GE Vernova (GEV) Upgraded to Outperform as Energy Infrastructure Cycle Boosts Growth Prospects

GE Vernova Inc. (NYSE:GEV) ranks among billionaire Stanley Druckenmiller’s 10 best stock picks. Baird upgraded GE Vernova Inc. (NYSE:GEV) to Outperform on February 4, stating that the firm is well-positioned to be among the largest beneficiaries of a growing energy-infrastructure cycle and that the market had misjudged the timing and magnitude of a potential surplus in gas power.

According to analyst Ben Kallo, earlier worries over industry overcapacity “will not materialize in the near- to intermediate-term,” citing recent assessments spanning conferences, investor talks, and company commentary.

Baird highlighted that margin growth is merely getting started, with adjusted EBITDA margins expected to rise “to 13.2% in full-year 2026 and eventually hit 20% to 21% by 2030.” The firm also emphasized GE Vernova’s backlog potential, noting that the company ended 2025 with “83 GW of gas turbine capacity contracted,” with approximately half in firm orders and half in slot-reservation contracts.

GE Vernova Inc. (NYSE:GEV) is an energy company that provides products and services for generating, transmitting, orchestrating, converting, and storing electricity in the US, Europe, Asia, the Middle East, and Africa.

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Disclosure: None. This article is originally published at Insider Monkey.