GE Vernova (NYSE:GEV) Stock Gets Price Target Increase from Glj Research

Key Points

• GLJ Research raised GE Vernova’s price target from $470 to $540 but maintained a “sell” rating, implying 39.32% downside from the stock’s previous close.
• Analyst sentiment remains broadly positive despite the bearish call: GE Vernova has a consensus “Moderate Buy” rating and an average price target of $1,152.53, with multiple firms assigning targets above $1,000.
• Recent quarterly results exceeded expectations, with earnings per share of $4.81 versus $4.03 expected and revenue of $12.64 billion, up 26.8% year over year.

GE Vernova (NYSE:GEV - Get Free Report) had its price objective boosted by Glj Research from $470.00 to $540.00 in a report released on Friday, Benzinga reports. The firm presently has a "sell" rating on the stock. Glj Research's price objective points to a potential downside of 39.32% from the stock's previous close.

GEV has been the topic of a number of other research reports. Susquehanna dropped their price objective on GE Vernova from $1,270.00 to $1,250.00 and set a "positive" rating on the stock in a research note on Thursday. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $1,298.00 target price on shares of GE Vernova in a report on Wednesday. HSBC upgraded shares of GE Vernova from a "hold" rating to a "buy" rating and set a $1,100.00 price target on the stock in a research report on Friday. BMO Capital Markets reissued an "outperform" rating and issued a $1,200.00 price target on shares of GE Vernova in a report on Thursday. Finally, Mizuho raised their price objective on shares of GE Vernova from $913.00 to $949.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,152.53.

GE Vernova Stock Performance

GEV stock opened at $889.93 on Friday. GE Vernova has a 1 year low of $530.16 and a 1 year high of $1,195.94. The stock has a market capitalization of $237.02 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 3.04 and a beta of 1.14. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. The stock's fifty day moving average is $937.07 and its two-hundred day moving average is $939.27.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 earnings per share for the quarter, topping analysts' consensus estimates of $4.03 by $0.78. The business had revenue of $12.64 billion for the quarter, compared to analysts' expectations of $11.99 billion. GE Vernova had a net margin of 23.54% and a return on equity of 46.50%. The company's revenue for the quarter was up 26.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.64 EPS. On average, research analysts predict that GE Vernova will post 15.04 EPS for the current year.

Hedge Funds Weigh In On GE Vernova

A number of large investors have recently modified their holdings of the stock. Integrity Alliance LLC. raised its holdings in GE Vernova by 2.2% in the third quarter. Integrity Alliance LLC. now owns 2,035 shares of the company's stock worth $1,934,000 after purchasing an additional 43 shares during the period. Integrity Advisory Solutions LLC increased its position in shares of GE Vernova by 16.9% in the 3rd quarter. Integrity Advisory Solutions LLC now owns 478 shares of the company's stock valued at $454,000 after buying an additional 69 shares in the last quarter. First Nebraska Trust Co bought a new stake in shares of GE Vernova in the 3rd quarter valued at $385,000. Arlington Capital Management INC increased its position in shares of GE Vernova by 67.9% in the 3rd quarter. Arlington Capital Management INC now owns 314 shares of the company's stock valued at $298,000 after buying an additional 127 shares in the last quarter. Finally, Aware Super Pty Ltd as trustee of Aware Super raised its stake in GE Vernova by 18.8% during the 3rd quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 16,868 shares of the company's stock worth $16,033,000 after buying an additional 2,668 shares during the period.

GE Vernova News Roundup

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

• Positive Sentiment: Strong Q3 performance and higher outlook: GE Vernova reported adjusted earnings of $4.81 per share versus the $4.03 consensus, while revenue reached $12.64 billion, up 26.8% year over year. Management also raised its 2026 revenue outlook for the third consecutive quarter and increased its share-repurchase authorization. GE Vernova Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: AI-driven demand is supporting pricing and backlog: Orders reportedly increased 96%, total backlog reached approximately $197 billion, and data-center demand has allowed GE Vernova to raise gas-turbine prices as customers reserve production capacity years ahead. The trends point to improving margins and sustained demand for power-generation equipment. GE Vernova Q3 Earnings Call Highlights Pricing and Grid Expansion
• Positive Sentiment: $9 billion Trench acquisition expands grid exposure: GE Vernova agreed to acquire Trench Group, bringing high-voltage equipment manufacturing in-house and expanding its Electrification segment across Europe and Asia. The deal is intended to capitalize on rising electricity demand and improve vertical integration. GE Vernova in $9B Deal to Buy High-Voltage Manufacturer
• Positive Sentiment: Several analysts remain constructive: Bernstein reaffirmed an Outperform rating with a $1,298 target, while Susquehanna maintained a Positive rating and a $1,250 target, both implying substantial upside from the referenced price.
• Neutral Sentiment: Analyst views are becoming more cautious: JPMorgan retained an Overweight rating but cut its target to $1,035 from $1,150; Citi lowered its target to $1,000 from $1,125 and kept a Neutral rating. The revised targets still imply upside but indicate more demanding valuation expectations.
• Negative Sentiment: Investors wanted stronger near-term order conversion: The stock fell despite the earnings beat because new orders and newly booked turbine production slots reportedly missed elevated expectations. The market is questioning how quickly the $197 billion backlog will translate into revenue and cash flow.
• Negative Sentiment: Acquisition execution and financing risks remain: The Trench purchase could strengthen long-term grid growth, but its $9 billion price increases integration and capital-allocation risk. Shares are also trading below their 50-day and 200-day moving averages, reflecting continued investor skepticism.

About GE Vernova

GE Vernova Inc NYSE: GEV is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.

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