Zacks Research Downgrades GE Vernova (NYSE:GEV) to Hold

GE Vernova (NYSE:GEV) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Several other research firms have also issued reports on GEV. China Renaissance upgraded shares of GE Vernova to a “strong-buy” rating in a research report on Thursday, January 29th. Argus set a $1,300.00 price objective on GE Vernova in a research note on Monday. Jefferies Financial Group boosted their target price on GE Vernova from $965.00 to $1,350.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. The Goldman Sachs Group reiterated a “buy” rating and issued a $1,328.00 price target on shares of GE Vernova in a research report on Friday, April 24th. Finally, Robert W. Baird boosted their price objective on GE Vernova from $1,008.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,090.76.

GE Vernova Stock Performance

Shares of NYSE GEV traded up $24.90 during midday trading on Tuesday, hitting $1,088.01. 1,495,541 shares of the company’s stock were exchanged, compared to its average volume of 2,785,991. GE Vernova has a twelve month low of $378.47 and a twelve month high of $1,181.95. The firm has a market cap of $292.37 billion, a P/E ratio of 31.67, a PEG ratio of 4.25 and a beta of 1.43. The stock’s 50 day moving average price is $914.38 and its 200-day moving average price is $741.83. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.89 and a quick ratio of 0.65.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, April 22nd. The company reported $17.44 EPS for the quarter, beating the consensus estimate of $1.95 by $15.49. The firm had revenue of $9.34 billion for the quarter, compared to analysts’ expectations of $9.19 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. GE Vernova’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. Equities research analysts anticipate that GE Vernova will post 14.66 EPS for the current year.

Institutional Trading of GE Vernova

Several large investors have recently modified their holdings of GEV. Brighton Jones LLC lifted its holdings in shares of GE Vernova by 29.4% during the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock worth $1,091,000 after buying an additional 753 shares during the last quarter. Schnieders Capital Management LLC. increased its position in GE Vernova by 1.7% during the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock worth $828,000 after acquiring an additional 26 shares during the period. Jump Financial LLC bought a new position in GE Vernova during the second quarter worth $258,000. Ossiam acquired a new position in GE Vernova during the 2nd quarter valued at $42,000. Finally, Nebula Research & Development LLC boosted its holdings in GE Vernova by 23.9% in the 2nd quarter. Nebula Research & Development LLC now owns 1,674 shares of the company’s stock valued at $886,000 after purchasing an additional 323 shares during the period.

Key Stories Impacting GE Vernova

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

• Positive Sentiment: Erste Group raised its FY2027 EPS estimate sharply (to $24.02 from $22.15) and maintains a Strong-Buy, signaling better-than-expected forward earnings power. Erste Group Research Note
• Positive Sentiment: Argus lifted its price target from $800 to $1,300 and reiterated a Buy, supporting upside expectations tied to electrification and decarbonization demand. Argus Coverage
• Positive Sentiment: New contract wins—most notably a major Egypt power-plant modernization deal—underscore backlog and international growth opportunities for GE Vernova’s generation and grid business. Egypt Contract Article
• Positive Sentiment: Market narrative around AI-driven demand for high-efficiency gas turbines helped GE Vernova surpass GE Aerospace in market cap—an attention-grabbing milestone that reflects investor enthusiasm for turbine/order momentum. Fool Coverage
• Neutral Sentiment: Inclusion in portfolio write-ups and hedge-fund top-holdings lists (e.g., Philippe Laffont) increases visibility and flows but is secondary to fundamentals. InsiderMonkey Note
• Neutral Sentiment: Sector/ETF coverage pieces (iShares U.S. Power Infrastructure ETF) mention the space broadly; these are background context rather than direct stock drivers. ETF Article
• Negative Sentiment: Zacks downgraded GEV from Strong-Buy to Hold, which can weigh on momentum as some traders lock in gains. Zacks Downgrade
• Negative Sentiment: BNP Paribas also downgraded the stock earlier this week; coupled with profit-taking headlines, these analyst moves triggered short-term selling at times despite strong fundamentals. BNP Paribas Downgrade

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.