GE Vernova Inc

GEV: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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GE Vernova Earnings: Superb Order Book and Backlog Growth Prove Us Wrong; Fair Value Up Over 65%

Joshua Aguilar

Apr 22, 2026

GE Vernova reported stellar first-quarter results, with orders of $18.3 billion rising 71% organically year on year across all segments and backlog growth of $13 billion sequentially. The firm has increased the backlog to $163 billion from $116 billion since its spinoff two years ago.

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GE Vernova Inc

GE Vernova Earnings: Superb Order Book and Backlog Growth Prove Us Wrong; Fair Value Up Over 65%

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