GE Vernova Stock Soars After 2025 Investor Update as Company Doubles Dividend and Lifts 2028 Outlook
GE Vernova raised its 2028 revenue target to $52 billion and doubled its quarterly dividend at its investor update in New York on December 9. Shares surged as much as 15% in early trading December 10. The company also expanded its share buyback authorization to $10 billion and reported a backlog expected to reach $200 billion by 2028.