GEV spotlight — 2026-10-23
GEV shares dropped 10.64% on Thursday, marking the stock's largest single-day move of the past month. The session closed at $827.42 on volume of 5.85 million shares, which is 2.68x its 20-session average.
Key figures
Data as of Oct 23, 2026- GEV last close
- $827.42
- GEV change vs prior close
- -10.64%
- GEV trailing P/E
- 22.78
- GEV market cap
- $217.07B
GEV shares dropped 10.64%¹ on Thursday, marking the stock's largest single-day move of the past month. The session closed at $827.42² on volume of 5.85 million shares³, which is 2.68x its 20-session average⁴.
This downward momentum is reflected in recent horizons: GEV is down 13.07% over the last month⁵ and 18.46% over the last three months⁶. However, this contrasts with a longer-term gain of 41.36% over the past year⁷. Currently, the stock sits at 44.6% of its 52-week range⁸, positioned between a low of $530.16 and a high of $1195.94⁹˒¹⁰.
Despite the recent price decline, recent news sentiment skews positive, with five positive reports compared to one negative. The company, which has a market cap of $217.07B¹¹, last reported revenue of $11.10B¹² and EPS of 2.47¹³. GEV is currently trading 13.29% below its 50-day average and 11.78% below its 200-day average¹⁴.
GE Vernova Inc. (GEV): price and news
Full chart and figuresDaily closes up to Oct 22, 2026, the last session before this was written.
News
- Should You Buy GE Vernova Stock With $1,000 Right Now?The Motley Fool1d agoPositive
Strong revenue and order growth (14% and 134% respectively in power division), massive $176 billion backlog, diversified customer base across 26 countries, analyst consensus strong buy rating with $1,199.47 price target, and durable growth prospects driven by global electricity demand beyond just AI data centers.
- GE Vernova vs. Caterpillar: Which Has More Exposure to the AI Power Build-Out?The Motley Fool5d agoPositive
GE Vernova has greater direct exposure to AI data center power build-out with a massive $176 billion backlog, robust demand for gas turbines and electrification equipment, and data center orders in electrification segment doubling to $5 billion in H1 2026. The company's growth is primarily driven by data center orders.
- Stock-Split Watch: Is GE Vernova Next?The Motley FoolOct 13Positive
Strong business fundamentals with $176B order backlog, $5.1B Q2 free cash flow, margin expansion, and 7x stock appreciation since spinoff. CEO commentary indicates building momentum and raised 2026 guidance. Article suggests stock is a good investment opportunity.
- Only 20% of GE Vernova's Order Book Is Data Centers. Here's Why That's the Bull Case, Not the Risk.The Motley FoolOct 7Positive
The article argues that GE Vernova's limited dependence on AI (only 20% of backlog) is actually a strength rather than a weakness. The company benefits from sustainable, long-term demand drivers including electric vehicles, air conditioning, and general electricity growth. Morningstar's projection of revenue doubling from $38.1B to $78.6B by 2030 supports a bullish outlook. The author suggests recent stock weakness presents a buying opportunity.
- Where Will GE Vernova Stock Be in 5 Years?The Motley FoolOct 7Positive
Strong organic order growth accelerated by AI and cloud computing demand, massive $176.3B backlog (4.6x annual revenue), projected 17% revenue and 60% EBITDA CAGR through 2028, and analyst expectations suggesting stock could triple over five years indicate robust growth prospects.
Tone is the news provider's automated reading of each article for this stock. It describes the article, not what the price will do.
Educational tool. Not investment advice. This article was produced with automated assistance. Every figure in it was checked against the underlying data before it was published; the interpretation was not.