GE Vernova Inc. (GEV)
NYSE: GEV · Real-Time Price · USD
349.16
+9.31 (2.74%)
Nov 22, 2024, 4:00 PM EST - Market closed

GE Vernova Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for GE Vernova stock have an average target of 283.32, with a low estimate of 177 and a high estimate of 367. The average target predicts a decrease of -18.86% from the current stock price of 349.16.

Analyst Consensus: Buy
Target Low Average Median High
Price $177 $283.32 $308 $367
Change -49.31% -18.86% -11.79% +5.11%

Analyst Ratings

The average analyst rating for GE Vernova stock from 22 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 323788
Buy 6791199
Hold 343355
Sell 000000
Strong Sell 000000
Total 121315212222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$301$367
Buy Maintains $301$367 +5.11% Nov 15, 2024
Daiwa Capital
Daiwa Capital
Strong Buy
Upgrades
$245$336
Strong Buy Upgrades $245$336 -3.77% Oct 30, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$300$325
Strong Buy Maintains $300$325 -6.92% Oct 24, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$256$301
Buy Maintains $256$301 -13.79% Oct 24, 2024
RBC Capital
RBC Capital
Buy
Maintains
$262$285
Buy Maintains $262$285 -18.38% Oct 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
35.41B
from 33.24B
Increased by 6.52%
Revenue Next Year
37.54B
from 35.41B
Increased by 6.02%
EPS This Year
2.85
EPS Next Year
6.97
from 2.85
Increased by 144.35%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
33.01B29.65B33.24B35.41B37.54B40.43B
Revenue Growth
--10.16%12.09%6.52%6.02%7.70%
EPS
---2.856.9710.36
EPS Growth
----144.35%48.57%
Forward PE
---122.4050.0933.72
No. Analysts ---262622
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 37.2B 41.7B 45.9B
Avg 35.4B 37.5B 40.4B
Low 33.8B 34.9B 36.9B

Revenue Growth

Revenue Growth 202420252026
High
11.9%
17.7%
22.4%
Avg
6.5%
6.0%
7.7%
Low
1.7%
-1.5%
-1.6%

EPS Forecast

EPS 202420252026
High 5.29 11.71 15.77
Avg 2.85 6.97 10.36
Low 1.07 4.93 8.22

EPS Growth

EPS Growth 202420252026
High -
310.4%
126.2%
Avg -
144.3%
48.6%
Low -
72.8%
18.0%
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.