GE Vernova (GEV · NYSE)

Energy & MaterialsNYSEUSALarge

First G7 SMR Under Construction

GE Vernova's BWRX-300 leads Western markets: first commercial SMR construction in North America and G7 nations.

GE Vernova Inc

GEV: NYSE

921.20 USD

+35.57%

year to date

Source: Finnhub

Market Cap$245.35B

Avg Volume2.65M

Price$921.20-0.57%

P/E Ratio25.90ttm

Pricing delayed 20 minutes Oct 16, 2026, 8:00 PM

First G7 Builder Executing
BWRX-300 construction started in May 2025. It's the only G7 SMR being built commercially.
First-Mover Captures Reference Design
Utilities prefer proven builders over paper concepts. First to operate captures market.
Diversified Cash Flow Protects Downside
Gas and grid business earns $34 billion yearly. Nuclear failure won't have a large impact on the company.

Modular Construction Method Unproven
No Western company has proven factory-built reactor modules work commercially at scale.
First Builder Absorbs Learning Costs
Pays $20.9 billion to learn first. Competitors might copy lessons and build cheaper.
Single Design Concentration Risk
Betting everything on one reactor design. While alternate designs might prove better.