GE Vernova Inc. (GEV)
| Market Cap | 92.73B |
| Revenue (ttm) | 34.94B |
| Net Income (ttm) | 1.55B |
| Shares Out | 275.90M |
| EPS (ttm) | 5.58 |
| PE Ratio | 60.23 |
| Forward PE | 53.15 |
| Dividend | $0.25 (0.07%) |
| Ex-Dividend Date | Dec 20, 2024 |
| Volume | 2,375,402 |
| Open | 344.24 |
| Previous Close | 343.57 |
| Day's Range | 333.21 - 344.94 |
| 52-Week Range | 119.00 - 447.50 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 367.96 (+9.48%) |
| Earnings Date | Apr 23, 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]
Analyst Forecast
According to 27 analysts, the average rating for GEV stock is "Buy." The 12-month stock price forecast is $367.96, which is an increase of 9.48% from the latest price.
News
Clean Energy Stocks Face Policy Risks, But JP Morgan Sees Long-Term Upside In These Names
On Wednesday, JP Morgan analyst Mark Strouse shared his insights on the clean energy sector during a recap of fourth-quarter earnings.
GE Vernova: A Good Buy Post The Recent Correction
GE Vernova is poised for strong revenue and earnings growth due to solid backlog, strong end market demand, and healthy pricing increases. Despite recent stock price corrections due to DeepSeek concer...
GE Vernova: The Future Looks Electric And This Data Center Play Stands To Benefit
GE Vernova's transformation has led to significant shareholder value, with the stock surging 116.8% since its spin-off from General Electric. The company's Power, Wind, and Electrification segments sh...
GE Vernova signs deal to support Amazon's data center expansion
Renewable energy company GE Vernova said on Tuesday it has signed an agreement with Amazon's cloud services business to support the e-commerce giant's data center expansion plans.
GE Vernova Jumps on AI Data Center Deal. Electricity Demand Promises Growth.
More electricity demand means more sales for GE Vernova. Investors are pleased.
NRG Energy, GE Vernova and Kiewit Accelerating New Generation Capacity to Support Demand Growth
HOUSTON--(BUSINESS WIRE)--NRG Energy Inc. (NYSE:NRG) today joined GE Vernova, Inc. (NYSE: GEV) and TIC – The Industrial Company (TIC), a subsidiary of Kiewit Corporation (Kiewit) in announcing a new v...
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.
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.
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...
Chevron, Engine No. 1, GE Vernova team up to build US data centers
Chevron U.S.A. announced Tuesday a partnership with Engine No.
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...
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 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...
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...
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...
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.
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.
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...
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.
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.
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.
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...
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.
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...
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.