GE Vernova shares rose 45.6% in 2026 through Sept. 23, closing at $951.82. Motley Fool’s Jack Delaney argues AI-related power demand supports a long-term investment case, while noting that the stock could still pull back.
Delaney cites Amazon’s July increase in planned 2026 capital spending to $220 billion from $200 billion and Alphabet’s plan to spend $195 billion–$205 billion, up from an earlier forecast of up to $190 billion. Bloomberg research cited in the article projects data centers will account for 20% of U.S. electricity use by 2035, compared with 5.9% in 2026.
Shares were still about 20% below their $1,195.94 52-week high. For investors with a multiyear horizon, Delaney says they need not focus on waiting for a short-term dip; he suggests investing a set amount or share count weekly, biweekly or monthly rather than all at once. GE Vernova was not among Motley Fool Stock Advisor’s 10 current picks. Delaney disclosed no position, while The Motley Fool said it holds and recommends GE Vernova, Amazon and Alphabet.
