$5,000 Investment in GE Vernova at Its April 2024 Low Would Be Worth Over $40K Today
On April 2, 2024, General Electric spun off its energy division as GE Vernova (GEV), which initially traded at $143 per share. The stock dropped to a low of $122.46 on April 5 but has since surged more than eightfold, making a $5,000 investment worth over $40,400 today. The rapid growth in GE Vernova's Power and Electrification segments—driven by demand from cloud computing, data centers, and AI markets—offset weaker performance in its Wind segment. The company reported 7% organic order growth in 2024, which accelerated to 34% in 2025. Analysts project revenue and adjusted EBITDA will grow at CAGRs of 17% and 60%, respectively, from 2025 through 2028. Despite a high valuation—trading at around 40 times this year's adjusted EBITDA—the company’s strong growth potential supports its premium pricing. GE Vernova is now valued at $264 billion in market cap and continues to attract investor interest due to its strategic positioning within the expanding AI infrastructure sector.
Topics: AI market growth Electrification GE Vernova General Electric Power segment spin-off