NEW YORK, December 31, 2025, 18:41 ET — After-hours
- GE Vernova shares were down about 0.9% after the bell, tracking a weak year-end tape.
- Investors are looking to the Jan. 5 dividend record date and late-January earnings timing.
- Peer grid and power-infrastructure names also edged lower in late trading.
GE Vernova Inc. shares fell in after-hours trading on Wednesday, down 0.9% at $653.57 by 6:41 p.m. ET, or $6.19 below Tuesday’s close. The stock traded between $647.71 and $666.30 during the day, with about 1.26 million shares changing hands.
The slide underscores how sensitive the stock has become to year-end positioning after a sharp run tied to rising electricity demand and data-center buildouts. GE Vernova’s shares have risen more than 370% since the company was spun off from General Electric in 2024, Reuters reported earlier this month.
With U.S. markets closed on Thursday for New Year’s Day and reopening on Friday, Jan. 2, investors used the final session of 2025 to reduce risk and lock in gains. Traders are also lining up January catalysts, including the next earnings update and the company’s newly increased dividend timeline.
Wall Street ended the year’s final session lower in holiday-thin trade, with the S&P 500 down 0.74%, the Nasdaq off 0.76% and the Dow down 0.63%, according to Reuters.
Other U.S. companies linked to grid spending and power demand also eased in late trading, including Eaton, Quanta Services, Hubbell and Generac, down roughly 0.6% to 1.6%.
GE Vernova last month raised its medium-term outlook at an investor update, as it flagged long-cycle demand for power equipment. CEO Scott Strazik said, “Electric power will be critical to unlocking economic growth in the decades ahead,” and the company forecast 2026 revenue of $41 billion to $42 billion, with an adjusted EBITDA margin — a profit measure before interest, taxes and some one-offs — of 11% to 13%. It also guided to $4.5 billion to $5.0 billion of free cash flow, or cash left after costs and capital spending, and pointed to “slot reservation agreements,” which reserve manufacturing capacity for future gas-turbine deliveries. GE Vernova
The board also doubled the quarterly dividend to $0.50 a share and raised the share repurchase authorization to $10 billion, the company said. The dividend is payable Feb. 2 to shareholders of record as of Jan. 5.
Even after Wednesday’s slip, the stock remains within its recent range, about 11% below its 52-week high of $731 and far above its 52-week low of $252.25, MarketWatch data showed.
Sell-side targets still imply upside, but they also highlight the valuation debate around the name. MarketWatch data showed an average target price of about $753, with estimates ranging from $485 to $1,000.
The next major check-in will be fourth-quarter results and any update to 2026 demand and margin assumptions. GE Vernova has not announced a reporting date, and Nasdaq’s earnings page lists Jan. 28 as an estimated report date derived from an algorithm.
Into early 2026, investors are likely to focus on order intake in the Power and Electrification units, delivery timing across constrained equipment categories, and signs that data-center-related demand is translating into booked revenue. Updates on wind profitability remain a swing factor for sentiment.
Technically, traders are watching the $650 area after the stock tested it on Wednesday. Holding that level could keep attention on the upper end of the recent range, while a decisive break would shift focus to the next support band from earlier in December.
