GE Vernova’s stock is soaring—up 90% in a year—with some analysts predicting it could double by 2028. Fueling this surge? Natural gas turbines in high demand from AI data centers, plus a $176 billion order backlog—more than half its market cap. The company is also leading grid modernization, supplying critical equipment and software as utilities pour billions into infrastructure upgrades. With AI’s energy hunger and grid bottlenecks driving demand, GE Vernova’s growth story shows no signs of slowing.
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