GE Vernova (GEV) Climbs to All-Time High on Upbeat 3-Year Outlook, Doubled Dividends

We recently published 10 Stocks Boasting the Biggest Gains; 4 Hit Record Highs. GE Vernova Inc. (NYSE:GEV) is one of the best performers on Wednesday.

GE Vernova soared to a new all-time high on Wednesday after raising its growth outlook over the next three years and doubling its quarterly dividends.

At intra-day trading, the stock climbed to its highest price of $731 before paring gains to finish the day just up by 15.62 percent at $723 apiece.

During its recently concluded Investor Day, GE Vernova Inc. (NYSE:GEV) raised its revenue growth outlook for 2026 to a range of $41 billion to $42 billion next year, marking a 13.5 percent to 13.9 percent growth from the expected $36 billion to $37 billion outlook for full-year 2025. For 2028, revenues are targeted at $52 billion.

By segment, its electrification business is expected to grow by 20 percent in 2026 and by high teens in 2028, while the power sector is targeted to jump by 16 to 18 percent next year, and further by high-teens in the next three years.

Meanwhile, adjusted EBITDA is pegged to grow at a range of 11 to 13 percent in 2026, to up to 20 percent in 2028.

“At GE Vernova, we are in the early chapters of an incredible value creation opportunity with a stronger financial trajectory ahead,” said GE Vernova Inc. (NYSE:GEV) CEO Scott Strazik.

“Electric power will be critical to unlocking economic growth in the decades ahead and we are well-positioned with our large installed base and platform of advanced solutions to serve this growing, long-cycle market,” he added.

In line with its upbeat outlook, GE Vernova Inc. (NYSE:GEV) raised its quarterly dividends to $0.50 per share, versus $0.25 at present, beginning next year.

The first round of higher dividends will be paid on February 2, 2026, to all common shareholders as of the January 5, 2026, record.

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