New York, Feb 12, 2026, 13:57 EST — Regular session
GE Vernova Inc. shares edged lower on Thursday, easing back after a sharp run that took the power-equipment maker to a new 52-week high a day earlier. The stock was down 0.6% at $819.07 in afternoon trade, after swinging between $811.96 and $845.50.
The move matters because GE Vernova’s stock has become a busy proxy for spending on electricity generation and grid gear, a theme tied to data centers and broader electrification. When the wider market turns defensive, even small shifts can show up quickly in the higher-multiple names.
On Wednesday, GE Vernova jumped 4.16% to close at $823.67, setting a new 52-week high, according to MarketWatch data. The stock’s rise has tracked upbeat signals from companies tied to the data-center buildout, which investors have used as a read-through on power demand. (MarketWatch)
Vertiv Holdings, which sells power and cooling equipment for data centers, reported fourth-quarter organic orders growth of about 252% and said backlog climbed to $15.0 billion, up 109% from a year earlier. Vertiv put its book-to-bill ratio — orders divided by sales — at about 2.9 and forecast 27% to 29% organic sales growth in 2026. “We expect this momentum to continue,” Chief Executive Giordano Albertazzi said. (Vertiv Investors)
Aehr Test Systems said it received an initial production purchase order from its lead customer for package-level burn-in of a next-generation, higher-power AI processor used in data-center training and inference. Chief Executive Gayn Erickson called it a “key early production win” with a “world leading hyperscaler,” with deliveries scheduled for summer 2026. (Aehr Test Systems)
GE Vernova in late January lifted its 2026 revenue forecast to $44 billion to $45 billion, and CEO Scott Strazik told analysts the company was entering 2026 with “significant momentum.” Orders in the quarter rose 65% organically to $22.2 billion, and gas power equipment backlog and slot reservation agreements — upfront payments to lock in turbine production slots — expanded to 83 gigawatts from 62 gigawatts. But the company warned its wind unit could take about a $250 million revenue hit this year on delays at the Vineyard Wind offshore project and flagged about $400 million of losses tied to 11 turbines that weren’t installed. (Reuters)
The company has also been bulking up its grid exposure. GE Vernova said it closed its $5.275 billion purchase of the remaining 50% stake in transformer-maker Prolec GE on Feb. 2, funded with an equal mix of cash and debt, and days later completed a $2.6 billion senior notes sale to help finance the deal. (GE Vernova)
In the broader market, investors rotated out of tech shares after disappointing economic data and earnings reports, pushing the Nasdaq down 1.6%, the S&P 500 down 1.2% and the Dow down 1.1% in early afternoon trade, according to Investopedia. Weekly jobless claims came in at 227,000 and existing home sales for January were 3.91 million, while the 10-year Treasury yield slipped below 4.11%, the report said. (Investopedia)
Next up for GE Vernova is its first-quarter earnings webcast on April 22, when investors will be looking for fresh order and margin signals in power and electrification. (GE Vernova)
