You’re probably looking at a ticker right now and feeling a bit confused. Maybe you remember General Electric as that one massive, lumbering giant that made everything from lightbulbs to jet engines. But if you search for the GE power share price today, in early 2026, you aren’t just looking at one company anymore. You’re looking at a ghost. Or rather, a ghost that’s been split into three very real, very aggressive new players.
The old GE Power—the business that used to be the backbone of the world's electricity—basically doesn't exist under that name on the stock exchange anymore. It’s been reborn.
The Great 2024 Breakup
To understand the price today, you have to look back at April 2, 2024. That was the day the "old" GE finally died and gave birth to GE Vernova (GEV) and GE Aerospace (GE). If you were holding the old shares, you didn't just lose money; you gained a whole new portfolio. For every four shares of GE you held back then, you got one share of the new power business, Vernova.
Honestly, it was a mess for casual investors to track. But it was the smartest thing the company ever did.
Why GE Power Share Price is Now GE Vernova (GEV)
If you’re hunting for the "power" side of the business, you need to be looking at GE Vernova. As of mid-January 2026, GEV is trading around $622.50. It’s been a wild ride. Just a year ago, people were skeptical about whether a standalone power company could survive the "green" transition.
Well, the skeptics were wrong.
The stock has been a monster. It hit a 52-week high of $731.00 recently. Why? Because the world is hungry for electricity. Between AI data centers needing massive amounts of juice and the push for electrification, GE Vernova is sitting on a goldmine of gas turbines and grid tech.
- Current Price (Jan 2026): ~$622.50
- Market Cap: $168.91 Billion
- Dividend: Just doubled to $0.50 per quarter.
It’s not all sunshine, though. The wind energy sector has been a headache. They've dealt with some persistent losses there, and the global tariff wars of 2025 didn't help. But the "Power" segment—the gas and services side—is printing money. It has segment margins near 16-18%, which is huge for industrial hardware.
The Other Half: GE Aerospace (GE)
Now, if you see the ticker symbol GE and assume it's still the power company, you're only half right. That ticker now belongs to GE Aerospace. This is the aviation side. It’s currently trading around $327.23.
It’s a completely different animal.
Aerospace has been outperforming the S&P 500 like crazy. It’s up about 9% in just the last month. While Vernova handles the ground-based power, Aerospace is defining flight. If you kept your original GE shares through the split, you’re likely doing very well. This side of the business is expected to report earnings on January 22, 2026, and analysts are betting on a big beat—roughly $1.41 per share.
What about GE Power India?
For some of you, "GE Power share price" refers to the Indian subsidiary (GVPIL), which still trades under the GE Power India name. This is a different beast entirely. It’s been trading around ₹310.15 (INR).
It’s been a "strong performer under the radar," as some analysts say, gaining over 50% from its 52-week lows. But it’s volatile. It recently took a nearly 4% hit in a single day. If you're playing the Indian market, you're looking at a company that's struggling to keep up with the Nifty50 but still has a massive 3-year return profile of over 120%.
What Most People Get Wrong
Most folks think that because "GE" isn't a top-ten household name anymore, the stock is dead. That’s the mistake. By splitting up, the "power" part of the business became nimble.
In the old days, if the aviation side had a bad quarter, it dragged the power side down. Now, GE Vernova can focus entirely on things like the Nhon Trach 3&4 power plant in Vietnam, which just started commercial operations. They aren't distracted by jet engines anymore.
Is it still a buy in 2026?
The valuation for GEV is high—kinda scary high, actually. We’re talking a P/E ratio of over 100x. That’s tech-stock territory for a company that makes giant metal turbines.
Analysts at GLJ Research recently raised their target to a staggering $1,087, while others like Baird are cutting targets because they worry about oversupply. It’s a polarized market. You have to decide if you believe the "electrification of everything" narrative is worth that premium.
Actionable Steps for Investors
If you’re still holding legacy shares or looking to jump in now, here is exactly what you should do to clean up your portfolio:
💡 You might also like: Chart of Stock Market: What Most People Get Wrong
- Check your Tickers: Ensure you aren't confusing GE (Aerospace) with GEV (Vernova). They are separate companies with different risks.
- Watch the Grid: The biggest growth isn't in turbines; it's in the Grid segment. If GE Vernova's grid backlog continues to grow at the 11-12% rate we've seen, the stock has room to run toward that $750 "fair value" mark.
- Monitor the Dividend: GEV just doubled its dividend to $0.50. This is a sign of "capital return" confidence. If they hike it again in late 2026, it’s a signal that the wind energy losses are finally behind them.
- Tax Basis Allocation: If you’ve held since before April 2024, make sure you've properly allocated your tax basis between your GE and GEV shares. This is a huge headache during tax season if you don't have the original spin-off paperwork.
The days of General Electric being a boring "widows and orphans" stock are over. Whether you're looking at the GE power share price through the lens of Vernova or the Indian subsidiary, you're dealing with high-growth, high-volatility energy plays. The "power" is back, but it looks a lot different than it did five years ago.