Glj Research Reaffirms Sell Rating for GE Vernova (NYSE:GEV)

Key Points

• GLJ Research reaffirmed its Sell rating on GE Vernova and set a $540 price target, implying 29.75% downside from the stock’s then-current price. In contrast, analysts overall maintain a Moderate Buy consensus with an average target of $1,144.20.
• GE Vernova shares fell 7.3% to $768.65 on Tuesday, while quarterly results beat expectations: EPS was $4.81 versus $4.03 forecast, and revenue rose 26.8% year over year to $12.64 billion.
• The company reported a record $197 billion backlog and raised its 2026 revenue guidance, while also securing wind-turbine and large transmission-project opportunities.

GE Vernova (NYSE:GEV - Get Free Report)'s stock had its "sell" rating reaffirmed by investment analysts at Glj Research in a research report issued to clients and investors on Tuesday, Benzinga reports. They currently have a $540.00 price objective on the stock. Glj Research's price target suggests a potential downside of 29.75% from the company's current price.

Other research analysts have also issued research reports about the stock. Mizuho upped their price objective on shares of GE Vernova from $913.00 to $949.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. BMO Capital Markets reissued an "outperform" rating and set a $1,200.00 target price on shares of GE Vernova in a research note on Thursday, October 29th. President Capital lifted their target price on shares of GE Vernova from $1,368.00 to $1,398.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. BNP Paribas Exane cut their price objective on GE Vernova from $1,190.00 to $1,090.00 and set a "neutral" rating for the company in a report on Thursday, August 20th. Finally, Susquehanna reduced their price objective on GE Vernova from $1,270.00 to $1,250.00 and set a "positive" rating for the company in a research report on Thursday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,144.20.

GE Vernova Stock Down 7.3%

Shares of GEV stock traded down $60.69 on Tuesday, reaching $768.65. 3,734,270 shares of the company's stock traded hands, compared to its average volume of 2,772,810. GE Vernova has a 12-month low of $530.16 and a 12-month high of $1,195.94. 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 company has a market capitalization of $203.45 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 2.71 and a beta of 1.25. The business's 50 day moving average price is $921.67 and its two-hundred day moving average price is $945.42.

GE Vernova (NYSE:GEV - Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping analysts' consensus estimates of $4.03 by $0.78. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm had revenue of $12.64 billion during the quarter, compared to analyst estimates of $11.99 billion. During the same period last year, the company posted $1.64 EPS. The business's quarterly revenue was up 26.8% compared to the same quarter last year. On average, equities analysts forecast that GE Vernova will post 16.13 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Alpha Financial Partners LLC increased its position in shares of GE Vernova by 2.0% during the 1st quarter. Alpha Financial Partners LLC now owns 514 shares of the company's stock valued at $449,000 after purchasing an additional 10 shares during the last quarter. Sandy Cove Advisors LLC boosted its holdings in shares of GE Vernova by 2.6% in the second quarter. Sandy Cove Advisors LLC now owns 389 shares of the company's stock worth $457,000 after buying an additional 10 shares during the last quarter. Mirador Capital Partners LP grew its position in GE Vernova by 2.5% during the second quarter. Mirador Capital Partners LP now owns 408 shares of the company's stock valued at $479,000 after buying an additional 10 shares during the period. Elevation Wealth Partners LLC grew its position in GE Vernova by 15.4% during the second quarter. Elevation Wealth Partners LLC now owns 75 shares of the company's stock valued at $88,000 after buying an additional 10 shares during the period. Finally, Byrne Asset Management LLC increased its holdings in GE Vernova by 1.0% during the third quarter. Byrne Asset Management LLC now owns 980 shares of the company's stock valued at $968,000 after buying an additional 10 shares during the last quarter.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: GE Vernova reported a record $197 billion backlog and raised its 2026 revenue guidance, supporting the view that demand for its equipment remains strong. Article: GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week
• Positive Sentiment: The company booked a German order for three onshore wind turbines, along with a 20-year service agreement. The contract adds recurring-service potential and extends an existing customer relationship; financial terms were not disclosed. Article: GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
• Positive Sentiment: GE Vernova was selected for a 6-GW high-voltage direct-current transmission project in India, another large infrastructure opportunity. Article: GE Vernova to Support India’s Energy Transition With 6-GW HVDC Transmission Project
• Negative Sentiment: AI-power shares gave back the previous day’s rally, with GE Vernova among the sector’s weaker performers. Investors remain sensitive to headlines and concerns about data-center power demand and the outlook for related investment. Article: GE Vernova Declines as AI Power Stocks Give Back Monday’s Rally
• Negative Sentiment: A report highlighted Elon Musk’s claim that SoftBank was defaulting on turbine orders. If accurate, this could raise concerns about the reliability of some AI-related demand, though the report does not establish a direct impact on GE Vernova’s orders. Article: Musk Says SoftBank Is Defaulting on Turbine Orders

GE Vernova Company Profile

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century. The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.

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