$5,000 in GE Vernova at Its 2024 Low Would Be Worth This Much Now

GE Vernova (GEV), the energy division spun off from General Electric in April 2024, has surged over 700% from its all-time low of $122.46. The stock's strong performance is driven by rapid growth in its Power and Electrification segments, which benefit from AI, cloud, and data center demand. With projected revenue and EBITDA CAGRs of 17% and 60% respectively through 2028, analysts view it as a well-positioned play on the expanding AI market, though its 40x adjusted EBITDA valuation is premium.