GE Vernova (NYSE:GEV – Get Free Report)‘s stock had its “outperform” rating reiterated by stock analysts at Sanford C. Bernstein in a research report issued on Wednesday, MarketBeat.com reports. They currently have a $1,298.00 target price on the stock. Sanford C. Bernstein‘s price objective would suggest a potential upside of 49.77% from the company’s current price.
Several other research analysts have also commented on the company. Morgan Stanley lowered GE Vernova from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Oppenheimer lifted their target price on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Royal Bank Of Canada lifted their target price on GE Vernova from $1,195.00 to $1,225.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. TD Cowen lifted their target price on GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Evercore reiterated an “outperform” rating and issued a $1,350.00 target price on shares of GE Vernova in a research report on Thursday, October 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,164.87.
Read Our Latest Stock Analysis on GEV
GE Vernova Price Performance
NYSE GEV traded down $28.42 during mid-day trading on Wednesday, reaching $866.66. 1,623,605 shares of the company’s stock traded hands, compared to its average volume of 2,655,519. GE Vernova has a 1-year low of $530.16 and a 1-year high of $1,195.94. The company has a fifty day simple moving average of $941.61 and a 200-day simple moving average of $936.70.
GE Vernova (NYSE:GEV – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, beating analysts’ consensus estimates of $4.03 by $0.78. The business had revenue of $12.64 billion for the quarter, compared to analyst estimates of $11.99 billion. During the same quarter last year, the business earned $1.64 EPS. GE Vernova’s revenue for the quarter was up 26.8% compared to the same quarter last year. Sell-side analysts expect that GE Vernova will post 15.04 earnings per share for the current fiscal year.
Institutional Investors Weigh In On GE Vernova
A number of large investors have recently bought and sold shares of the business. Willner & Heller LLC increased its holdings in shares of GE Vernova by 7.6% in the third quarter. Willner & Heller LLC now owns 369 shares of the company’s stock valued at $350,000 after purchasing an additional 26 shares during the period. Fonville Wealth Management LLC increased its holdings in shares of GE Vernova by 20.7% in the third quarter. Fonville Wealth Management LLC now owns 356 shares of the company’s stock valued at $338,000 after purchasing an additional 61 shares during the period. TOWER TRUST & INVESTMENT Co increased its holdings in shares of GE Vernova by 200.0% in the third quarter. TOWER TRUST & INVESTMENT Co now owns 63 shares of the company’s stock valued at $60,000 after purchasing an additional 42 shares during the period. Childress Capital Advisors LLC increased its holdings in shares of GE Vernova by 3.5% in the third quarter. Childress Capital Advisors LLC now owns 1,067 shares of the company’s stock valued at $1,014,000 after purchasing an additional 36 shares during the period. Finally, D.A. Davidson & CO. increased its holdings in shares of GE Vernova by 28.1% in the third quarter. D.A. Davidson & CO. now owns 18,668 shares of the company’s stock valued at $17,744,000 after purchasing an additional 4,098 shares during the period.
More GE Vernova News
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: Quarterly results exceeded expectations: GE Vernova reported adjusted earnings of $4.81 per share, versus the $4.03 consensus estimate, while revenue rose 26.8% year over year to $12.64 billion, above the $11.99 billion forecast. GE Vernova Q3 Earnings and Revenues Top Estimates
- Positive Sentiment: Demand and backlog remained exceptionally strong: Third-quarter orders reportedly increased 96%, lifting total backlog to approximately $197 billion. The order momentum supports visibility into future revenue and reflects sustained demand across power-generation and electrification businesses. GE Vernova Stock Surges as Orders Soar
- Positive Sentiment: Guidance and capital returns improved: Management raised its 2026 revenue outlook following strong Power segment performance, generated roughly $5.4 billion in free cash flow during the quarter and increased its share-repurchase authorization. GE Vernova Reports Strong Third Quarter Performance
- Positive Sentiment: Strategic acquisition expands grid exposure: GE Vernova agreed to acquire high-voltage grid-equipment maker Trench Group for about $9 billion. The transaction is intended to broaden its Electrification portfolio and provide greater scale in a market benefiting from grid upgrades and energy-security spending. GE Vernova to Acquire Trench Group
- Positive Sentiment: Analyst support remains favorable: Sanford C. Bernstein reaffirmed an “outperform” rating and assigned a $1,298 price target, signaling continued confidence in GEV’s growth prospects.
- Negative Sentiment: Valuation and execution risks remain: The sizable Trench acquisition could increase integration and capital-allocation risks, while the stock remains well below its 52-week high and trades below its 50-day and 200-day moving averages. Wind-market weakness and tariff uncertainty also remain potential headwinds.
About GE Vernova
GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.
Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.
Featured Stories
- Five stocks we like better than GE Vernova
- 3 Growth Stocks Under $20 With Hard Catalyst Dates Ahead
- Is United Parcel Service Finally Turning the Corner?
- Taiwan Semiconductor Flexes Pricing Power on AI’s Frontline
- Hidden in Plain Sight: 2 Earnings Winners Investors May Have Missed
Receive News & Ratings for GE Vernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Vernova and related companies with MarketBeat.com's FREE daily email newsletter.
