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GE Vernova (GEV) Stock Forecast & Price Target

$180.45
+3.75 (+2.12%)
(As of 07/12/2024 ET)

GE Vernova - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$175.25
-2.88% Downside
High Forecast$201.50
Average Forecast$175.25
Low Forecast$147.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
N/A
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
9 Buy rating(s)
8 Buy rating(s)
2 Buy rating(s)
N/A
Hold
5 Hold rating(s)
4 Hold rating(s)
0 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$175.25$169.33$150.50N/A
Forecasted Upside-2.88% Downside10.99% Upside16.92% UpsideN/A
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GEV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GEV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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GE Vernova Stock vs. The Competition

TypeGE VernovaOils/Energy CompaniesS&P 500
Consensus Rating Score
2.73
2.57
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-2.88% Downside303.19% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$172.00 ➝ $196.00+10.65%
7/2/2024Redburn Atlantic
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S. Toyne
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Initiated CoverageNeutral$178.00+6.24%
6/21/2024Daiwa America
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D. Ip
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UpgradeStrong-Buy
6/21/2024Daiwa Capital Markets
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 Initiated CoverageOutperform$201.50+13.73%
6/13/2024Argus
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J. Eade
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Initiated CoverageBuy$190.00+7.03%
6/11/2024Citigroup
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 Initiated CoverageNeutral$183.00+9.80%
6/3/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$176.00 ➝ $186.00+7.39%
5/30/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$160.00 ➝ $180.00+2.16%
5/23/2024Morgan Stanley
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 Initiated CoverageEqual Weight$167.00+1.82%
5/1/2024Mizuho
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 Boost TargetBuy ➝ Buy$154.00 ➝ $164.00+8.06%
4/24/2024Bank of America
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 Initiated CoverageNeutral ➝ Neutral$150.00 ➝ $150.00+1.47%
4/22/2024Melius
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 Initiated CoverageHold$147.00+8.81%
4/18/2024Evercore ISI
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 Initiated CoverageOutperform$174.00+29.18%
4/17/2024BNP Paribas
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 Initiated CoverageOutperform$177.00+30.15%
4/17/2024Raymond James
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 Initiated CoverageOutperform$160.00+17.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:12 PM ET.

GEV Forecast - Frequently Asked Questions

What is GE Vernova's forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for GE Vernova is $175.25, with a high forecast of $201.50 and a low forecast of $147.00.

Should I buy or sell GE Vernova stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GE Vernova in the last twelve months. There are currently 5 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GEV shares.

Does GE Vernova's stock price have much upside?

According to analysts, GE Vernova's stock has a predicted upside of 10.48% based on their 12-month stock forecasts.

Has GE Vernova been upgraded by Wall Street analysts recently?

Over the previous 90 days, GE Vernova's stock had 1 upgrade by analysts.

What analysts cover GE Vernova?
Do Wall Street analysts like GE Vernova more than its competitors?

Analysts like GE Vernova more than other "oils/energy" companies. The consensus rating score for GE Vernova is 2.73 while the average consensus rating score for "oils/energy" companies is 2.57. Learn more on how GEV compares to other companies.


This page (NYSE:GEV) was last updated on 7/13/2024 by MarketBeat.com Staff

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