GE Vernova Nearly Doubles 2026 Free Cash Flow Outlook to $12.5B
GEV has more than doubled off its 52-week low of $530.16.
Summary
GE Vernova raised its 2026 free cash flow guidance to $11.5B–$12.5B, nearly double the prior $6.5B–$7.5B range. The company also hiked its 2026 revenue forecast to $45.5B–$46.5B, with electrification revenue now seen at $14.5B–$15B and power organic revenue growth at 18%–20%. Surging orders, up 88% organically to $24.2B in Q2, drove a backlog of $176 billion. GE Vernova now expects at least 125 GW of gas equipment under contract by end 2026. The cash flow jump signals that the AI-driven power demand boom is translating directly into stronger profitability and cash generation, with $10.7B in operating cash flow already generated in H1 and an adjusted EBITDA margin still seen at 12%–14%.
At the time of this announcement, GEV was trading at $1,077.93 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $289.9B. The 52-week trading range was $530.16 to $1,195.94. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.