GE Vernova (NYSE:GEV – Free Report) had its price target boosted by JPMorgan Chase & Co. from $1,000.00 to $1,150.00 in a report released on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.
Several other equities research analysts have also recently issued reports on GEV. Mizuho set a $714.00 target price on shares of GE Vernova in a report on Tuesday, February 3rd. Erste Group Bank upgraded shares of GE Vernova to a “strong-buy” rating in a report on Tuesday, March 24th. Oppenheimer raised their price target on GE Vernova from $871.00 to $1,139.00 and gave the stock an “outperform” rating in a research note on Thursday. The Goldman Sachs Group raised their price target on GE Vernova from $840.00 to $925.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada raised their price target on GE Vernova from $761.00 to $800.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, GE Vernova has a consensus rating of “Buy” and a consensus price target of $919.48.
Check Out Our Latest Report on GEV
GE Vernova Price Performance
GE Vernova (NYSE:GEV – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, beating the consensus estimate of $2.99 by $10.40. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The company had revenue of $10.96 billion for the quarter, compared to analysts’ expectations of $10.21 billion. During the same period last year, the firm posted $1.73 earnings per share. GE Vernova’s revenue was up 3.8% compared to the same quarter last year. As a group, sell-side analysts expect that GE Vernova will post 6.59 EPS for the current fiscal year.
GE Vernova Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, March 17th. GE Vernova’s dividend payout ratio (DPR) is currently 11.24%.
Institutional Investors Weigh In On GE Vernova
Hedge funds have recently modified their holdings of the business. Torren Management LLC bought a new stake in shares of GE Vernova during the 4th quarter valued at $26,000. Cornerstone Financial Management LLC bought a new stake in shares of GE Vernova during the 4th quarter valued at $25,000. Jackson Grant Investment Advisers Inc. grew its position in shares of GE Vernova by 344.4% during the 3rd quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock valued at $25,000 after acquiring an additional 31 shares during the period. Wealth Watch Advisors INC bought a new stake in shares of GE Vernova during the 3rd quarter valued at $25,000. Finally, ORG Wealth Partners LLC grew its position in shares of GE Vernova by 241.7% during the 4th quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock valued at $27,000 after acquiring an additional 29 shares during the period.
Key Stories Impacting GE Vernova
Here are the key news stories impacting GE Vernova this week:
- Positive Sentiment: JPMorgan raised its price target to $1,150 and maintained an “overweight” stance, signaling strong institutional confidence and possible upward pressure if investors follow. JPMorgan Raises Price Target
- Positive Sentiment: Citigroup boosted its price target to $1,110, reinforcing bullish analyst momentum that supports the recent multi‑period rally. Citigroup Raises Price Target
- Positive Sentiment: Bank of America reiterated its buy rating on GEV, adding another reputable vote of confidence that can help sustain investor demand. BofA Keeps Buy Rating
- Positive Sentiment: CEO Scott Strazik highlighted AI infrastructure as a “massive opportunity” for job and revenue growth, framing a longer‑term growth narrative beyond traditional energy projects. CEO: AI Infrastructure Opportunity
- Positive Sentiment: Management said GE Vernova is exploring work in Venezuela and other geopolitically sensitive markets, pointing to additional international upside if projects materialize. GE Vernova Eyeing Venezuela
- Neutral Sentiment: Zacks and other outlets note heightened retail/investor attention and provide earnings and valuation primers — useful context but not immediate catalysts. Zacks Trending Stock Primer
- Neutral Sentiment: Valuation write‑ups show GEV has run sharply (large YTD and 1‑year gains) and discuss whether the current price already reflects growth — these analyses can amplify volatility around earnings and guidance. Valuation Assessment
- Neutral Sentiment: Company is scheduled to release quarterly earnings next week; earnings execution and guidance will be a near‑term market mover. Quarterly Earnings Announcement
- Negative Sentiment: A federal judge indicated openness to ordering GE Vernova to continue work on the Vineyard Wind project — a potential legal and financial headwind that raises uncertainty about future costs, liabilities and contract exposure. Judge Open to Forcing GE to Keep Working on Vineyard Wind
- Negative Sentiment: Related coverage shows GE Vernova is actively defending itself in the Vineyard Wind litigation, underscoring an unresolved dispute that could produce headline risk and near‑term volatility. GE Vernova Hits Back in Vineyard Court Battle
About GE Vernova
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.
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