GE Vernova Inc. (GEV)
| Market Cap | 94.49B |
| Revenue (ttm) | 34.42B |
| Net Income (ttm) | 1.27B |
| Shares Out | 275.65M |
| EPS (ttm) | 4.59 |
| PE Ratio | 74.68 |
| Forward PE | 53.32 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,244,734 |
| Open | 343.75 |
| Previous Close | 340.00 |
| Day's Range | 338.00 - 348.00 |
| 52-Week Range | 119.00 - 349.79 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 283.32 (-17.34%) |
| Earnings Date | Nov 26, 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]
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 StatementsAnalyst Forecast
According to 22 analysts, the average rating for GEV stock is "Buy." The 12-month stock price forecast is $283.32, which is a decrease of -17.34% from the latest price.
News
Cramer's Mad Dash: GE Vernova
CNBC's Jim Cramer joins 'Squawk on the Street' to discuss why he's keeping an eye on shares of GE Vernova.
GEV: Room For Multiple Expansion
GE Vernova has doubled since its GE split, driven by electric energy demand and a turnaround plan to boost EBITDA margins from 2% to 13% by 2027. The company's turnaround involves better pricing and p...
Trump's Win Is Crushing Renewable-Energy Stocks. Why One Is Gaining.
GE Vernova stock benefits from green-energy trends that could take a hit in a second Trump presidency. Investors don't look worried, though.
Jim Cramer talks which stocks could be post-election winners
'Mad Money' host Jim Cramer looks at which stocks could benefit in the aftermath of the election.
Jim Cramer lists 10 stocks that could do well under Harris or Trump
CNBC's Jim Cramer on Election Day identified stocks that could perform well with either Vice President Kamala Harris or former President Donald Trump in the White House. Cramer's stock picks include W...
GE Vernova Gains Investor Confidence With Strong Revenue Outlook And Path To Higher Margins, Say Analysts
GE Vernova Inc. GEV shares are trading higher after several analysts raised the price targets on the stock following third-quarter earnings reported on Wednesday.
These Analysts Increase Their Forecasts On GE Vernova Following Q3 Results
GE Vernova Inc. GEV reported upbeat sales for the third quarter on Wednesday.
GE Vernova Inc. (GEV) Q3 2024 Earnings Call Transcript
GE Vernova Inc. (NYSE:GEV) Q3 2024 Earnings Conference Call October 23, 2024 7:30 AM ET Company Participants Michael Lapides - Vice President of Investor Relations Scott Strazik - Chief Executive Off...
GE Vernova Stock Falls on Surprise Loss
GE Vernova (GEV) shares fell Wednesday morning after the energy company reported an unexpected loss, its second time in three quarters as a standalone company that it has posted an unprofitable period...
GE Vernova posts higher Q3 revenue on power demand growth
Power equipment maker GE Vernova reported higher third-quarter revenue on Wednesday as strong demand for power and electrification equipment and services helped offset weakness in the wind business.
The Big 3: CTAS, SYF, GEV
Industrials and financials take the focus in today's Big 3 as both industries release a slew of earnings reports. Dan Deming joins Rick Ducat and Nicole Petallides to break down the technical trends i...
GE Vernova Vs. GE Healthcare: Betting On Power Or Medical Tech To Lead AI-Powered Future?
Two of GE's high-profile spin-offs, GE Vernova Inc GEV and GE Healthcare Technologies Inc GEHC, are preparing to report their third-quarter earnings, but one seems better positioned for the AI-powered...
GE HealthCare unveils new AI tools, but GE Vernova stock offers stronger growth potential
GE Healthcare Technologies Inc (NASDAQ: GEHC) is in the spotlight today after unveiling new AI tools designed for oncologists. The medical technology company has launched a solution called CareIntelle...
Deutsche Bank: GE Vernova to surge 30%
Nicole Deblase, Deutsche Bank research analyst, joins 'Money Movers' to discuss the firm's thoughts on GE Vernova.
This GE Vernova Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
GE Vernova Stock Can Rise 30%, Says a New Bull
Deutsche Bank analyst Nicole DeBlase launched coverage of GE Vernova stock with a Buy rating and a $354 price target.
What You Need To Know Ahead of GE Vernova's Earnings Wednesday
GE Vernova (GEV) is scheduled to release earnings Wednesday morning, its third report since completing the split of General Electric into three standalone companies.
Solar energy faces stiff competition from nuclear providers
RBC Capital Markets downgraded solar energy company Enphase Energy (ENPH) to a Sector Perform rating as Big Tech inks more deals with nuclear energy developers to power their AI data centers. Most not...
Full Steam Ahead: GE Vernova Inc. Skyrockets Forward
GE Vernova, spun off from GE, has shown impressive growth, rising 77.9% YTD, outperforming peers and the S&P 500 Index. CEO Scott Strazik's leadership and strategic focus on Power and Gas segments are...
GE Vernova stock is firing on all cylinders: analysts see an 8% retreat
GE Vernova (GEV) stock price has gone vertical, soaring to a record high of $265. It has jumped by over 135% from its lowest point on record, bringing its market cap to over $72 billion, making it one...
Vanguard Group Inc's Strategic Acquisition in GE Vernova Inc
On September 30, 2024, Vanguard Group Inc, a prominent investment firm, expanded its portfolio by acquiring an additional 601,784 shares of GE Vernova Inc (GEV, Financial), a leader in the electric po...
Stocks on the Move: Vistra, GE Vernova, Exxon and Apollo
The Investment Committee discuss some stocks on the move and how to trade them.
GE Vernova Stock Is Slipping. A Bull Has Left the ‘Crowded Trade.
Raymond James analyst downgraded shares of GE Vernova to Hold from Buy, and removed his $190 price target.
Jim Cramer analyzes the top performers of Q3
'Mad Money' host Jim Cramer looks back at the third quarter's top performers.
Cramer reviews the S&P 500's top ten performers during the third quarter
On Tuesday, CNBC's Jim Cramer told investors to remember the market's solid performance over the past quarter, suggesting things have broadened considerably beyond Big Tech. He reviewed the top perfor...