GE Vernova secures 372 MW order: GE Vernova stock gains 1.03 percent

Published on 10/27/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Vernova stock costs EUR 770.90 on October 27, 2026, 1.03 percent above the Xetra close. Results follow October 28 before market open.

Operating and calendar markers

GE Vernova secured a 372 MW power-plant order in Côte d'Ivoire on October 20, 2026.
Second-quarter revenue reached USD 11.1 billion versus USD 9.11 billion a year earlier.
GE Vernova stock trades at EUR 770.90 at 11:30 a.m. CET at Lang & Schwarz on October 27, 2026, 1.03 percent above the Xetra close of October 26, 2026.

GE Vernova, US36828A1016, Illustration mit AI erstellt.

GE Vernova stock was trading at EUR 770.90 at Lang & Schwarz on October 27, 2026 at 11:30 a.m. CET, 1.03 percent above the Xetra close of October 26, 2026. The company had secured a 372 MW combined-cycle power-plant order in Côte d'Ivoire on October 20, according to MarketScreener.

Power demand meets a new order

The Côte d'Ivoire project calls for a gas turbine and generator for a combined-cycle plant. The order expands GE Vernova's Gas Power presence in West Africa and gives investors a concrete operating marker beyond the share price.

For the second quarter of 2026, revenue reached USD 11.1 billion, up from USD 9.11 billion in the same quarter of 2025, while net profit rose to USD 668 million from USD 514 million, according to The Globe and Mail. The revenue comparison equals a 21.84 percent year-over-year increase.

What does the order mean for execution?

The immediate test is whether power demand converts into profitable deliveries while Wind remains a counter-factor. Bank of America Securities maintained a Buy rating and a USD 1,310.00 price target on October 21, according to The Globe and Mail. The target stands above the EUR reference price in a different currency and is therefore not converted into a euro distance.

Three dated operating markers

On October 6, 2026, GE Vernova's second-quarter order intake was reported at USD 24.2 billion, while full-year revenue guidance stood at USD 45.5 billion to USD 46.5 billion. On October 13, 2026, the company announced that it would publish third-quarter 2026 results on October 28, 2026, before the market open, according to MarketScreener. On October 20, 2026, the Côte d'Ivoire order added 372 MW of planned generation capacity.

Next dates carry the catalyst

GE Vernova is scheduled to release third-quarter 2026 results on October 28, 2026, before the market open, with a webcast at 7:30 a.m. ET. The company will pay its USD 0.50 quarterly dividend on November 24, 2026 to shareholders of record on October 27, according to GE Vernova.

Stock price and valuation context

GE Vernova's current euro quote sits above the Xetra close as investors approach the results date. The primary listing is on the NYSE, where the stock closed at USD 855.12 on October 26, 2026. Its market capitalization was USD 227.9 billion, and its 52-week range was USD 530.16 to USD 1,195.94, according to MarketBeat. The further course of trading is shown by the continuously updated real-time quote of GE Vernova stock.