Where Will GE Vernova Stock Be in 5 Years?

GE Vernova, spun off from General Electric in April 2024, has seen its stock surge sevenfold to around $1,000 per share. The company benefits from AI and cloud computing demand driving growth in its Power and Electrification segments, with a massive $176.3 billion backlog. Analysts project 17% revenue and 60% adjusted EBITDA growth through 2028, suggesting the stock could more than triple over the next five years.