GE Vernova (GEV) is set to report its earnings before the market opens on Wednesday, July 22, while NextEra Energy (NEE) will release its results on Friday, July 24. Both companies are positioned to benefit from the increasing demand for electricity, which is projected to rise by 25% by 2030 and up to 100% by 2050 due to the AI boom and energy infrastructure spending, estimated at $7 trillion globally by 2030, with $1.3 trillion focused on energy. GEV’s backlog reached $163 billion, projected to grow to $200 billion by 2027, while NEE anticipates adding 15 gigawatts of new power generation for data centers by 2035.
GE Vernova has seen a 680% rise in stock price since its spin-off in April 2024 and expects annual sales growth of 19% in 2026. NEE is recognized as a leader in wind and solar energy, and it has collaborated with Google to strengthen U.S. nuclear energy leadership. NextEra’s stock has increased by 1,200% over the past 25 years and is currently trading at a 40% discount to its peak values, anticipating revenue growth of 16% in 2026.
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