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Stock impact report

Susquehanna starts on GE Vernova with growth in power demand [Yahoo! Finance]

GE Vernova Inc. (GEV) 
Company Research Source: Yahoo! Finance
GE Vernova is the largest provider of gas turbines globally, with an installed base roughly twice the size of its nearest competitor. The firm is well-positioned to benefit from growing electricity demand fueled by data center expansion, electrification, and reshoring of manufacturing capacity. Susquehanna estimates GE Vernova can achieve an ~8% revenue CAGR from 2024 to 2027, with EBITDA growing at a 48% CAGR over the same period. The company's gas turbine capacity is largely sold out through 2027, providing high visibility into future revenue. Additionally, its electrification business—focused on grid modernization and transmission & distribution infrastructure—represents an earlier-stage growth driver. The recent wave of energy-intensive data center buildouts has led to a significant upward revision in future power needs and has prolonged demand for natural gas capacity, the note stated. Susquehanna sees GE Vernova increasing annual delivery capacity and raising prices t Show less Read more
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