GE Vernova Inc. (GEV) is a global energy technology company headquartered in Cambridge, Massachusetts. Established in 2024 following GE Aerospace’s (GE) strategic split, it focuses on electrification and decarbonization across the energy sector and is currently valued at a market cap of $101.4 billion.
Shares of the sustainable energy giant have significantly outperformed the broader market over the past year. GEV has surged 143.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 8.6%. On a YTD basis, shares of GEV are up 23.7%, compared to SPX’s 4.3% dip.
