GEV icon

GE Vernova

377.97 USD
+3.14
0.84%
At close Feb 7, 4:00 PM EST
After hours
377.00
-0.97
0.26%
1 day
0.84%
5 days
7.89%
1 month
2.56%
3 months
12.23%
6 months
127.60%
Year to date
11.52%
1 year
187.98%
5 years
187.98%
10 years
187.98%
 

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

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 15 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

144% more first-time investments, than exits

New positions opened: 298 | Existing positions closed: 122

95% more call options, than puts

Call options by funds: $1.58B | Put options by funds: $811M

41% more capital invested

Capital invested by funds: $38.8B [Q2] → $54.9B (+$16.1B) [Q3]

27% more funds holding in top 10

Funds holding in top 10: 30 [Q2] → 38 (+8) [Q3]

11% more funds holding

Funds holding: 1,428 [Q2] → 1,586 (+158) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 531 | Existing positions reduced: 520

3.85% less ownership

Funds ownership: 82.7% [Q2] → 78.84% (-3.85%) [Q3]

Research analyst outlook

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

Low target
$367
3%
downside
Avg. target
$429
14%
upside
High target
$500
32%
upside

15 analyst ratings

13 positive
87%
neutral
13%
negative
0%
Johnson Rice
Martin Malloy
100% 1-year accuracy
1 / 1 met price target
12%upside
$425
Buy
Initiated
7 Feb 2025
RBC Capital
Christopher Dendrinos
79% 1-year accuracy
11 / 14 met price target
20%upside
$453
Outperform
Reiterated
28 Jan 2025
Guggenheim
Joseph Osha
45% 1-year accuracy
17 / 38 met price target
1%upside
$380
Neutral
Downgraded
24 Jan 2025
Goldman Sachs
Joe Ritchie
57% 1-year accuracy
16 / 28 met price target
32%upside
$500
Buy
Maintained
24 Jan 2025
Truist Securities
Jordan Levy
28% 1-year accuracy
11 / 40 met price target
24%upside
$470
Buy
Maintained
23 Jan 2025

Financial journalist opinion

Based on 40 articles about GEV published over the past 30 days

Positive
The Motley Fool
3 days ago
Here's Why GE Vernova Stock Soared in January
It's only February, but GE Vernova's (GEV 1.75%) stock has already had an exciting year. The share rose by 13.4% in January, according to S&P Global Market Intelligence data, but sold off at the end of the month due to the emergence of new artificial intelligence (AI) models from Chinese start-up DeepSeek.
Here's Why GE Vernova Stock Soared in January
Neutral
Zacks Investment Research
3 days ago
GE Vernova Set to Invest $600M in US: Should You Buy the Stock or Let Go?
Investors interested in GEV should wait for a better entry point, considering its premium valuation and a downward revision in its near-term earnings estimate.
GE Vernova Set to Invest $600M in US: Should You Buy the Stock or Let Go?
Neutral
The Motley Fool
1 week ago
Here's Why Shares in GE Vernova Slumped This Week
Shares in GE Vernova (GEV 8.40%), a gas power, wind turbine, and electrification technology company, were down almost 9% this week, as of Friday morning. The move follows the release of Chinese start-up DeepSeek's latest artificial intelligence (AI) model.
Here's Why Shares in GE Vernova Slumped This Week
Positive
Zacks Investment Research
1 week ago
CWENA vs. GEV: Which Stock Should Value Investors Buy Now?
Investors interested in Alternative Energy - Other stocks are likely familiar with Clearway Energy (CWENA) and GE Vernova (GEV). But which of these two stocks offers value investors a better bang for their buck right now?
CWENA vs. GEV: Which Stock Should Value Investors Buy Now?
Positive
Benzinga
1 week ago
Chevron, GE Vernova Bet Big On AI Power: Data Centers To Consume Enough Natural Gas To Power 3.5 Million Homes
The AI boom has sparked a power race, and Chevron Corp CVX, GE Vernova Inc GEV, and investment firm Engine No. 1 want in.
Chevron, GE Vernova Bet Big On AI Power: Data Centers To Consume Enough Natural Gas To Power 3.5 Million Homes
Neutral
Business Wire
1 week ago
GE Vernova to Invest Almost $600 Million in U.S. Factories and Facilities Over Next Two Years
CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova Inc. (NYSE:GEV), America's leading energy manufacturing company, is planning to invest nearly $600 million in its U.S. factories and facilities over the next two years to help meet the surging electricity demands around the world. The new investments – expected to create approximately 1,500 new U.S. jobs – will help drive U.S. energy affordability, national security, and competitiveness, and enable the American manufacturing footprint needed to supp.
GE Vernova to Invest Almost $600 Million in U.S. Factories and Facilities Over Next Two Years
Positive
Fox Business
1 week ago
Chevron, Engine No. 1, GE Vernova team up to build US data centers
Chevron U.S.A. announced Tuesday a partnership with Engine No.
Chevron, Engine No. 1, GE Vernova team up to build US data centers
Neutral
Yahoo Finance
1 week ago
Why China's DeepSeek cast 'uncertainty' on utility stocks
Utility stocks (XLU) are rebounding Tuesday morning following yesterday's market downturn triggered by Chinese artificial intelligence (AI) startup DeepSeek. Jefferies managing director of US power, utilities, and clean energy research Paul Zimbardo joins Morning Brief to analyze the sector's outlook.
Why China's DeepSeek cast 'uncertainty' on utility stocks
Neutral
Market Watch
1 week ago
Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China's DeepSeek may upend that play.
Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
Positive
CNBC Television
1 week ago
Chevron CEO on new partnership with Engine No. 1 and GE Vernova to power AI data centers
Chevron chairman and CEO Mike Wirth and GE Vernova CEO Scott Strazik join ‘Squawk on the Street' to discuss the new partnership alongside Engine No. 1 to power AI data centers and address the rising data center and hyperscaler energy demand needs, oil and energy production outlook under the new Trump administration, and more.
Chevron CEO on new partnership with Engine No. 1 and GE Vernova to power AI data centers
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