GE Vernova (GEV)

• Market cap: $109B
• 1 day: 1.34%
• 5 days: 1.85%
• 1 month: 22.17%
• 3 months: 3.70%
• 6 months: 14.26%
• Year to date: 17.80%
• 1 year: 139.94%
• 5 years: 181.13%
• 10 years: 181.13%
• Sector: Industrials
• Industry: Specialty Industrial Machinery

About: GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.

Employees: 75,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

306% more first-time investments, than exits

New positions opened: 390 | Existing positions closed: 96

34% more funds holding in top 10

Funds holding in top 10: 38 [Q3] → 51 (+13) [Q4]

32% more capital invested

Capital invested by funds: $54.4B [Q3] → $71.9B (+$17.5B) [Q4]

24% more call options, than puts

Call options by funds: $1.56B | Put options by funds: $1.26B

16% more funds holding

Funds holding: 1,592 [Q3] → 1,852 (+260) [Q4]

11% more repeat investments, than reductions

Existing positions increased: 625 | Existing positions reduced: 564

0.04% more ownership

Funds ownership: 78.11% [Q3] → 78.15% (+0.04%) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $354 11% downside
• Avg. target: $409 2% upside
• High target: $445 11% upside

10 analyst ratings

• positive: 9 90%
• neutral: 1 10%
• negative: 0 0%

Guggenheim Joseph Osha 45% 1-year accuracy 22 / 49 met price target	5% downside $380	Buy Reiterated	24 Apr 2025
Morgan Stanley Andrew Percoco 47% 1-year accuracy 7 / 15 met price target	6% upside $422	Overweight Maintained	24 Apr 2025
Susquehanna Charles Minervino 49% 1-year accuracy 32 / 65 met price target	0% downside $399	Positive Maintained	24 Apr 2025
Baird Ben Kallo 50% 1-year accuracy 18 / 36 met price target	1% upside $405	Outperform Maintained	24 Apr 2025
Citigroup Andrew Kaplowitz 56% 1-year accuracy 50 / 90 met price target	11% downside $354	Neutral Maintained	14 Apr 2025