovered near $682 in after-hours trading. Last week, GEV hit a record $731 following an Investor Update. Investors watched for reaction ahead of Tuesday’s expected macro volatility.