GE Vernova (NYSE:GEV) Stock Price Down 6.8% – Here’s Why

Posted by George Bondi on Aug 20th, 2026

Shares of GE Vernova Inc. (NYSE:GEV – Get Free Report) dropped 6.8% during trading on Tuesday . The stock traded as low as $986.17 and last traded at $1,005.9740. 2,806,129 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 2,757,370 shares. The stock had previously closed at $1,079.00.

Analyst Ratings Changes

A number of brokerages recently weighed in on GEV. JPMorgan Chase & Co. upped their target price on shares of GE Vernova from $1,302.00 to $1,330.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Zacks Research downgraded shares of GE Vernova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Susquehanna set a $1,300.00 price target on shares of GE Vernova in a research note on Thursday, April 23rd. BMO Capital Markets reissued an “outperform” rating on shares of GE Vernova in a report on Friday, August 7th. Finally, BNP Paribas Exane lowered GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price objective for the company. in a research report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, GE Vernova currently has an average rating of “Moderate Buy” and a consensus target price of $1,133.15.

View Our Latest Analysis on GE Vernova

GE Vernova Stock Down 1.7%

The company has a 50 day simple moving average of $1,041.16 and a two-hundred day simple moving average of $966.52. The company has a quick ratio of 0.62, a current ratio of 0.85 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $262.88 billion, a P/E ratio of 28.25, a PEG ratio of 3.58 and a beta of 1.21.

GE Vernova (NYSE:GEV – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion for the quarter, compared to analysts’ expectations of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The company’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter last year, the company earned $1.86 earnings per share. As a group, equities analysts predict that GE Vernova Inc. will post 15.57 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Victor Abate sold 4,819 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the sale, the chief executive officer directly owned 1,835 shares in the company, valued at $1,739,726.80. This trade represents a 72.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On GE Vernova

Several hedge funds and other institutional investors have recently made changes to their positions in GEV. World Investment Advisors grew its position in shares of GE Vernova by 19.9% during the 4th quarter. World Investment Advisors now owns 13,497 shares of the company’s stock worth $8,821,000 after buying an additional 2,241 shares in the last quarter. Riverbend Wealth Management LLC bought a new stake in shares of GE Vernova in the fourth quarter valued at about $567,000. Vest Financial LLC lifted its stake in GE Vernova by 56.7% in the fourth quarter. Vest Financial LLC now owns 66,191 shares of the company’s stock worth $43,260,000 after acquiring an additional 23,956 shares during the period. RiverFront Investment Group LLC grew its holdings in GE Vernova by 239.2% during the 4th quarter. RiverFront Investment Group LLC now owns 2,191 shares of the company’s stock worth $1,432,000 after acquiring an additional 1,545 shares in the last quarter. Finally, Danske Bank A S increased its position in GE Vernova by 5.5% during the 4th quarter. Danske Bank A S now owns 156,236 shares of the company’s stock valued at $102,111,000 after purchasing an additional 8,086 shares during the period.

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.