From 24/7 Wall St. · Omor Ibne Ehsan · · 1m 10s
AI Data Centers Push Gas Turbine Prices Up 50%
GE Vernova's gas turbine prices rose 50% as AI data centers book factory slots years ahead.
In brief
GE Vernova's gas turbine prices rose 50% as AI data centers book factory slots years ahead. GE Vernova raised gas turbine prices 50% for 2026 orders after AI data centers secured long-term factory slots. Originally reported by 24/7 Wall St..
GE Vernova Earnings Call
GE Vernova's third-quarter earnings call revealed gas turbine prices rose 50% for 2026 orders versus 2025.
“full year [2026] gas orders pricing per kw will be approximately 50% higher than full year [2025] orders”
50% Price Increase
Chief Executive Scott Strazik said gas turbine pricing per kilowatt will be 50% higher for 2026 than 2025 orders.
“full year [2026] gas orders pricing per kw will be approximately 50% higher than full year [2025] orders”
Long-Term Slot Reservations
GE Vernova sold delivery slots for 2032 during the third quarter as demand remains strong.
“this quarter we sold multiple slots for [2032] delivery as the demand environment remains strong”
AI Data Center Demand
AI data centers now account for 20% of GE Vernova's 100 gas customers across 25 countries.
“about 20 percent are buying for data centers”
Order Book Growth
GE Vernova shipped 5 gigawatts while signing 11 gigawatts of orders in the third quarter.
“in the third quarter ge vernova shipped 5 gigawatts while signing 11 gigawatts of orders”
Stock Price Drop
Shares fell 14.7% below the October 6 close of $1,029.21 after the earnings report.
“they now sit 14.7% below the october 6 close of $1,029.21”
Future Pricing Outlook
Fourth-quarter pricing per kilowatt is expected to drop below third-quarter levels as more turbines ship.
“management expects fourth-quarter pricing per kilowatt to come in below the third quarter because more 50 hertz units will move from reservations”
The short version
GE Vernova raised gas turbine prices 50% for 2026 orders after AI data centers secured long-term factory slots.
