New York, Feb 26, 2026, 19:10 ET — Trading after the bell.
- GE Vernova ended Thursday’s session at $876.46, ticking up 0.05%.
- Thursday’s Form 144 notice pointed to a planned sale involving 4,000 GE Vernova shares.
- Traders have their eyes on a March 4 White House sit-down with top AI and data center companies, where electricity costs are on the agenda.
GE Vernova Inc (GEV) barely budged in late Thursday trading, holding steady after finishing the session up just 0.05% at $876.46.
The stock now signals where AI and data center expansion is headed—servers keep multiplying, and that means a bigger appetite for power, plus all the hardware needed to generate and distribute it. Utilities this week again flagged soaring electricity demand as the main force at play. The Energy Information Administration expects U.S. power use to keep climbing through 2027, after record levels projected for 2025.
Washington’s weighing in now. On March 4, the White House brings together Microsoft, Amazon, Anthropic, and Meta to ink a “Rate Payer Protection Pledge” — the goal: keep data center-driven power bills from climbing for consumers. Microsoft’s Brad Smith voiced support: “We appreciate the Administration’s work to ensure that data centers don’t contribute to higher electricity prices for consumers.” But Ari Peskoe from Harvard Law calls the pledge “meaningless” unless it actually binds data centers to their own costs. Reuters
GE Vernova shares have taken off this February, building on a steep rally earlier in the week. The stock jumped 5.77% on Feb. 24 alone and had climbed roughly 34% for the year as of Thursday’s close, market data show.
Schneider Electric reported earnings on Thursday that topped forecasts, helped by robust data-center demand. The company said data centers and networks now account for roughly 30% of its order book, but its guidance drew some skepticism, with certain analysts labeling it conservative. UBS’s Andre Kukhnin pointed out management seems to be building a cushion they “can be very confident on,” mentioning tariff and pricing risks. Reuters
GE Vernova is angling its power and electrification segments to cash in on surging demand. Back in January, CEO Scott Strazik pointed to over $2 billion in electrification orders booked for data centers slated in 2025. The backlog for gas power gear, including slot reservation deals, now stands at 83 gigawatts. The company also bumped its 2026 revenue forecast up to a range of $44 billion to $45 billion.
On Thursday, a filing revealed plans to sell 4,000 GE Vernova shares via Fidelity Brokerage Services. The shares came from restricted stock that vested earlier this month. Form 144, filed with the SEC, serves as notice for an upcoming sale of restricted or control shares.
But it’s a double-edged sword. Delays from political hangups or regulators calling for cost-sharing could push data-center projects further out, changing the order dynamics fast. GE Vernova’s wind business still faces execution risk, and after a rally like this, investors aren’t giving much slack.
Friday looms with attention on the March 4 White House session about power bills. GE Vernova plans its Q1 earnings call for April 22.
