GE Vernova expects to surpass a $200 billion order backlog as soon as the opening weeks of 2027, earlier than Wall Street had anticipated. Chief Executive Scott Strazik attributed the outlook to strong third-quarter bookings after the company ended the second quarter with $176 billion in unfilled orders. Shares rose 4.79% to close at $925.09 on Wednesday. Strazik said rising global electricity consumption and the growing share of energy delivered through electric power support durable demand across the company’s markets. GE Vernova also expects the 2030-to-2040 period to outperform the current decade and plans to present a formal 2030 financial outlook at its spring 2027 capital markets day. The company will issue 2027 guidance during its January earnings call, including 2026 equipment margin and backlog figures, while expanding factory automation and robotics. Separately, an agreement to help rebuild Venezuela’s power system could add work across its power and electrification businesses, including 1 gigawatt of reliable capacity within 24 months and another 5 gigawatts over the following four years. The deal’s financial impact remains uncertain because the capacity target does not directly represent GE Vernova equipment, payment guarantees have raised concerns, and financing and political stability could affect execution. Services represented roughly half of the company’s $176.3 billion second-quarter backlog, highlighting the potential importance of recurring revenue from any Venezuelan rebuild.