New York, Feb 14, 2026, 15:24 EST — Market closed.
- GE Vernova dropped 1.77% Friday, finishing at $802.13 as the stock notched its second straight day in the red.
- After slipping on light volume, the stock trades roughly 5% under its 52-week high from Feb. 12.
- With the holiday closing U.S. markets on Monday, traders will have to wait until Tuesday for the next session.
Shares of GE Vernova Inc. (GEV) dropped 1.77% to finish at $802.13 on Friday, giving back gains after notching a new 52-week high just the day before. (MarketWatch)
GE Vernova has suddenly turned into a go-to “power demand” play, drawing in heavy positioning in short order. A two-day slide doesn’t rewrite the bigger picture, but it does prod at just how much steam is left in the trade up here.
The holiday break plays a role here: the New York Stock Exchange shuts down Monday for Washington’s Birthday, picking up again Tuesday. With thinner trading around the closure, even a minor headline could swing early-week moves a bit harder. (New York Stock Exchange)
GE Vernova didn’t talk numbers or forecasts in its newest update. Instead, the company said Thursday it finished overhauling its Houston Learning Center, and it’s teaming up with three Houston-area school districts for fresh education initiatives. “World-class technologies require a world-class workforce,” said Steve Kessinger, vice president of global services for Gas Power, in the announcement. (GE Vernova)
The hiring drive comes as investors double down on a bigger theme: expectations that growing demand for electricity will keep turbines, grid equipment and services in high gear well into the future. GE Vernova, for its part, reported in late January that its backlog had reached $150 billion. CEO Scott Strazik said the group was “entering 2026 with significant momentum.” CFO Ken Parks cited both free cash flow and a “healthy cash balance” as reasons for confidence in supporting investment and returning capital to shareholders. (GE Vernova)
The wind division is still dragging. GE Vernova’s wind business logged a $598 million EBITDA loss in 2025, and forecasts point to another hit—roughly $400 million more in losses for 2026 as revenue slips, Reuters said, pointing to project delays and offshore turbine hurdles. (EBITDA stands for earnings before interest, taxes, depreciation and amortization.) (Reuters)
Earlier this month, GE Vernova wrapped up a $2.6 billion senior notes sale, split across three maturities: $600 million at 4.250% due 2031, $1 billion at 4.875% due 2036, and another $1 billion at 5.500% maturing in 2056. Proceeds will go toward general corporate uses, with some earmarked for the Prolec GE stake acquisition, the company said. (GE Vernova)
The immediate focus for traders isn’t the Houston training center—it’s speed. Can the company actually turn a growing pile of orders into margin and cash flow without any hiccups? Friday’s thin trading hints that a few buyers may have pulled back following the stock’s surge to fresh highs.
Looking ahead to next week, investors are eyeing whether the stock finds its footing when markets open Tuesday, or if more profit-taking follows the recent 52-week high. A new order announcement, news on wind projects, or any move in rate expectations could all move the needle fast.
April 22 is circled for GE Vernova: that’s when the company will host its first-quarter 2026 earnings webcast. Investors will get their next clear look then at guidance, backlog movement, and management’s views on the remaining stretch of this cycle. (GE Vernova)
