GE Vernova (NYSE:GEV) Stock Price Up 2% - Still a Buy?

Key Points

• GE Vernova shares rose 2% to $940.58, though trading volume was 35% below average and the stock remained below its 50-day and 200-day moving averages.
• The company is benefiting from potential growth in nuclear power, gas turbines and AI data-center infrastructure, including projects in Venezuela and Sweden. However, analysts warn that tariffs, supply-chain issues, premium valuation and execution risks could prevent strong orders from translating into higher margins.
• Wall Street maintains a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $1,133.15. GE Vernova’s latest quarterly revenue rose 21.9% year over year to $11.10 billion, but EPS of $2.47 missed estimates of $3.17.

GE Vernova Inc. (NYSE:GEV - Get Free Report) shares rose 2% during mid-day trading on Thursday . The company traded as high as $948.35 and last traded at $940.58. 1,757,045 shares traded hands during trading, a decline of 35% from the average session volume of 2,720,977 shares. The stock had previously closed at $921.94.

More GE Vernova News

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

• Positive Sentiment: GE Vernova reportedly reached an agreement to help repair and modernize Venezuela’s deteriorated power grid. The project could provide additional services and equipment revenue while expanding the company’s presence in a strategically important energy market. GE Vernova jumps on deal to help repair Venezuela's dilapidated grid
• Positive Sentiment: Studsvik, GE Vernova Hitachi and Samsung C&T are advancing a Swedish nuclear-power project. The collaboration reinforces GE Vernova’s exposure to the nuclear buildout, an area benefiting from rising demand for reliable, low-carbon electricity. Studsvik, GE Vernova Hitachi, Samsung C&T to advance Swedish nuclear power project
• Positive Sentiment: Articles highlighted GE Vernova as a potential beneficiary of multiyear nuclear contracts signed by Microsoft and Meta, as well as sharply rising demand for gas turbines and electricity infrastructure needed by AI data centers. These trends could expand the company’s backlog and long-term growth opportunity. Microsoft and Meta Signed Multi-Decade Nuclear Power Deals Gas Turbine Prices Are on Track to Nearly Triple
• Neutral Sentiment: A bullish long-term outlook argues GE Vernova could become substantially larger and more profitable over the next decade, while noting that execution will determine whether its large order book translates into shareholder returns. Where Will GE Vernova Be in 10 Years?
• Negative Sentiment: Erste Group Bank lowered its fiscal-2027 EPS forecast, adding pressure to expectations for future profitability. GE Vernova FY2027 EPS Forecast Decreased by Erste Group Bank
• Negative Sentiment: Analysts questioned whether GE Vernova can convert its strong orders into higher margins. Tariffs, supply-chain risks and the stock’s premium valuation could limit upside if execution or profitability disappoints. GE Vernova Has The Orders But Can It Deliver The Margins

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on GEV shares. William Blair reaffirmed an "outperform" rating on shares of GE Vernova in a research note on Monday, August 3rd. Weiss Ratings reiterated a "buy (b)" rating on shares of GE Vernova in a report on Tuesday, July 21st. Mizuho boosted their target price on GE Vernova from $913.00 to $949.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. JPMorgan Chase & Co. upped their target price on GE Vernova from $1,302.00 to $1,330.00 and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Finally, Oppenheimer boosted their price target on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, GE Vernova has an average rating of "Moderate Buy" and an average target price of $1,133.15.

GE Vernova Trading Up 2.0%

The business has a 50-day simple moving average of $1,021.80 and a two-hundred day simple moving average of $977.61. The stock has a market cap of $250.50 billion, a price-to-earnings ratio of 26.92, a P/E/G ratio of 4.15 and a beta of 1.15. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62.

GE Vernova (NYSE:GEV - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. During the same period in the previous year, the business earned $1.86 earnings per share. The business's quarterly revenue was up 21.9% on a year-over-year basis. Equities analysts forecast that GE Vernova Inc. will post 15.46 EPS for the current fiscal year.

Hedge Funds Weigh In On GE Vernova

Several large investors have recently bought and sold shares of the company. Onyx Bridge Wealth Group LLC lifted its holdings in GE Vernova by 1.3% in the first quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company's stock valued at $635,000 after buying an additional 9 shares during the period. Red Door Wealth Management LLC raised its holdings in GE Vernova by 0.6% during the first quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company's stock worth $1,548,000 after buying an additional 10 shares during the last quarter. Advance Capital Management Inc. boosted its stake in GE Vernova by 2.2% during the 1st quarter. Advance Capital Management Inc. now owns 461 shares of the company's stock valued at $402,000 after purchasing an additional 10 shares during the last quarter. Alpha Financial Partners LLC boosted its position in shares of GE Vernova by 2.0% during the first quarter. Alpha Financial Partners LLC now owns 514 shares of the company's stock valued at $449,000 after buying an additional 10 shares during the last quarter. Finally, Sandy Cove Advisors LLC boosted its holdings in GE Vernova by 2.6% during the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company's stock worth $457,000 after acquiring an additional 10 shares during the last quarter.

GE Vernova Company Profile

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.

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