Citigroup Issues Positive Forecast for GE Vernova (NYSE:GEV) Stock Price

GE Vernova (NYSE:GEV) had its price objective increased by Citigroup from $708.00 to $779.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

GEV has been the subject of a number of other reports. Redburn Partners set a $475.00 price objective on GE Vernova in a research note on Wednesday, October 15th. China Renaissance started coverage on GE Vernova in a research report on Wednesday. They issued a “buy” rating and a $966.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of GE Vernova in a research report on Thursday, January 22nd. UBS Group reissued a “buy” rating on shares of GE Vernova in a research note on Thursday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $785.00 target price on shares of GE Vernova in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $731.19.

GE Vernova Trading Up 0.8%

Shares of GEV opened at $717.43 on Thursday. GE Vernova has a 12-month low of $252.25 and a 12-month high of $731.00. The firm has a market cap of $194.65 billion, a P/E ratio of 40.30, a price-to-earnings-growth ratio of 2.99 and a beta of 1.67. The company’s 50-day moving average price is $649.23 and its 200 day moving average price is $621.11.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, topping the consensus estimate of $2.99 by $10.40. The firm had revenue of $10.96 billion for the quarter, compared to analyst estimates of $10.21 billion. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.73 EPS. Equities research analysts forecast that GE Vernova will post 6.59 earnings per share for the current year.

GE Vernova Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 5th will be given a $0.50 dividend. The ex-dividend date of this dividend is Monday, January 5th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from GE Vernova’s previous quarterly dividend of $0.25. GE Vernova’s payout ratio is currently 32.57%.

Hedge Funds Weigh In On GE Vernova

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of GE Vernova by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 25,023,625 shares of the company’s stock worth $16,354,691,000 after acquiring an additional 208,162 shares in the last quarter. State Street Corp lifted its stake in GE Vernova by 1.3% during the third quarter. State Street Corp now owns 11,238,278 shares of the company’s stock worth $6,910,417,000 after purchasing an additional 140,500 shares during the last quarter. Geode Capital Management LLC boosted its holdings in GE Vernova by 2.2% in the second quarter. Geode Capital Management LLC now owns 6,108,484 shares of the company’s stock valued at $3,221,404,000 after purchasing an additional 129,315 shares in the last quarter. Norges Bank purchased a new position in GE Vernova in the second quarter valued at approximately $1,809,220,000. Finally, Northern Trust Corp raised its holdings in GE Vernova by 1.8% during the third quarter. Northern Trust Corp now owns 2,877,458 shares of the company’s stock worth $1,769,349,000 after purchasing an additional 51,738 shares in the last quarter.

Key Headlines Impacting GE Vernova

Here are the key news stories impacting GE Vernova this week:

• Positive Sentiment: Q4 results beat revenue and EPS expectations; orders and backlog surged (backlog cited near $150B / orders up sharply), driving better revenue visibility and margin expansion. Read More.
• Positive Sentiment: Company raised 2026/2028 revenue targets (including planned GE Prolec close) and boosted free‑cash‑flow guidance, which supports multi‑year growth expectations. Read More.
• Positive Sentiment: Wall Street moved more bullish: Zacks upgraded GEV to a #2 (Buy) and several firms raised price targets (Citigroup, TD Cowen, China Renaissance), providing further buying pressure. Read More.
• Neutral Sentiment: The reported EPS beat included a large one‑time ~$2.9B tax benefit; underlying operational EPS would be closer to expectations, so the headline beat is partly nonrecurring. Read More.
• Neutral Sentiment: GEV now trades at a material premium to the market on forward multiples — the strong outlook is priced in, raising sensitivity to execution surprises. Read More.
• Negative Sentiment: Wind segment continues to generate sizable losses and management warned that efforts to halt offshore wind projects and regulatory issues could hurt operations, adding downside risk. Read More.
• Negative Sentiment: Despite raised guidance, some reports flagged that the stock slipped intraday as investors parsed tax‑benefit distortion and wind‑segment weakness — showing how quickly sentiment can reverse if execution falters. Read More.

GE Vernova Company Profile

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.