Why GE Vernova Stock Fell on Friday

GE Vernova reported strong Q3 earnings with 27% revenue growth and a record $197 billion backlog, along with a $9 billion acquisition of Trench Group. However, the stock fell 4.9% as multiple analysts cut price targets amid an AI infrastructure sell-off. Despite concerns about conversion timing and margin expansion, the company raised full-year guidance and doubled buyback authorization, with analysts remaining bullish on long-term prospects.