GE Vernova (GEV)
| Market Cap | 41.27B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 272.08M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | 188.65 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,347,361 |
| Open | 154.19 |
| Previous Close | 153.71 |
| Day's Range | 149.42 - 156.70 |
| 52-Week Range | 119.00 - 163.10 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 161.25 (+6.32%) |
| Earnings Date | May 14, 2024 |
About GEV
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. [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 8 analysts, the average rating for GEV stock is "Buy." The 12-month stock price forecast is $161.25, which is an increase of 6.32% from the latest price.
News
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Wall Street has hiked the average price target for GE Aerospace stock in the latest stage of upbeat news for longtime investors.
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.
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.
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...
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...
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 ...
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.
Calls of the Day: Uber, GE Vernova and General Motors
The Investment Committee debate the latest Calls of the Day.
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.
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.
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.
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.
Cramer's Stop Trading: GE Vernova
CNBC's Jim Cramer explains why he is keeping an eye on shares of GE Vernova.
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.
Why GE Vernova Stock Is Trading Like a Hot IPO.
Vernova shares are up more than 20% over the past week.
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.
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.
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...
GE spins off GE Vernova, pivots to pure-play aerospace stock
GE Aerospace and GE Vernova begin life Tuesday as two, separate stocks as they ring the opening bell on the New York Stock Exchange.
GE Vernova Completes Spin-Off and Begins Trading on the New York Stock Exchange
CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova completes spin-off from GE on April 2, 2024.
What You Need To Know About GE Vernova's and GE Aerospace's Split Tuesday
General Electric (GE) will complete the changes it first announced in 2021 before markets open Tuesday, spinning off its energy-focused division from the aerospace division, with the entities becoming...
GE Investors Get Some Early Clues to What Vernova Shares Are Worth
Trading in General Electric's power-generation spinoff began this week. The spinoff itself takes place on April 2.
GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600
NEW YORK , March 27, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: Solventum Corp. (NYSE: SOLV) will be added to the S...
GE Vernova, Solventum to join S&P 500 index next week
Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.