10 Best AI Energy Stocks to Buy Now

2. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 108

GE Vernova Inc. (NYSE:GEV) is one of the best AI energy stocks to buy now.

On January 16, 2026, GE Vernova Inc. (NYSE:GEV) was cited as the clearest winner by Jefferies. The bullish stance comes amid reports that President Trump and several Northeastern US governors laid out a statement of principles for PJM Interconnection to conduct a backstop emergency auction. The move aims to improve electricity affordability and reliability.

However, some analysts remain cautious about GE Vernova Inc.’s (NYSE:GEV) outlook.

Prior to this update, on January 12, 2026, Citi raised its price target on GE Vernova Inc. (NYSE:GEV) from $658 to $708, while reiterating a ‘Neutral’ rating. Earlier, Robert W. Baird downgraded the stock to ‘Neutral’, sharing the sentiment with Citi, but with a $649 price target. Robert W. Baird cited oversupply concerns as the basis for its cautious tone.

Amid this mixed analyst sentiment, at its Investor Day, GE Vernova Inc. (NYSE:GEV) said AI-driven demand is just one growth driver and that a robust backlog is projected to hit $200 billion by 2028, driven by improved margins, enhanced dividend, and buyback expectations.

GE Vernova Inc. (NYSE:GEV) focuses on designing, manufacturing, and servicing power, wind, and electrification technologies. The company delivers flexible, efficient, and low-carbon electricity solutions worldwide.