GE Vernova Inc. (NYSE:GEV) is included among the 10 Best Nuclear Energy Stocks to Buy for Dividends.
GE Vernova Inc. (NYSE:GEV) engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa. Its nuclear business, GE Vernova Hitachi Nuclear Energy, is a world-leading provider of advanced reactors, fuel, and nuclear services.
GE Vernova Inc. (NYSE:GEV) hit a new high after reporting strong results for its Q1 2026 on April 22, with the company beating expectations in both earnings and revenue. Adjusted EBITDA for the quarter grew by 87% YoY to $896 million, while net profit also skyrocketed to $4.75 billion, up from $264 million in the year-ago period. Notably, GEV’s free cash flow of $4.8 billion in the quarter was more than the full year 2025.
GE Vernova Inc. (NYSE:GEV) booked orders of $13 billion in the first quarter, with the company now expecting to reach $200 billion in backlog in 2027, versus its previous forecast of 2028. Given the impressive results, the firm raised its FY 2026 revenue to $44.5-$45.5 billion, up from $44-$45 billion previously. Moreover, it also bumped up its free cash flow guidance for the year to between $6.5 billion and $7.5 billion, up from its previous forecast of $5 billion to $5.5 billion.
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