GE Vernova FY2026 EPS Forecast Raised by Erste Group Bank

GE Vernova Inc. (NYSE:GEV) – Analysts at Erste Group Bank lifted their FY2026 earnings estimates for GE Vernova in a research report issued to clients and investors on Thursday, April 2nd. Erste Group Bank analyst H. Engel now expects that the company will earn $14.90 per share for the year, up from their previous estimate of $14.77. Erste Group Bank has a “Strong-Buy” rating on the stock. The consensus estimate for GE Vernova’s current full-year earnings is $6.59 per share. Erste Group Bank also issued estimates for GE Vernova’s FY2027 earnings at $22.15 EPS.

GE Vernova (NYSE:GEV) last released its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 earnings per share for the quarter, topping the consensus estimate of $2.99 by $10.40. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The firm had revenue of $10.96 billion for the quarter, compared to the consensus estimate of $10.21 billion. During the same quarter in the prior year, the company posted $1.73 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis.

Several other research firms also recently weighed in on GEV. BMO Capital Markets restated an “outperform” rating and set a $785.00 price objective on shares of GE Vernova in a report on Thursday, January 29th. Glj Research upped their price objective on shares of GE Vernova from $758.00 to $1,087.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Wells Fargo & Company upped their price objective on shares of GE Vernova from $831.00 to $896.00 and gave the stock an “overweight” rating in a report on Tuesday, March 31st. Royal Bank Of Canada upped their price objective on shares of GE Vernova from $761.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of GE Vernova in a research note on Wednesday, December 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $863.61.

GE Vernova Trading Up 1.5%

GEV opened at $910.41 on Wednesday. The company’s fifty day moving average price is $832.45 and its two-hundred day moving average price is $695.60. GE Vernova has a 1-year low of $279.57 and a 1-year high of $948.38. The company has a market cap of $245.38 billion, a price-to-earnings ratio of 51.15, a PEG ratio of 3.54 and a beta of 1.43.

Hedge Funds Weigh In On GE Vernova

Institutional investors have recently added to or reduced their stakes in the stock. Jackson Grant Investment Advisers Inc. grew its position in GE Vernova by 344.4% during the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock valued at $25,000 after buying an additional 31 shares during the period. Cornerstone Financial Management LLC bought a new position in GE Vernova during the fourth quarter valued at about $25,000. Wealth Watch Advisors INC bought a new position in GE Vernova during the third quarter valued at about $25,000. Torren Management LLC bought a new position in GE Vernova during the fourth quarter valued at about $26,000. Finally, ORG Wealth Partners LLC grew its position in GE Vernova by 241.7% during the fourth quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock valued at $27,000 after buying an additional 29 shares during the period.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 17th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s dividend payout ratio is presently 11.24%.

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.