GE Vernova Inc. (NYSE:GEV) Stock Has Average Price Target of $1,171.87

GE Vernova Inc. (NYSE:GEV) has been assigned an average recommendation of “Moderate Buy” from the thirty-five brokerages that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation, twenty-six have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $1,171.87.

A number of equities analysts have recently issued reports on the company. Evercore reiterated an “outperform” rating and issued a $1,350.00 price objective on shares of GE Vernova in a report on Thursday, October 1st. Wall Street Zen cut GE Vernova from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. President Capital boosted their target price on GE Vernova from $1,368.00 to $1,398.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Oppenheimer upped their target price on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada increased their price target on shares of GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd.

More GE Vernova News

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

• Positive Sentiment: Wood Mackenzie said four-hour battery storage is now more economical than gas peaker plants across global markets. In North America, data-center growth, gas-turbine backlogs and fuel-price volatility are strengthening the long-term investment case for storage and renewables—areas that could support GE Vernova’s power-generation and grid businesses. 4-hour storage cheaper than gas peakers across global markets: WoodMac
• Positive Sentiment: GE Vernova’s sold-out gas turbines make it a key supplier to data centers that need dependable electricity, giving investors exposure to the AI infrastructure buildout without being a direct AI software investment. Its growing backlog provides additional revenue visibility. GE Vernova Isn’t an AI Stock. It’s the Reason AI Stocks Work.
• Positive Sentiment: Investors continue to highlight nuclear expansion, services growth and the former GE energy division’s role in meeting rising power demand. Fisher Asset Management also substantially increased its GE Vernova position, signaling strong institutional conviction. GE Vernova Surges 9.4% in a Month: Hold or Fold the Stock? Why Billionaire Ken Fisher Went Big on GE Vernova
• Neutral Sentiment: GE Vernova plans to double its MIT internships and permanent hires in 2027. The move may strengthen its engineering talent pipeline, but it is unlikely to materially affect near-term earnings. GE Vernova to Double the Number of MIT Interns and Permanent Hires in 2027
• Negative Sentiment: Analysts and commentators warn that GE Vernova’s roughly 70% one-year run has left the shares at a premium valuation, increasing the risk that future returns depend on converting its backlog into cash flow. Supply constraints, tariffs and execution risks could also pressure results. GE Vernova Stock Appears Overvalued Following Its 70% Run
• Negative Sentiment: GE Vernova recently underperformed the broader market in a down session, reinforcing concerns about profit-taking and elevated expectations even as its longer-term outlook remains favorable. GE Vernova Dips More Than Broader Market

Hedge Funds Weigh In On GE Vernova

A number of large investors have recently added to or reduced their stakes in the business. Auto Owners Insurance Co increased its holdings in shares of GE Vernova by 110,973.4% in the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock worth $2,278,224,000 after buying an additional 34,826,773 shares during the period. BlackRock Inc. bought a new position in GE Vernova during the 2nd quarter worth approximately $25,569,630,000. State Street Corp increased its stake in GE Vernova by 3.3% in the 2nd quarter. State Street Corp now owns 11,765,340 shares of the company’s stock worth $13,828,380,000 after purchasing an additional 370,842 shares during the period. Bank of America Corp DE lifted its position in GE Vernova by 20.1% in the first quarter. Bank of America Corp DE now owns 2,598,178 shares of the company’s stock valued at $2,267,949,000 after purchasing an additional 435,405 shares during the last quarter. Finally, Capital World Investors lifted its position in GE Vernova by 1.2% in the fourth quarter. Capital World Investors now owns 2,181,816 shares of the company’s stock valued at $1,425,972,000 after purchasing an additional 25,619 shares during the last quarter.

GE Vernova Stock Performance

NYSE GEV opened at $998.73 on Friday. GE Vernova has a 52-week low of $530.16 and a 52-week high of $1,195.94. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The company has a market capitalization of $265.99 billion, a P/E ratio of 28.58, a P/E/G ratio of 3.48 and a beta of 1.14. The company has a fifty day moving average of $967.51 and a 200-day moving average of $998.61.

GE Vernova (NYSE:GEV) last announced its earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). The company had revenue of $11.10 billion during the quarter, compared to analysts’ expectations of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The firm’s revenue was up 21.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.86 earnings per share. As a group, equities research analysts predict that GE Vernova will post 14.93 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 24th. Stockholders of record on Tuesday, October 27th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, October 27th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio is 5.72%.

About GE Vernova

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.