Stock Markets January 28, 2026

GE Vernova Sees Revenue Ahead of Estimates as Data Center Demand Boosts Turbine and Storage Sales

Company raises 2026 revenue outlook to $44-$45 billion amid strong orders and profit growth in electrification and power units

By Marcus Reed
GE Vernova Sees Revenue Ahead of Estimates as Data Center Demand Boosts Turbine and Storage Sales

GE Vernova on Wednesday raised its revenue outlook for 2026 to a range of $44 billion to $45 billion, topping the average analyst estimate of $41.97 billion. The company reported a 34% jump in quarterly orders to $59.3 billion and saw sizable gains in core profits for its electrification and power segments, driven by rising demand from data centers supporting an artificial intelligence boom.

Key Points

  • GE Vernova raised its 2026 revenue forecast to $44 billion-$45 billion, above the average analyst estimate of $41.97 billion.
  • Quarterly orders climbed to $59.3 billion, a 34% increase year-over-year, driven by growth in the power and electrification units.
  • Core profits rose notably: electrification reported $505 million (up 78.4%) and power reported $971 million (nearly 20% higher).

GE Vernova said on Wednesday it expects full-year 2026 revenue of between $44 billion and $45 billion, a forecast that exceeds the average analyst projection of $41.97 billion based on LSEG data. The company attributed the stronger outlook to brisk purchases of gas turbines and storage equipment by power generation customers responding to rising electricity needs from data centers.

Shares of the company rose nearly 4% in pre-market trading following the announcement.


Quarterly orders and profit performance

During the quarter GE Vernova recorded $59.3 billion in orders, a 34% increase compared with the same period a year earlier. The surge in bookings was driven largely by activity in its power and electrification divisions.

The company's electrification unit posted a core profit of $505 million, an increase of 78.4% versus the prior year. The power unit reported a core profit of $971 million, representing nearly a 20% rise from the year-ago quarter.


Market context and demand drivers

Company executives pointed to strong sales of gas turbines and energy storage systems as central to the outlook. These products are being purchased by utilities and independent power producers that are accelerating capacity additions to serve expanding electricity consumption linked to data centers. The article noted that data centers are powering an artificial intelligence boom and contributing materially to rising global electricity demand.


Implications for stakeholders

For investors, the revenue range of $44 billion to $45 billion signals a top-line trajectory above recent analyst consensus. For customers in power generation and firms involved in data center expansion, the sizable order backlog and profit gains in electrification and power suggest continued supply-chain and equipment deployment activity.

Limitations of available information

The company provided the revenue guidance range and cited order and profit figures for the quarter, but the article does not include additional detail on segment-level revenue contributions, margin outlooks beyond core profit figures, or timing for delivery of the orders reported.

Risks

  • Revenue and earnings are tied to continued demand from data centers and power generation customers; changes in that demand could affect the outlook.
  • The article does not provide details on delivery timelines or margin outlooks for the large order volume, leaving timing and profitability of backlog sales uncertain.

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