NEW YORK, December 29, 2025, 12:27 ET — Regular session
- GE Vernova shares were down about 0.2% in midday trading, bucking a broader dip in industrials
- A report said data centers are turning to aircraft-derived gas turbines to bypass long waits for grid connections
- Investors are looking ahead to the company’s next earnings update for color on turbine orders and cash flow
GE Vernova Inc shares edged lower on Monday as investors weighed a report that data-center developers are increasingly using aircraft-engine-based turbines to secure power faster. The stock was down 0.2% at $662.11 in midday trading.
The issue matters now because investors have tied GE Vernova’s valuation to a surge in electricity demand from artificial intelligence-heavy computing. Fresh signs that customers are paying for “bridge” power while they wait for grid hookups can shift expectations for near-term orders, backlog and pricing.
A Financial Times report said data centers facing multi-year waits to connect to power grids are turning to on-site generation, including aeroderivative turbines and diesel generators. Aeroderivative turbines are gas turbines adapted from jet engines, prized for faster delivery and installation than large baseload plants, the report said.
The report said GE Vernova is supplying data center developer Crusoe with aeroderivative turbines expected to produce nearly 1 gigawatt of power for a Texas facility tied to OpenAI, Oracle and SoftBank.
Ken Parks, GE Vernova’s chief financial officer, told investors in December that the company was seeing “growing demand for its aeroderivative and smaller gas units, which serve as bridge power supporting data centre needs,” the newspaper reported. Financial Times
The Financial Times added that orders for the company’s aeroderivative turbines rose by about a third in the first three quarters of 2025 from a year earlier.
GE Vernova traded between $651.77 and $670.99 earlier in the session.
The broader market was softer, with the SPDR S&P 500 ETF down about 0.5% and the industrials sector ETF off about 0.3%. Cummins, a key supplier of diesel and gas generators also mentioned in the report, fell about 1%.
Traders are also positioning for GE Vernova’s next quarterly results, when management typically updates on equipment demand, backlog and margins. Analysts tracked by Barchart expect fourth-quarter earnings of $2.99 per share, up from $1.73 a year earlier.
Nasdaq’s earnings calendar estimates GE Vernova will report on Jan. 28, though the date is model-derived and not a company confirmation.
In the background, GE Vernova said earlier this month it doubled its quarterly dividend to $0.50 per share, payable on Feb. 2 to shareholders of record on Jan. 5, and lifted its share repurchase authorization to $10 billion.
Investors will be looking for evidence that data-center “bridge power” demand is translating into booked orders without triggering higher costs or policy pushback. The Financial Times noted environmental concerns around heavier reliance on diesel and gas generation and said regulators have been loosening limits on generator use in some cases to meet demand. Financial Times
