GE Vernova: A Rather Peculiar Power Play

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Now, listen closely. There’s this company, GE Vernova, see? They build enormous whizzing contraptions – wind turbines and gas-guzzlers – for making the electricity that keeps all our little lights twinkling. And, wouldn’t you know it, the world is suddenly terribly thirsty for power. The International Energy Agency – a bunch of rather serious folk – says demand jumped a good 4.3% last year. That’s a proper gulp, that is.

The real mischief-maker in all this? Artificial Intelligence. These AI data centers – enormous, humming boxes of blinking lights and complicated calculations – are gobbling up electricity like greedy little monsters. They swallowed 1.5% of the whole world’s power last year, and are growing fatter by the moment at a rate of 12% per year. Imagine! It’s enough to make a sensible investor twitch.

GE Vernova, you see, is rather cleverly positioned to profit from this electrical frenzy. The stock has bounced up about 109% in the last year, and a whopping 470% since they split off from the old General Electric. A truly remarkable bounce, wouldn’t you say? But let’s not get carried away with excitement just yet. A good investor always peers beneath the shiny surface.

Here’s the thing: this isn’t just about feeding the insatiable appetite of those blinking AI boxes. It’s about a much bigger, more reliable current.

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Data Centers and a Thirst for Watts

Just last month, GE Vernova announced earnings that were, shall we say, rather scrumptious. $13.39 per share! More than ten dollars better than the gloomy predictions of the analysts. A good portion of this delightful surprise came from selling equipment to those very same data centers.

The CEO, a Mr. Scott Strazik (sounds like a particularly unpleasant brand of pickle, doesn’t it?), revealed they’ve signed over two billion dollars worth of orders for data center equipment, scheduled for next year. That’s more than three times what they managed last year. The man is clearly a wizard at selling whizzing contraptions. Deloitte, a firm that enjoys counting things, predicts that AI data centers in the U.S. alone could need three thousand percent more power by 2035. A truly monstrous number.

Beyond the Blinking Lights: A Broader Current

But hold on. This isn’t just an AI story. That would be far too simple, wouldn’t it? Last year, GE Vernova brought in $38.1 billion in revenue, and only $2 billion of that came directly from those power-hungry data centers. The bulk – a whopping $19.8 billion – came from good old-fashioned gas-powered electricity. And natural gas demand, wouldn’t you know it, is climbing. It jumped 2.7% last year and another 1% this year. The International Energy Agency expects it to keep growing at 2% per year. A steady, reliable current, indeed.

And then there’s renewable energy. Wind power, specifically. GE Vernova pulled in $9.1 billion from its wind segment last year, with a 9% increase in orders. The International Energy Agency predicts that renewable energy capacity – solar and wind – will more than double by 2030. A rather impressive swell, wouldn’t you agree?

So, there you have it. A company positioned to profit from a growing thirst for power, fueled by both the blinking lights of artificial intelligence and the steady current of traditional energy sources. They have a backlog of $150 billion worth of projects. A considerable pile of promises, wouldn’t you say? A long-term investor, a sensible one, might consider this stock a rather good buy. It’s not a guaranteed fortune, of course. Nothing ever is. But it’s a current worth watching, and perhaps, even riding.

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2026-02-04 20:03