GE Vernova Raises 2026 Outlook With $20 Billion Buyback Plan
Photo: TokenPost
GE Vernova raised its 2026 revenue and free cash flow outlook Wednesday, pairing stronger forecasts with a $9 billion Trench Group acquisition and a $20 billion share repurchase plan. The company now projects revenue of $46.5 billion to $47.5 billion and free cash flow of $16 billion to $17 billion. Management also raised its guidance for adjusted EBITDA margin. Management pointed to growth in core operations and new products, demand for services, strong Power margins, and improved cash and operational productivity. New orders approached $30 billion as backlog expanded from $176 billion to about $200 billion.
Source: TokenPost
