GE Vernova stock wobbles after earnings as GEV lifts 2026 forecast but flags Vineyard Wind hit
GE Vernova raised its 2026 revenue forecast to $44–$45 billion and reported a $150 billion backlog, sending shares up 0.4% to $695.58 Wednesday. The company warned its wind division could lose $250 million in revenue this year due to Vineyard Wind delays. Fourth-quarter orders jumped 65% to $22.2 billion. GE Vernova’s acquisition of Prolec GE is set to close February 2.