GE

GE Vernova, a manufacturer of wind turbines, natural gas turbines, and grid management solutions, has surged nearly 600% since its 2024 spinoff from GE Aerospace. Despite a recent lull since April, the article argues this presents a buying opportunity.

The company's $176 billion backlog, driven by AI data center demand and broader electricity needs, supports durable long-term growth. With 80% of orders from traditional customers and only 20% from data centers, the growth outlook extends beyond AI trends. Analysts rate GEV a strong buy with a consensus price target of $1,199.47.

GE Aerospace reported record Q3 earnings of $2.25 per share, up 36% YoY, with revenue climbing 18% to $13.29 billion. The company raised full-year 2026 guidance for revenue growth to 19%-20% and adjusted EPS to $8.00-$8.10, driven by strong commercial engine demand and robust aftermarket services. However, GE shares declined post-earnings as investors weighed the company's premium 35X forward earnings valuation and sustainability concerns, though the pullback may present a buying opportunity for long-term investors.

GE Aerospace delivered robust third-quarter 2026 results with adjusted EPS of $2.25, up 36% year-over-year and beating estimates by 11.4%. Total orders surged 49% to $18.99 billion, driven by strong commercial engine demand, including over 1,800 engine commitments at Farnborough. The company raised its 2026 adjusted EPS guidance to $8.00-$8.10 and free cash flow projection to $9.1-$9.4 billion.