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GE Vernova (GEV) expects to surpass the USD 200bln backlog milestone early in 2027, helped by strong anticipated Q3 orders
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GE Vernova expects its backlog to exceed USD 200 billion in early 2027, driven by second-half contract commitments beating guidance, alongside planned M&A in core businesses.
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Expects second-half contract commitments to exceed its 20 GW guidance. Expect Q4 contractual commitments to be higher than Q3 editions based on current trends. Would like to do more M&A, certainly within is core businesses.
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