GE Vernova Soars 8.86% on Q1 Earnings Beat

On April 23, 2025, GE Vernova's stock surged by 8.86% in pre-market trading, reflecting a strong start to the day.

GE Vernova reported a Q1 profit of $264 million, reversing a $106 million loss from the previous year and exceeding analyst expectations. The company's revenue increased significantly, posting $8.03 billion for the period, which also surpassed Street forecasts. This strong performance was driven by a 15% year-over-year increase in revenue and an 8% rise in orders to $10.2 billion.

GE Vernova's robust financial results have bolstered investor confidence. The company reaffirmed its 2025 revenue outlook of $36 billion to $37 billion, aligning with analyst forecasts. This positive outlook, combined with strong earnings and revenue growth, has led to optimistic price targets from analysts, further reinforcing investor optimism.