GE Vernova Inc. (GEV)

NYSE: GEV · IEX Real-Time Price · USD
169.81
+2.29 (1.37%)
At close: Jul 2, 2024, 4:00 PM
170.00
+0.19 (0.11%)
After-hours: Jul 2, 2024, 7:59 PM EDT
1.37%
Market Cap 46.54B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 274.09M
EPS (ttm) n/a
PE Ratio n/a
Forward PE 40.43
Dividend n/a
Ex-Dividend Date n/a
Volume 1,816,952
Open 165.41
Previous Close 167.52
Day's Range 165.41 - 171.98
52-Week Range 119.00 - 185.50
Beta n/a
Analysts Buy
Price Target 174.71 (+2.89%)
Earnings Date Aug 3, 2024

About GEV

GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Americas, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification... [Read more]

Sector Utilities
Founded 2023
Employees 80,000
Stock Exchange NYSE
Ticker Symbol GEV
Full Company Profile

Financial Performance

In 2023, GE Vernova's revenue was $33.24 billion, an increase of 12.09% compared to the previous year's $29.65 billion. Losses were -$438.00 million, -83.99% less than in 2022.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for GEV stock is "Buy." The 12-month stock price forecast is $174.71, which is an increase of 2.89% from the latest price.

Price Target
$174.71
(2.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Jim Cramer reviews 10 stocks leading the S&P 500 in the second quarter

CNBC's Jim Cramer on Friday analyzed stocks that helped the S&P 500 see significant gains this year so far, highlighting the top ten performers during the second quarter. Many of last quarter's winnin...

4 days ago - CNBC

GE Vernova CEO Scott Strazik: We can meet energy demands of AI

GE Vernova CEO Scott Strazik joins CNBC's 'Squawk Box' from the Aspen Ideas Festival to discuss how the company powers AI, wind projects, and more. NBCUniversal News Group is the media partner of the ...

5 days ago - CNBC Television

GE Vernova Stock Gets a Neutral Rating. Electricity Demand Isn't Everything.

Citi analyst Andrew Kaplowitz launched coverage of GE Vernova stock with a Hold rating and $183 price target.

Other symbols: GE
21 days ago - Barrons

GE Vernova Stock Is on Fire. That Could Bode Well for This Peer.

Siemens Energy looks like a lot like GE Vernova, and trades at a big discount.

Other symbols: ENR
4 weeks ago - Barrons

Hightower's Stephanie Link explains why the rally in utilities is just the beginning

Stephanie Link, Hightower Chief Investment Strategist, joins 'Closing Bell Overtime' to talk the utilities sector taking off recently.

Other symbols: ETNPWRXLU
7 weeks ago - CNBC Television

GE Vernova Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Investment Corporation

CAMBRIDGE, Mass--(BUSINESS WIRE)--GE Vernova Inc. (NYSE: GEV) today announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (TRC Capital) to purch...

7 weeks ago - Business Wire

Here are the AI industrial names powering Big Tech

CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.

Other symbols: CATCMIDOVPH
2 months ago - CNBC Television

GE Created $200 Billion in Stock-Market Value by Breaking Into Pieces

Wall Street has hiked the average price target for GE Aerospace stock in the latest stage of upbeat news for longtime investors.

Other symbols: GEGEHC
2 months ago - Barrons

GE Vernova Posts Loss in First Results as Standalone Company

GE Vernova (GEV) on Thursday posted a quarterly loss in its first earnings report since the separation of General Electric into three companies was completed earlier this month.

2 months ago - Investopedia

GE Vernova Stock Falls After Earnings Beat. That Makes Sense.

GE Vernova stock is down after the company reported better-than-expected first-quarter results. The reaction to Thursday's earnings came on Tuesday.

2 months ago - Barrons

General Electric Vernova debuts flat financial results with its first-ever earnings

On April 25th, less than one month after becoming an official company, General Electric Vernova reported its first-ever financial results. Unfortunately, in the quarter, GE Vernova orders of $9.7 bill...

Other symbols: GE
2 months ago - Invezz

GE's stock gains, as combined results of GE Aerospace and GE Vernova rose above forecasts

Shares of GE Aerospace GE, +1.44% gained 0.7% in premarket trading Tuesday, after the maker of jet engines used in commercial and military aircraft, including Boeing Co. BA, +0.39% planes, reported fi...

Other symbols: GE
2 months ago - Market Watch

GE Vernova to Announce First Quarter 2024 Financial Results on April 25

CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova Inc. (NYSE: GEV) is scheduled to announce its first quarter 2024 financial results on Thursday, April 25, 2024, before market open. The company will host ...

2 months ago - Business Wire

A New Buy Rating Pushes Up GE Vernova Stock, Finally

Investors appear to be warming up to the idea that shares of the newly independent company are a Buy.

2 months ago - Barrons

Calls of the Day: Uber, GE Vernova and General Motors

The Investment Committee debate the latest Calls of the Day.

Other symbols: GMUBER
2 months ago - CNBC Television

Trade Tracker: Stephanie Link buys more GE Vernova

Stephanie Link, CIO at Hightower, joins CNBC's 'Halftime Report' to explain why she's buying more GE Vernova.

3 months ago - CNBC Television

Three-Stock Lunch: United Airlines, GE Vernova & Gold

Victoria Greene, G Squared private wealth founding partner, oins ‘Power Lunch' to discuss plays for three stocks including: United Airlines, GE Vernova and Gold.

Other symbols: UALGLD
3 months ago - CNBC Television

GE Vernova Jumps After Getting First Upgrade From JPMorgan Analysts

GE Vernova (GEV) shares jumped in intraday trading Monday after the recently spun-off energy division of conglomerate General Electric received its first upgrade, from JPMorgan (JPM) analysts.

3 months ago - Investopedia

GE Vernova's stock gets its first upgrade after 14% pullback in trading debut

GE Vernova Inc.'s stock soared 6% Monday, after the renewable energy and power company that was spun off from General Electric Co. got an upgrade to the equivalent of buy from JPMorgan.

3 months ago - Market Watch

Cramer's Stop Trading: GE Vernova

CNBC's Jim Cramer explains why he is keeping an eye on shares of GE Vernova.

3 months ago - CNBC Television

GE Vernova Stock Gets Its First Upgrade to Buy

J.P. Morgan analyst Mark Strouse upgraded shares of power-generation firm GE Vernova to Buy from Hold.

Other symbols: GE
3 months ago - Barrons

Why GE Vernova Stock Is Trading Like a Hot IPO.

Vernova shares are up more than 20% over the past week.

Other symbols: GE
3 months ago - Barrons

GE Vernova is perfectly set up for the energy transition, says Jim Cramer

'Mad Money' host Jim Cramer takes a closer look at GE energy spinoff Vernova and his thoughts on the company.

3 months ago - CNBC Television

GE Completes Its Split Into 3 Public Companies as GE Vernova Makes Its Trading Debut

General Electric completed its long-awaited split into three separately traded companies Tuesday, with the company's energy division GE Vernova making its trading debut under the "GEV" ticker.

Other symbols: GEGEHC
3 months ago - Investopedia

Is GE Vernova (GEV) a good spin-off stock to buy?

GE Vernova (NYSE: GE) stock price will be in the spotlight on Tuesday as the company starts trading in New York. This event marks a new phase for General Electric, which was once the biggest company i...

Other symbols: GE
3 months ago - Invezz