GE Vernova (NYSE:GEV) Stock Price Down 1% – Should You Sell?

GE Vernova Inc. (NYSE:GEV)’s share price fell 1% during trading on Thursday . The company traded as low as $645.26 and last traded at $661.01. 2,829,795 shares were traded during mid-day trading, a decline of 8% from the average session volume of 3,081,850 shares. The stock had previously closed at $667.89.

GE Vernova News Roundup

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

• Positive Sentiment: J.P. Morgan reiterated a Buy on GEV, which supports demand from institutional investors and can help underpin the stock. J.P. Morgan Remains a Buy on GE Vernova Inc. (GEV)
• Positive Sentiment: Zacks highlights GEV’s progress on small modular reactors and steadier fundamentals versus peers, arguing SMR execution and a diversified energy portfolio give GE Vernova an edge for longer-term growth. SMR vs. GEV: Which Small Modular Reactor Stock is a Better Pick?
• Positive Sentiment: CEO Scott Strazik said at Davos that the AI boom is shifting GEV’s customer mix toward high-demand compute and data-center projects, which could lift equipment and service revenue over time. AI Boom Changing GE Vernova’s Customer Mix, CEO Says
• Neutral Sentiment: GE Vernova named Eric Gray CEO of its Power segment after Mavi Zingoni’s resignation — an operational leadership change to monitor for execution continuity but not an immediate directional signal. GE Vernova Names Eric Gray CEO of Power Segment
• Neutral Sentiment: Elevated investor interest and searches around GEV may increase short-term volatility; attention alone doesn’t indicate direction but signals potential higher volume around upcoming catalysts. Investors Heavily Search GE Vernova Inc. (GEV): Here is What You Need to Know
• Neutral Sentiment: GE Vernova is expected to report quarterly earnings soon — this is the next near-term catalyst that could move the stock depending on guidance and margin trends. GE Vernova (GEV) Expected to Announce Quarterly Earnings on Wednesday
• Negative Sentiment: Press coverage notes the stock recently underperformed and “sank” as markets gained, reflecting profit-taking after a rally and sensitivity to valuation — GEV trades at a high P/E which raises expectations for strong execution. GE Vernova Inc. stock falls Wednesday, underperforms market GE Vernova (GEV) stock sinks as market gains: What you should know

Analysts Set New Price Targets

Several brokerages have issued reports on GEV. UBS Group raised their price objective on shares of GE Vernova from $760.00 to $835.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. William Blair reissued an “outperform” rating on shares of GE Vernova in a report on Wednesday, December 10th. Oppenheimer raised GE Vernova from a “market perform” rating to an “outperform” rating and set a $855.00 price objective for the company in a research note on Wednesday, December 10th. BMO Capital Markets increased their price objective on GE Vernova from $710.00 to $780.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 10th. Finally, Susquehanna lifted their target price on GE Vernova from $750.00 to $775.00 and gave the company a “positive” rating in a research note on Wednesday, December 10th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Vernova presently has a consensus rating of “Moderate Buy” and a consensus price target of $701.62.

GE Vernova Trading Down 1.0%

The business has a 50 day moving average price of $635.53 and a 200-day moving average price of $615.43. The firm has a market capitalization of $179.35 billion, a PE ratio of 107.66, a P/E/G ratio of 2.87 and a beta of 1.67.

GE Vernova (NYSE:GEV) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.64 earnings per share 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 for the quarter, compared to analyst estimates of $9.15 billion. During the same period in the prior year, the company earned ($0.35) EPS. The company’s revenue was up 11.8% on a year-over-year basis. On average, equities research analysts forecast that GE Vernova Inc. will post 6.59 earnings per share for the current year.

GE Vernova Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 5th will be issued a $0.50 dividend. The ex-dividend date is Monday, January 5th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from GE Vernova’s previous quarterly dividend of $0.25. GE Vernova’s payout ratio is 32.57%.

Institutional Trading of GE Vernova

A number of institutional investors have recently added to or reduced their stakes in GEV. HHM Wealth Advisors LLC increased its holdings in GE Vernova by 2.4% in the fourth quarter. HHM Wealth Advisors LLC now owns 931 shares of the company’s stock valued at $608,000 after buying an additional 22 shares in the last quarter. Venturi Wealth Management LLC increased its stake in GE Vernova by 4.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,459 shares of the company’s stock valued at $953,000 after purchasing an additional 57 shares in the last quarter. Apollon Financial LLC purchased a new position in GE Vernova in the 4th quarter valued at approximately $322,000. Premier Path Wealth Partners LLC raised its holdings in GE Vernova by 8.1% during the fourth quarter. Premier Path Wealth Partners LLC now owns 1,904 shares of the company’s stock worth $1,245,000 after purchasing an additional 143 shares during the last quarter. Finally, Bar Harbor Wealth Management boosted its position in GE Vernova by 16.0% during the fourth quarter. Bar Harbor Wealth Management now owns 785 shares of the company’s stock worth $513,000 after purchasing an additional 108 shares in 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.