New York, Feb 17, 2026, 14:47 EST — Regular session
- GE Vernova shares picked up roughly 3% in afternoon trading.
- A fresh gas-turbine supply agreement, connected to the Nebraska plant expansion, triggered the move.
- The company’s first-quarter earnings webcast, set for April 22, is the next key date for investors.
GE Vernova climbed 2.8% to $824.85 Tuesday afternoon, snapping back from Friday’s close as investors responded to new order announcements for the power-equipment maker.
The deal dropped Monday—U.S. markets weren’t open due to Presidents’ Day—so Tuesday offered the first real gauge of how investors were valuing it.
Order flow is crucial for GE Vernova at this point. The company finds itself positioned as utilities and grid operators scramble to boost capacity—something that needs to be brought online fast, plugging holes when renewables falter or demand jumps.
GE Vernova landed a deal to provide Lincoln Electric System with two LM6000VELOX aeroderivative gas turbine units for the Terry Bundy Generating Station in Lincoln, Nebraska. The so-called “aeroderivative” turbines borrow from jet engine tech—prized for their rapid startup and operational flexibility. GE Vernova
Jason Fortik, vice president of Power Supply at Lincoln Electric System, pointed to previous experience with the plant’s aeroderivative units, saying the utility “trust(s) GE Vernova.” Dave Ross, who heads GE Vernova’s Gas Power business in the Americas, said the deal highlights their partnership and responds to increasing local demand. MarketScreener
The company expects the two units to bring on roughly 100 megawatts (MW) of capacity by 2029. Output is pegged to “ISO conditions,” shorthand for the industry’s baseline comparison of turbine performance. According to the company, both turbines can ramp up to full power in around 10 minutes.
Nebraska’s energy portfolio still tilts heavily toward coal—roughly 43% this year, according to the press release—with wind close behind at 32%. That split, the release noted, underscores why utilities continue to invest in flexible peaker assets that ramp up fast when needed.
GE Vernova shares opened Tuesday at $794.24 and saw trading between $785.10 and $828.53. Roughly 1.45 million shares changed hands, according to market data.
There are some catches. GE Vernova kept financial details under wraps, and said the order landed in the fourth quarter of 2025—a timing that could temper the immediate impact on forecasts. Projects like these still face construction or permitting hurdles, and the extended timelines mean deliveries and revenue may shift.
The company’s first-quarter 2026 earnings webcast lands April 22, and that’s where investors are looking for updates on demand, margins, and how things are running in Power, Wind, and Electrification.
