New York, Feb 15, 2026, 15:24 (EST) — The session is done for the day.
- GE Vernova slipped 1.77% on Friday, closing out at $802.13.
- Presidents Day has U.S. markets shut on Monday, with trading set to pick up again Tuesday.
- Strong demand for turbines and grid equipment is in the mix, but ongoing wind losses are still in the picture for investors.
GE Vernova Inc. slipped 1.77% Friday, ending the session at $802.13. That price keeps the stock hovering just under its recent highs ahead of the U.S. holiday market pause. (Reuters)
Monday’s Presidents Day pause shakes up the flow. That makes the recent pullback significant. Once trading resumes, price swings might seem exaggerated—particularly for stocks that have just posted new highs.
GE Vernova’s been a fickle industrial play lately—stuck between supply constraints for gas turbines and grid equipment, and investors fretting that hopes might be racing past the numbers.
The stock slipped Friday, trailing a modestly stronger market and finishing roughly 5% off Thursday’s 52-week high. Volume came in on the lighter side, market data show. (MarketWatch)
The New York Stock Exchange is shuttered Monday for Washington’s Birthday. Trading picks up again Tuesday, Feb. 17. (New York Stock Exchange)
GE Vernova wrapped up a $2.6 billion senior notes sale earlier this month, saying the funds would go toward general corporate needs and financing its buyout of the rest of transformer maker Prolec GE. That deal, according to the company, closed on Feb. 2. (GE Vernova)
GE Vernova said it has struck a strategic alliance with Xcel Energy, lining up a reservation for five F-class gas turbines and securing capacity for upcoming wind projects. The deal also covers joint work on grid equipment and related services. (GE Vernova)
Still, it’s not all smooth sailing at GE Vernova. In late January, the company bumped up its 2026 revenue guidance to a range of $44 billion to $45 billion on stronger orders. CEO Scott Strazik pointed to “significant momentum” heading into 2026. But the wind business isn’t out of the weeds—offshore turbine problems and delays are set to keep that segment in the red through 2026. (Reuters)
Siemens Energy and Mitsubishi Heavy Industries have both pointed to robust demand for big gas turbines, signaling that investors see the tight supply as a broader industry issue, not limited to just one firm. (Reuters)
Trading picks up again Tuesday, and the immediate test is whether buyers shrug off the recent drop as just noise or decide the stock’s rally needs a fresh order headline to keep climbing.
GE Vernova is up next on the corporate calendar, with its Q1 2026 earnings webcast slated for April 22. (GE Vernova)
