GE Vernova Inc. (GEV)
NYSE: GEV · IEX Real-Time Price · USD
169.81
+2.29 (1.37%)
At close: Jul 2, 2024, 4:00 PM
170.00
+0.19 (0.11%)
After-hours: Jul 2, 2024, 7:59 PM EDT
GE Vernova Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for GE Vernova stock have an average target of 174.71, with a low estimate of 154 and a high estimate of 201.5. The average target predicts an increase of 2.89% from the current stock price of 169.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for GE Vernova stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|
| Strong Buy | 2 | 2 | 3 |
| Buy | 5 | 5 | 6 |
| Hold | 1 | 2 | 3 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 8 | 9 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Daiwa Capital | Daiwa Capital | Buy Initiates $202 | Buy | Initiates | $202 | +18.66% | Jun 21, 2024 |
| Argus Research | Argus Research | Strong Buy Initiates $190 | Strong Buy | Initiates | $190 | +11.89% | Jun 13, 2024 |
| Citigroup | Citigroup | Hold Initiates $183 | Hold | Initiates | $183 | +7.77% | Jun 11, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $176 → $186 | Buy | Maintains | $176 → $186 | +9.53% | Jun 3, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $160 → $180 | Buy | Maintains | $160 → $180 | +6.00% | May 30, 2024 |
Financial Forecast
Revenue This Year
35.11B
from 33.24B
Increased by 5.61%
Revenue Next Year
37.12B
from 35.11B
Increased by 5.73%
EPS This Year
3.32
EPS Next Year
5.66
from 3.32
Increased by 70.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.1B | 39.7B | 43.7B |
| Avg | 35.1B | 37.1B | 39.4B |
| Low | 33.4B | 35.1B | 36.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.5% | 13.1% | 17.7% |
| Avg | 5.6% | 5.7% | 6.0% |
| Low | 0.5% | 0.0% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.04 | 6.84 | 9.70 |
| Avg | 3.32 | 5.66 | 8.40 |
| Low | 2.73 | 4.91 | 6.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 105.7% | 71.5% |
| Avg | - | 70.3% | 48.4% |
| Low | - | 47.8% | 21.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.