GE Vernova Inc. (GEV)
| Market Cap | 94.46B |
| Revenue (ttm) | 34.42B |
| Net Income (ttm) | 1.27B |
| Shares Out | 275.65M |
| EPS (ttm) | 4.59 |
| PE Ratio | 74.65 |
| Forward PE | 54.13 |
| Dividend | $1.00 (0.29%) |
| Ex-Dividend Date | Dec 20, 2024 |
| Volume | 2,774,497 |
| Open | 328.13 |
| Previous Close | 332.55 |
| Day's Range | 327.15 - 345.64 |
| 52-Week Range | 119.00 - 357.09 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 332.00 (-3.11%) |
| Earnings Date | Dec 31, 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 24 analysts, the average rating for GEV stock is "Buy." The 12-month stock price forecast is $332.0, which is a decrease of -3.11% from the latest price.
News
CEG, VST & GEV Key Nuclear Trades to Power A.I.
Eli Horton says his firm is investing in "large, structural themes." One of the biggest he's watching is the nuclear power.
GE Vernova: Valued Like The Magnificent 7, Delivering Like An Industrial
GE Vernova's valuation is excessively high, trading at ~3x revenue, despite modest revenue growth and low profit margins, making it overvalued compared to peers. The wind turbine segment struggles wit...
Watch These GE Vernova Price Levels as Stock Jumps After Investor Update
GE Vernova (GEV) shares jumped on Wednesday, one day after the energy equipment maker raised its long-term sales outlook.
GE Vernova CEO Scott Strazik on electricity demand: We're very well positioned to serve this market
GE Vernova CEO Scott Strazik joins 'Squawk on the Street' to discuss the surge in company stock since its spin-off from General Electric, state of the electricity market, demand outlook, data centers ...
GE Vernova Projects Growth But Notes Challenges In Wind Segment
On Tuesday, GE Vernova GEV hosted its 2024 Investor Update event to present its multi-year financial outlook and frame its capital allocation strategy.
GE Vernova declares $0.25 per share quarterly dividend and initial $6 billion share buyback
NEW YORK--(BUSINESS WIRE)--GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend and approved an initial $6 billion share repurchase auth...
GE Vernova raises multi-year financial outlook, initiates dividend and authorizes buyback
NEW YORK--(BUSINESS WIRE)--GE Vernova (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition, today hosts its 2024 Investor Update event to present its multi-year...
Technip Energies and GE Vernova awarded a major contract for the Net Zero Teesside Power project, which aims to be the world's first gas-fired power station with carbon capture and storage
Technip Energies (PARIS:TE), leader of a consortium with GE Vernova and construction partner Balfour Beatty – with the support of technology partner Shell Catalysts & Technologies – received Notice to...
GE Vernova Will Talk Growth Tuesday. Could a Dividend Be Next?
GE Vernova hosts an analyst event Tuesday evening. One holiday gift to investors could be a dividend.
4 Energy Stocks to Buy for 2025
Energy independence has always been crucial to national security, and that has become even more highlighted in the wake of Russia's invasion of Ukraine and the ongoing fighting in the Middle East.
How GE Vernova plans to deploy small nuclear reactors across the developed world
GE Vernova's small modular reactor, BWRX-300, could play a role in developing more nuclear power over the next decade. The General Electric spinoff is targeting more than $2 billion in annual revenue ...
GE Vernova: Leading Energy Transition, Initiate With A Buy
GE Vernova, spun off from General Electric in April 2024, specializes in electric power industry products and services, achieving double-digit organic revenue and order growth. Electrification and dec...
GE Vernova Stock Is an AI Winner. The Case to Buy.
Wells Fargo analyst Michael Blum launched coverage with a Buy rating and a $385 price target—the second highest on FactSet.
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...