New York, Feb 17, 2026, 14:47 EST — Regular session
- GE Vernova shares rose about 3% in afternoon trade.
- The move followed a new gas-turbine supply deal tied to a Nebraska plant expansion.
- Investors’ next hard marker is the company’s April 22 first-quarter earnings webcast.
GE Vernova shares were up 2.8% at $824.85 in afternoon trading on Tuesday, rebounding from Friday’s close as buyers leaned into fresh order news for the power-equipment maker.
The contract was announced on Monday, when U.S. markets were closed for Presidents’ Day, leaving Tuesday as the first real read on how investors price it in. (New York Stock Exchange)
For GE Vernova, order flow matters right now. The company sits in the middle of a push by utilities and grid operators to add capacity that can start quickly and fill gaps when demand spikes or renewables dip.
GE Vernova said it won a contract from Lincoln Electric System to supply two LM6000VELOX aeroderivative gas turbine packages for the Terry Bundy Generating Station in Lincoln, Nebraska. “Aeroderivative” turbines are derived from jet-engine designs; they are typically valued for fast starts and flexible operation. (GE Vernova)
Lincoln Electric System’s vice president of Power Supply, Jason Fortik, said the utility “trust(s) GE Vernova” based on experience with aeroderivative units already installed at the plant. Dave Ross, CEO of GE Vernova’s Gas Power business in the Americas, said the project shows the strength of the partnership and aims to meet the area’s growing demand. (MarketScreener)
The company said the two units are expected to add about 100 megawatts (MW) of capacity by 2029, with output referenced at “ISO conditions” — a standard set of test assumptions used to compare turbine performance. It also said the turbines can reach full power in about 10 minutes.
The press release pointed to Nebraska’s generation mix as part of the backdrop, citing coal at about 43% in 2024 and wind at around 32% — a reminder of why utilities keep adding flexible “peaking” assets that can move quickly.
GE Vernova traded between $785.10 and $828.53 on Tuesday. Volume was about 1.45 million shares, after the stock opened at $794.24, market data showed.
There are caveats. GE Vernova did not disclose financial terms, and the company noted the order was booked in the fourth quarter of 2025, which may limit how much it changes near-term expectations. Projects also carry construction and permitting risk, and long timelines can push deliveries and revenue around.
Investors’ next catalyst is the company’s first-quarter 2026 earnings webcast on April 22, when it is expected to update on demand, margins and execution across its Power, Wind and Electrification businesses. (GE Vernova)
