JPMorgan Chase & Co. Issues Pessimistic Forecast for GE Vernova (NYSE:GEV) Stock Price

Posted by Francis Steltz on Nov 11th, 2026

GE Vernova (NYSE:GEV – Get Free Report) had its price target cut by analysts at JPMorgan Chase & Co. from $1,035.00 to $1,000.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 21.78% from the company’s previous close.

A number of other research analysts also recently weighed in on GEV. Wall Street Zen downgraded GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Royal Bank Of Canada lifted their price target on GE Vernova from $1,225.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, October 29th. Evercore restated an “outperform” rating and set a $1,350.00 price target on shares of GE Vernova in a research report on Thursday, October 1st. BNP Paribas Exane reduced their price target on GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating on the stock in a research note on Thursday, August 20th. Finally, Citigroup decreased their price objective on GE Vernova from $1,125.00 to $1,000.00 and set a “neutral” rating for the company in a report on Thursday, October 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,143.03.

Read Our Latest Stock Analysis on GEV

GE Vernova Trading Up 3.0%

Shares of NYSE GEV traded up $24.12 during midday trading on Wednesday, hitting $821.16. 1,641,133 shares of the company traded hands, compared to its average volume of 2,779,269. GE Vernova has a 12-month low of $530.16 and a 12-month high of $1,195.94. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. The stock has a 50-day moving average price of $919.64 and a 200 day moving average price of $946.09. The firm has a market cap of $217.34 billion, a P/E ratio of 21.56, a P/E/G ratio of 2.70 and a beta of 1.25.

GE Vernova (NYSE:GEV – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The company reported $4.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.03 by $0.78. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The company had revenue of $12.64 billion during the quarter, compared to the consensus estimate of $11.99 billion. During the same period in the prior year, the firm earned $1.64 earnings per share. GE Vernova’s revenue was up 26.8% on a year-over-year basis. As a group, analysts expect that GE Vernova will post 16.13 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Edmond DE Rothschild Holding S.A. increased its holdings in shares of GE Vernova by 116.5% during the third quarter. Edmond DE Rothschild Holding S.A. now owns 19,459 shares of the company’s stock valued at $18,496,000 after acquiring an additional 10,470 shares in the last quarter. Private Wealth Asset Management LLC grew its position in GE Vernova by 223.4% during the 3rd quarter. Private Wealth Asset Management LLC now owns 3,451 shares of the company’s stock valued at $3,280,000 after purchasing an additional 2,384 shares during the last quarter. USS Investment Management Ltd grew its position in GE Vernova by 40.5% during the 3rd quarter. USS Investment Management Ltd now owns 17,000 shares of the company’s stock valued at $16,153,000 after purchasing an additional 4,900 shares during the last quarter. Greenline Wealth Management LLC increased its stake in GE Vernova by 2.9% during the 3rd quarter. Greenline Wealth Management LLC now owns 1,187 shares of the company’s stock valued at $1,128,000 after purchasing an additional 33 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in GE Vernova by 30.1% during the 3rd quarter. Private Advisor Group LLC now owns 45,638 shares of the company’s stock valued at $43,378,000 after purchasing an additional 10,546 shares in the last quarter.

Key Stories Impacting GE Vernova

Investors following GEV have been watching these stories:

Positive Sentiment: A German utility ordered three wind turbines and a 20-year service agreement, adding equipment sales and potential recurring service revenue. Article: GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
Negative Sentiment: SoftBank’s reassessment of its Ohio data-center plans renewed concerns about AI infrastructure spending and potential demand for power equipment, weighing on sentiment toward GEV. Article: GE Vernova shares slide after SoftBank revises US data center project plans
Negative Sentiment: The surge in total orders masks weakness in electrification, where orders fell 9%—a potential concern given the importance of that business to grid and power-demand growth. Article: GE Vernova’s Orders Jumped 96%

GE Vernova Company Profile

(Get Free Report)

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century. The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.