GE Vernova Inc. (GEV)

NYSE: GEV · Real-Time Price · USD
327.88
-31.80 (-8.84%)
At close: Feb 21, 2025, 4:00 PM
328.15
+0.27 (0.08%)
After-hours: Feb 21, 2025, 7:58 PM EST
-8.84%
Market Cap 90.46B
Revenue (ttm) 34.94B
Net Income (ttm) 1.55B
Shares Out 275.90M
EPS (ttm) 5.58
PE Ratio 58.76
Forward PE 53.70
Dividend $0.25 (0.08%)
Ex-Dividend Date Dec 20, 2024
Volume 6,957,359
Open 357.60
Previous Close 359.68
Day's Range 325.42 - 359.93
52-Week Range 119.00 - 447.50
Beta n/a
Analysts Buy
Price Target 373.13 (+13.8%)
Earnings Date Apr 3, 2025

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 76,800
Stock Exchange NYSE
Ticker Symbol GEV
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for GEV stock is "Buy." The 12-month stock price forecast is $373.13, which is an increase of 13.80% from the latest price.

Price Target
$373.13
(13.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GE Vernova Stock Gets Buy Rating. Why Electricity Is 'Cool' Again.

Baird analyst Ben Kallo launched coverage of the shares with a $448 price target.

8 days ago - Barrons

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.

Other symbols: CVX
23 days ago - Benzinga

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 n...

23 days ago - Business Wire

Chevron, Engine No. 1, GE Vernova team up to build US data centers

Chevron U.S.A. announced Tuesday a partnership with Engine No.

Other symbols: CVX
23 days ago - Fox Business

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, u...

Other symbols: CEGTLNVSTXLU
24 days ago - Yahoo Finance

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.

Other symbols: CVX
24 days ago - Market Watch

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 d...

Other symbols: CVX
24 days ago - CNBC Television

Chevron, Engine No. 1 and GE Vernova team up on powering US data centers, with AI in focus

Energy company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand f...

Other symbols: CVX
24 days ago - TechXplore

Chevron, GE Vernova and Engine No. 1 partner 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 d...

Other symbols: CVX
24 days ago - CNBC Television

Chevron partners with Engine No. 1, GE Vernova to power US data centers

Energy major Chevron said on Tuesday it has signed an agreement with investment firm Engine No. 1 and GE Vernova to build natural gas-based power plants to run co-located data centers in the U.S.

Other symbols: CVX
24 days ago - Reuters

Chevron and GE Vernova Announce Partnership to Power Data Centers

Chevron and GE Vernova will team up with activist firm Engine No. 1 to provide natural gas solutions.

Other symbols: CVX
24 days ago - Barrons

Engine No. 1, Chevron, and GE Vernova to Power U.S. Data Centers

NEW YORK & HOUSTON--(BUSINESS WIRE)--Engine No. 1 and Chevron U.S.A. Inc. (NYSE: CVX) announced today the formation of a partnership to build a new company to develop scalable, reliable power solution...

Other symbols: CVX
24 days ago - Business Wire

Tech and utilities lead stocks lower amid market sell-off

CNBC's Brian Sullivan joins 'Power Lunch' to discuss how energy stocks are moving on the market sell-off.

Other symbols: AVGOCEGDTMETKMILBNEE
25 days ago - CNBC Television

Energy stocks hit by AI sell-off following launch of DeepSeek's efficient AI model

CNBC's Pippa Stevens reports on news around energy stocks.

Other symbols: CEGOKLOVST
25 days ago - CNBC Television

Constellation Energy, Vertiv, GE Vernova Tumble. Why AI Energy and Infrastructure Stocks Are Sliding.

DeepSeek, a Chinese start-up, raises questions about the growth of AI's demand for power.

Other symbols: CEGGEVRT
25 days ago - Barrons

GE Vernova Has Major Megatrends Taking Place

GE Vernova has the ability to realize significant growth and margin expansion, driven by strong power demand for lighting up data centers. Oracle & Softbank recently announced a $500b venture for deve...

4 weeks ago - Seeking Alpha

GE Vernova (GEV) stock downgraded: what does the analyst rating mean?

GE Vernova (GEV), a leading power-generation technology company spun off from GE Aerospace in April 2024, has been on a remarkable run, with shares surging over 200% since its debut.

4 weeks ago - Invezz

GE Vernova: A Generational Energy Investment Opportunity

I rate GE Vernova a buy, driven by surging power demand from data centers, AI adoption, and electrification, positioning GEV to benefit from energy infrastructure investments. GEV's 4Q24 earnings were...

Other symbols: GE
4 weeks ago - Seeking Alpha

GE Vernova's Q4 Was Not Perfect, But Analyst Bumps Up Price Forecast On Continued Orders Strength

BofA Securities analyst Andrew Obin raised the price target of GE Vernova Inc. GEV to $485 from $415 while reiterating the Buy rating.

4 weeks ago - Benzinga

GE Vernova Analysts Boost Their Forecasts After Strong Q4 Results

GE Vernova Inc. GEV reported worse-than-expected fourth-quarter EPS and revenue on Wednesday.

Other symbols: GE
4 weeks ago - Benzinga

These SPY ETF stocks are driving S&P 500 gains in 2025

The SPDR S&P 500 ETF has bounced back this week and surged to a new record high. SPY and other S&P 500 funds like VOO and IVV have risen in the last three straight days.

Other symbols: CEGMUTPLVSTWBA
4 weeks ago - Invezz

GE Vernova misses Q4 revenue estimates

GE Vernova (GEV) reaffirmed its 2025 outlook despite missing fourth quarter revenue expectations. Chris Dendrinos, RBC Capital Markets Analyst, joins Catalysts to discuss GE Vernova's results.

4 weeks ago - Yahoo Finance

GE Vernova working with all three companies tied to Stargate investment

CNBC's Seema Mody reports on the latest news regarding GE Vernova.

4 weeks ago - CNBC Television

GE Vernova Stock Opens at All-Time High as Energy Company Affirms Outlook

GE Vernova (GEV) shares opened at a new record high Wednesday even though the energy company reporting worse-than-expected fourth-quarter results.

4 weeks ago - Investopedia

Why GE Vernova Stock Is Higher After Its Earnings Miss

GE Vernova stock is trading up on Wednesday even after the power company came up short of estimates for its fourth quarter. Here's what investors need to know.

4 weeks ago - Kiplinger