GE Vernova’s Turbine Surge | Durham News

Durham News Today | 2 Min News | The Daily News Now! · Jul 25, 2026 · 1m

GE Vernova’s bold move to boost gas turbine production to 30 GW by 2030—up from 24 GW by 2028—sparked a stock dip despite record orders and higher revenue forecasts. Analysts like Morgan Stanley call it a bullish signal of enduring demand, even as they’ve raised their price target, viewing the sell-off as an overreaction. The company’s CEO is confident, citing 125 GW of gas equipment under contract by 2026, with 20 GW in new deals signed last quarter alone. Capacity for 2029 is already sold out, and 2030’s is nearly booked by year’s end, fueling a nearly doubled free cash flow projection…