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NYSE:GEV

GE Vernova (GEV) Stock Price, News & Analysis

$175.90
+0.82 (+0.47%)
(As of 05/31/2024 ET)
Today's Range
$165.40
$179.77
50-Day Range
$122.67
$178.09
52-Week Range
$115.00
$182.78
Volume
5.45 million shs
Average Volume
2.82 million shs
Market Capitalization
$48.21 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$164.90
GEV stock logo

About GE Vernova Stock (NYSE:GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts.

GEV Stock Price History

GEV Stock News Headlines

Power Surge: Utilities Sector Breaks out, Outperforms Market
The Utilities sector, breaking out of a multi-year downtrend, has seen a notable momentum shift in recent weeks and is now outperforming the overall market.
GE Vernova (NYSE:GEV) Shares Down 0.7%
GE Vernova (NYSE:GEV) Stock Price Up 9.7%
GEV Dec 2024 230.000 call (GEV241220C00230000)
GE Vernova (NYSE:GEV) PT Raised to $176.00
GE Vernova (NYSE:GEV) Stock Price Up 8.4% on Analyst Upgrade
GE Vernova (NYSE:GEV) Trading Up 0.6% After Analyst Upgrade
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
6/01/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic, electrical equipment & components, except computer equipment
Sub-Industry
N/A
Fax
N/A
Employees
80,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$164.90
High Stock Price Target
$180.00
Low Stock Price Target
$147.00
Potential Upside/Downside
-6.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$33.24 billion
Book Value
$36.41 per share

Miscellaneous

Free Float
N/A
Market Cap
$48.23 billion
Optionable
N/A
Beta
N/A
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Key Executives

  • Mr. Scott L. Strazik (Age 45)
    CEO & Director
    Comp: $2.83M
  • Mr. Kenneth S. Parks (Age 61)
    Chief Financial Officer
    Comp: $2.64M
  • Ms. Rachel Ann Gonzalez Esq. (Age 54)
    General Counsel
    Comp: $2.67M
  • Mr. Steven Baert (Age 50)
    Chief People Officer
    Comp: $4.14M
  • Ms. Maria Victoria Zingoni Dominguez (Age 49)
    Chief Executive Officer of Power
    Comp: $4.16M
  • Ms. Jessica R. Uhl (Age 56)
    President
  • Ms. Kristin Carvell
    Chief Communications Officer
  • Mr. Philippe Piron
    Chief Executive Officer of Electrification Systems
  • Mr. Daniel Garceau (Age 56)
    Chief Supply Chain Officer
  • Mr. Pablo M. Koziner (Age 51)
    Chief Commercial Officer

GEV Stock Analysis - Frequently Asked Questions

Should I buy or sell GE Vernova stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GE Vernova in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GEV shares.
View GEV analyst ratings
or view top-rated stocks.

What is GE Vernova's stock price target for 2024?

10 Wall Street research analysts have issued 1-year price targets for GE Vernova's stock. Their GEV share price targets range from $147.00 to $180.00. On average, they anticipate the company's stock price to reach $164.90 in the next year. This suggests that the stock has a possible downside of 6.3%.
View analysts price targets for GEV
or view top-rated stocks among Wall Street analysts.

How have GEV shares performed in 2024?

GE Vernova's stock was trading at $137.34 at the beginning of 2024. Since then, GEV stock has increased by 28.1% and is now trading at $175.90.
View the best growth stocks for 2024 here
.

When is GE Vernova's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our GEV earnings forecast
.

How were GE Vernova's earnings last quarter?

GE Vernova Inc. (NYSE:GEV) released its quarterly earnings data on Thursday, April, 25th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by $0.17. The company had revenue of $7.26 billion for the quarter, compared to the consensus estimate of $7.56 billion.

What guidance has GE Vernova issued on next quarter's earnings?

GE Vernova issued an update on its FY 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $34.0 billion-$35.0 billion, compared to the consensus revenue estimate of $34.8 billion.

Who are GE Vernova's major shareholders?

GE Vernova's stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (0.98%), Steadfast Capital Management LP (0.21%), Kinetic Partners Management LP (0.06%), Yaupon Capital Management LP (0.03%), Spear Holdings RSC Ltd (0.02%) and Walleye Trading LLC (0.00%).

How do I buy shares of GE Vernova?

Shares of GEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GEV) was last updated on 6/1/2024 by MarketBeat.com Staff

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