GE Vernova Surges 2.95% This Week and Becomes Massachusetts’ Largest Company

Quick Read

• GE Vernova (GEV) saw shares rise 2.95% this week. Key storylines included analysts continuing to raise targets post earnings and a strategic partnership with Xcel Energy (XEL).

• GE Vernova raised 2026 revenue guidance to $56B from $44B. The company projects $24B in free cash flow through 2028.

• GE Vernova acquired the remaining 50% of Prolec GE for $5.3B to expand its electrification segment.

• It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)
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