GE Vernova (NYSE:GEV) Price Target Raised to $1,150.00

GE Vernova (NYSE:GEV) had its target price boosted by JPMorgan Chase & Co. from $1,000.00 to $1,150.00 in a research note issued to investors on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Other analysts have also recently issued reports about the company. UBS Group restated a “buy” rating on shares of GE Vernova in a research report on Thursday, January 29th. Citigroup boosted their price objective on GE Vernova from $779.00 to $1,110.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Robert W. Baird set a $923.00 price objective on GE Vernova and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. TD Cowen boosted their price objective on GE Vernova from $680.00 to $780.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Wells Fargo & Company boosted their price objective on GE Vernova from $831.00 to $896.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $919.48.

GE Vernova Price Performance

GEV opened at $1,001.86 on Thursday. GE Vernova has a 12 month low of $306.21 and a 12 month high of $1,009.49. The stock has a market cap of $269.36 billion, a P/E ratio of 56.28, a P/E/G ratio of 3.85 and a beta of 1.43. The stock’s 50 day moving average price is $870.22 and its 200 day moving average price is $715.29.

GE Vernova (NYSE:GEV) last posted its earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, beating the consensus estimate of $2.99 by $10.40. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The firm had revenue of $10.96 billion for the quarter, compared to analysts’ expectations of $10.21 billion. During the same period last year, the firm earned $1.73 EPS. The firm’s revenue was up 3.8% compared to the same quarter last year. Equities analysts anticipate that GE Vernova will post 6.59 EPS for the current year.

GE Vernova Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s payout ratio is currently 11.24%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Jackson Grant Investment Advisers Inc. grew its holdings in shares of GE Vernova by 344.4% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock valued at $25,000 after buying an additional 31 shares in the last quarter. Cornerstone Financial Management LLC purchased a new position in shares of GE Vernova during the fourth quarter valued at $25,000. Wealth Watch Advisors INC acquired a new stake in GE Vernova during the third quarter valued at $25,000. Torren Management LLC acquired a new stake in GE Vernova during the fourth quarter valued at $26,000. Finally, ORG Wealth Partners LLC boosted its position in GE Vernova by 241.7% during the fourth quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock valued at $27,000 after purchasing an additional 29 shares during the last quarter.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: JPMorgan raised its price target to $1,150 and kept an “overweight” rating, implying about a mid‑teens upside from recent levels — a prominent analyst upgrade that can drive buying interest. Benzinga: JPMorgan raise
• Positive Sentiment: CEO Scott Strazik highlighted AI infrastructure as a “massive opportunity” for job growth and demand for power and cooling buildouts — a bullish thematic catalyst if GEV captures AI‑data‑center electrification work. CEO AI comment
• Positive Sentiment: Recent quarterly results showed a large EPS beat and revenue growth, supporting valuation and analyst confidence heading into Q1 results (analysts still expect meaningful EPS this year). No direct link — based on the company’s latest reported results.
• Neutral Sentiment: Pre‑earnings coverage digs into analyst metric forecasts and what could move Q1 results beyond headline revenue/EPS — useful for investors preparing for the coming report. Zacks: analyst projections
• Neutral Sentiment: Market commentary and trending‑stock writeups note GEV’s strong multi‑period share run and elevated investor attention; these stories can amplify flows but don’t change fundamentals by themselves. Zacks: trending stock
• Negative Sentiment: Legal dispute with Vineyard Wind: a Massachusetts judge has blocked GEV from abandoning work on the Vineyard Wind project despite a developer refusal to pay over $300M that GE says is owed. The ruling forces continued work but leaves cash‑collection, project margin and legal risk unresolved — a material operational and credit risk for the offshore wind exposure. Reuters: judge rules
• Negative Sentiment: Ongoing court filings (GE has responded in court) mean the situation could evolve, creating headline risk around potential charges, project delays or additional provisions. Recharge News: legal response

About GE Vernova

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.