GE Vernova Stock Soars as Firm's Results Top Estimates, Outlook Affirmed

GE Vernova (GEV) shares surged Wednesday morning after the firm's first-quarter results topped analysts' estimates.

The energy-focused former General Electric division reported earnings per share (EPS) of $0.91 on revenue of $8.03 billion. Analysts polled by Visible Alpha expected $0.73 and $7.53 billion, respectively.

The company again affirmed its 2025 revenue outlook of $36 billion to $37 billion. GE Vernova said its "guidance includes the impact of tariffs as currently outlined and resulting inflation, which is estimated to be approximately $300-$400 million, net of mitigating actions."

GE Vernova CEO Scott Strazik said the company is "well-positioned to navigate the current dynamic environment."

Shares of GE Vernova jumped 8.5% shortly after the markets opened Wednesday. They entered the day down less than 1% in 2025, although they have more than doubled since GE Vernova become a standalone company after spinning off from GE Aerospace (GE) in early April 2024.

Analysts Have Said GE Vernova Should Benefit From Rising Power Demand

GE Vernova's stock has received a number of upgrades and price target raises in its first year as a public company. Analysts have said the company should benefit from rising demand for products to generate renewable energy.

Shares of all three former GE segments sank earlier this month amid concerns over the impact of the tariff disputes and growing trade war between the U.S. and China.

UPDATE—This article has been updated with the latest share price information.

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