Sanford C. Bernstein Reaffirms Outperform Rating for GE Vernova (NYSE:GEV)

Posted by Brenda Bartman on Oct 28th, 2026

GE Vernova (NYSE:GEV – Get Free Report)‘s stock had its “outperform” rating reiterated by research analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday, MarketBeat Ratings reports. They presently have a $1,298.00 price target on the stock. Sanford C. Bernstein‘s price objective would suggest a potential upside of 49.85% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the stock. Mizuho increased their target price on shares of GE Vernova from $913.00 to $949.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Wall Street Zen cut shares of GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Susquehanna reduced their target price on shares of GE Vernova from $1,300.00 to $1,270.00 and set a “positive” rating for the company in a research note on Wednesday, October 14th. BNP Paribas Exane reduced their target price on shares of GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. Finally, Guggenheim reiterated a “buy” rating and issued a $1,450.00 target price on shares of GE Vernova in a research note on Tuesday, October 13th. Two research 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,164.87.

Read Our Latest Research Report on GEV

GE Vernova Price Performance

Shares of NYSE:GEV traded down $28.87 on Wednesday, reaching $866.21. 2,547,398 shares of the company traded hands, compared to its average volume of 2,661,709. GE Vernova has a fifty-two week low of $530.16 and a fifty-two week high of $1,195.94. The company’s 50 day moving average is $941.61 and its 200-day moving average is $936.70.

GE Vernova (NYSE:GEV – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. The company had revenue of $12.64 billion during the quarter, compared to analyst estimates of $11.99 billion. During the same period last year, the company posted $1.64 earnings per share. The company’s revenue was up 26.8% compared to the same quarter last year. As a group, equities analysts anticipate that GE Vernova will post 15.04 EPS for the current fiscal year.

Institutional Investors Weigh In On GE Vernova

Institutional investors have recently added to or reduced their stakes in the stock. Parvin Asset Management LLC bought a new stake in GE Vernova during the 2nd quarter worth about $32,000. Pingora Partners LLC bought a new stake in GE Vernova in the 2nd quarter valued at about $36,000. Manning & Napier Advisors LLC lifted its holdings in shares of GE Vernova by 68.4% during the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock worth $26,000 after acquiring an additional 13 shares during the period. IMG Wealth Management Inc. bought a new stake in shares of GE Vernova during the 2nd quarter worth approximately $39,000. Finally, Miller Global Investments LLC increased its position in GE Vernova by 63.6% during the 2nd quarter. Miller Global Investments LLC now owns 36 shares of the company’s stock worth $42,000 after purchasing an additional 14 shares in the last quarter.

Trending Headlines about GE Vernova

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.

GE Vernova Company Profile

(Get Free Report)

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.