GE Vernova (NYSE:GEV) Stock Price Down 1.8% – Here’s Why

Posted by Francis Steltz on Jul 4th, 2026

GE Vernova Inc. (NYSE:GEV – Get Free Report) shares were down 1.8% during trading on Thursday . The stock traded as low as $1,087.08 and last traded at $1,113.4260. 2,334,718 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 2,799,475 shares. The stock had previously closed at $1,134.35.

More GE Vernova News

Here are the key news stories impacting GE Vernova this week:

Positive Sentiment: GE Vernova is benefiting from the AI boom not just through gas turbines, but also through higher demand for grid equipment and electrification products used by data centers, reinforcing growth across multiple business lines. GE Vernova’s gas turbines aren’t the only way it’s winning from the AI boom
Positive Sentiment: The stock is also getting support from its inclusion in the Russell Top 50 Index and from rising orders tied to AI-driven data center power needs, which can improve institutional visibility and sentiment. Why GE Vernova (GEV) Is Up 7.3% After Russell Top 50 Nod And AI Power Orders
Positive Sentiment: Jim Cramer said GE Vernova is his favorite among the takeover-related names he was discussing and specifically voiced confidence in CEO Scott Strazik, which may be adding to bullish investor attention. Jim Cramer on GE Vernova: “I Believe In Scott Strazik”
Positive Sentiment: Analysts are flagging GE Vernova as a candidate to beat earnings again, pointing to its strong track record of surprises and favorable setup ahead of its next report. Will GE Vernova (GEV) Beat Estimates Again in Its Next Earnings Report?
Neutral Sentiment: Some coverage is simply reminding investors to mark the calendar for July 22, likely a date tied to the company’s next earnings update or an important event, but it does not add new operational news. Dear GE Vernova stock fans, mark your calendars for July 22

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. BMO Capital Markets raised their price objective on GE Vernova from $1,110.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. increased their target price on GE Vernova from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Barclays raised their price target on GE Vernova from $993.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Sanford C. Bernstein started coverage on shares of GE Vernova in a research note on Tuesday, June 16th. They set an “outperform” rating and a $1,206.00 price objective for the company. Finally, TD Cowen increased their price objective on shares of GE Vernova from $780.00 to $1,220.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,089.88.

Get Our Latest Analysis on GEV

GE Vernova Stock Up 0.0%

The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $299.20 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 4.11 and a beta of 1.09. The firm has a 50-day moving average of $1,042.04 and a two-hundred day moving average of $879.98.

GE Vernova (NYSE:GEV – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating the consensus estimate of $1.95 by $15.49. The firm had revenue of $9.34 billion for the quarter, compared to analyst estimates of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. GE Vernova’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.91 earnings per share. On average, equities research analysts forecast that GE Vernova Inc. will post 15.05 EPS for the current year.

GE Vernova Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 16th. GE Vernova’s dividend payout ratio (DPR) is presently 5.83%.

Insider Activity

In related news, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $948.08, for a total value of $4,568,797.52. Following the sale, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Matthew Joseph Potvin sold 2,333 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the completion of the sale, the chief accounting officer directly owned 3,549 shares in the company, valued at $3,758,710.41. This represents a 39.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Silverleafe Capital Partners LLC lifted its holdings in GE Vernova by 7.1% in the second quarter. Silverleafe Capital Partners LLC now owns 2,441 shares of the company’s stock worth $2,868,000 after purchasing an additional 161 shares during the period. Hilltop National Bank increased its stake in GE Vernova by 22.3% during the 2nd quarter. Hilltop National Bank now owns 510 shares of the company’s stock valued at $599,000 after buying an additional 93 shares during the period. PVG Asset Management Corp increased its stake in GE Vernova by 5.6% during the 2nd quarter. PVG Asset Management Corp now owns 3,579 shares of the company’s stock valued at $4,204,000 after buying an additional 190 shares during the period. Miller Global Investments LLC raised its position in shares of 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 buying an additional 14 shares in the last quarter. Finally, Eastern Bank raised its position in shares of GE Vernova by 5.9% during the 2nd quarter. Eastern Bank now owns 3,340 shares of the company’s stock worth $3,924,000 after buying an additional 186 shares in the last quarter.

About GE Vernova

(Get Free Report)

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.