What is William Blair's Forecast for GE Vernova Q2 Earnings?

Key Points

• William Blair raised GE Vernova's Q2 2026 earnings per share estimate from $3.31 to $3.65, with a current consensus estimate for 2023 at $6.59 per share.
• Despite recent earnings results reporting EPS of $1.64, below the consensus estimate of $1.72, GE Vernova's revenue exceeded expectations at $9.97 billion, an increase of 11.8% year-over-year.
• GE Vernova's stock currently holds an average rating of "Moderate Buy" with a target price of $607.48, reflecting mixed opinions from analysts on its market performance.

GE Vernova Inc. (NYSE:GEV - Free Report) - Research analysts at William Blair raised their Q2 2026 earnings per share (EPS) estimates for shares of GE Vernova in a report issued on Thursday, October 23rd. William Blair analyst J. Dorsheimer now expects that the company will earn $3.65 per share for the quarter, up from their previous forecast of $3.31. The consensus estimate for GE Vernova's current full-year earnings is $6.59 per share. William Blair also issued estimates for GE Vernova's FY2026 earnings at $13.03 EPS.

A number of other equities research analysts have also issued reports on the company. Robert W. Baird increased their price target on GE Vernova from $568.00 to $706.00 and gave the stock an "outperform" rating in a research note on Thursday, July 24th. Rothschild Redb lowered GE Vernova from a "hold" rating to a "strong sell" rating in a research note on Wednesday, October 15th. Rothschild & Co Redburn reiterated a "sell" rating and issued a $475.00 price target on shares of GE Vernova in a research note on Wednesday, October 15th. UBS Group set a $710.00 price target on GE Vernova in a research note on Thursday. Finally, Melius Research set a $740.00 price target on GE Vernova and gave the stock a "buy" rating in a research note on Monday, September 15th. Four equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $607.48.

GE Vernova Stock Performance

Shares of GEV stock opened at $594.45 on Friday. GE Vernova has a 52-week low of $252.25 and a 52-week high of $677.29. The firm has a market capitalization of $161.82 billion, a PE ratio of 96.82, a PEG ratio of 4.17 and a beta of 1.72. The stock has a fifty day simple moving average of $612.04 and a two-hundred day simple moving average of $527.31.

GE Vernova (NYSE:GEV - Get Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.72 by ($0.08). GE Vernova had a return on equity of 17.07% and a net margin of 4.52%.The business had revenue of $9.97 billion during the quarter, compared to analysts' expectations of $9.15 billion. During the same quarter in the previous year, the company posted ($0.35) EPS. The company's quarterly revenue was up 11.8% on a year-over-year basis. GE Vernova has set its FY 2025 guidance at EPS.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. IMA Advisory Services Inc. purchased a new position in shares of GE Vernova during the first quarter valued at about $27,000. WFA Asset Management Corp purchased a new position in GE Vernova in the second quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC grew its position in GE Vernova by 115.2% in the first quarter. Mowery & Schoenfeld Wealth Management LLC now owns 99 shares of the company's stock worth $30,000 after acquiring an additional 53 shares in the last quarter. 1248 Management LLC purchased a new position in GE Vernova in the first quarter worth about $31,000. Finally, Howard Hughes Medical Institute purchased a new position in GE Vernova in the second quarter worth about $31,000.

Insider Buying and Selling at GE Vernova

In other news, CFO Kenneth Scott Parks sold 3,300 shares of the firm's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $620.00, for a total transaction of $2,046,000.00. Following the completion of the transaction, the chief financial officer owned 7,590 shares in the company, valued at $4,705,800. This trade represents a 30.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.15% of the stock is currently owned by insiders.

GE Vernova Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, October 20th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, October 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova's dividend payout ratio (DPR) is presently 24.10%.

About GE Vernova

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.

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