GE Vernova (NYSE:GEV) Shares Up 2.6% – Time to Buy?

GE Vernova Inc. (NYSE:GEV)’s stock price was up 2.6% during trading on Wednesday . The company traded as high as $927.49 and last traded at $922.2460. 2,646,812 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 2,726,993 shares. The stock had previously closed at $898.53.

More GE Vernova News

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

• Positive Sentiment: AI-driven power demand supports the growth outlook. Hyperscaler data-center construction is creating electricity shortages and increasing demand for grid equipment, turbines and other power solutions—areas where GE Vernova is positioned to benefit. Forget the Chip Shortage — Anthropic’s Real Constraint Is Electricity
• Positive Sentiment: Gas-turbine demand and backlog growth remain major catalysts. Industry coverage points to sharply higher heavy-duty gas-turbine prices as data centers compete for firm power. Analysts also cite GE Vernova’s expanding backlog and exposure to grid modernization as reasons for its strong year-to-date performance. Gas Turbine Prices Are on Track to Nearly Triple GEV Stock Rises 37.5% YTD
• Positive Sentiment: Potential Venezuela projects add an international option. Reports that GE Vernova could participate in energy-related projects tied to Venezuela’s reopening may provide additional orders, though agreements and execution remain uncertain. Venezuela’s Energy Reopening Could Benefit Chevron and GE Vernova
• Neutral Sentiment: Valuation is dividing investor opinion. Some analysis views the shares as fairly valued based on discounted cash flow, while market multiples suggest possible undervaluation. The debate could limit upside after the stock’s substantial annual gain. GE Vernova Stock Looks Near Fair Value
• Negative Sentiment: Risks include premium valuation, tariffs, supply constraints and weaker wind performance. Commentary notes that GE Vernova’s wind business has declined sharply, while execution and cost pressures could weigh on results. Erste Group also modestly reduced its FY2027 EPS forecast, adding a small estimate-related headwind. I Wouldn’t Sell GE Vernova After Wind Business Fell 40%

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. TD Cowen upped their price objective on GE Vernova from $1,220.00 to $1,235.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Royal Bank Of Canada boosted their target price on GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Morgan Stanley lowered GE Vernova from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. William Blair restated an “outperform” rating on shares of GE Vernova in a research report on Monday, August 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Vernova in a research note on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,133.15.

GE Vernova Stock Up 2.6%

The company has a 50-day simple moving average of $1,024.46 and a 200-day simple moving average of $976.86. The firm has a market cap of $245.63 billion, a PE ratio of 26.40, a price-to-earnings-growth 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) last released its earnings results on Wednesday, July 22nd. The company reported $2.47 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 for the quarter, compared to the consensus estimate of $10.79 billion. During the same period in the prior year, the company posted $1.86 EPS. The company’s quarterly revenue was up 21.9% compared to the same quarter last year. Analysts expect that GE Vernova Inc. will post 15.46 earnings per share for the current fiscal year.

Institutional Trading of GE Vernova

Hedge funds and other institutional investors have recently bought and sold shares of the business. B. Metzler seel. Sohn & Co. AG grew its stake in GE Vernova by 37.7% during the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock worth $27,116,000 after buying an additional 6,313 shares during the last quarter. World Investment Advisors raised its position in shares of GE Vernova by 19.9% in the 4th quarter. World Investment Advisors now owns 13,497 shares of the company’s stock valued at $8,821,000 after purchasing an additional 2,241 shares during the last quarter. RiverFront Investment Group LLC raised its position in shares of GE Vernova by 239.2% in the 4th quarter. RiverFront Investment Group LLC now owns 2,191 shares of the company’s stock valued at $1,432,000 after purchasing an additional 1,545 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new stake in GE Vernova in the 2nd quarter worth approximately $8,337,000. Finally, Morse Asset Management Inc boosted its stake in GE Vernova by 25.8% in the 4th quarter. Morse Asset Management Inc now owns 4,645 shares of the company’s stock worth $3,036,000 after purchasing an additional 952 shares in the last quarter.

About GE Vernova

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.