GE Vernova (NYSE:GEV) Shares Gap Down Following Weak Earnings

GE Vernova Inc. (NYSE:GEV)’s stock price gapped down prior to trading on Wednesday following a weaker than expected earnings announcement. The stock had previously closed at $1,078.81, but opened at $1,021.01. GE Vernova shares last traded at $1,009.9550, with a volume of 1,273,818 shares traded.

The company reported $2.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). The company had revenue of $11.10 billion during the quarter, compared to analyst estimates of $10.79 billion. GE Vernova had a net margin of 23.81% and a return on equity of 43.97%. GE Vernova’s quarterly revenue was up 21.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.86 EPS.

GE Vernova Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 16th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, June 16th. GE Vernova’s dividend payout ratio is currently 5.83%.

GE Vernova News Summary

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

• Positive Sentiment: GE Vernova reported Q2 revenue of $11.1 billion, topping expectations and rising 21.9% year over year, helped by strong demand across power and electrification units. Reuters article
• Positive Sentiment: The company raised its full-year revenue outlook again and lifted margin expectations, signaling confidence that order growth and backlog strength can support 2026 results. WSJ article
• Positive Sentiment: Management highlighted record orders and cash flow, with AI/data-center power demand helping drive backlog growth and improving the long-term outlook. Yahoo Finance article
• Neutral Sentiment: Investors are also assessing valuation after a big multi-year run, with some commentary suggesting the stock may already reflect much of the AI and infrastructure optimism. Yahoo Finance article
• Neutral Sentiment: Analysts and media coverage point to a “margin test,” with the market watching whether GE Vernova can convert strong demand into sustained profit growth. Kalkine Media article
• Negative Sentiment: Q2 adjusted EPS came in at $2.47, well below the $3.17 consensus, which is the main reason the stock is under pressure today. Zacks article
• Negative Sentiment: GE Vernova warned tariffs could add up to $200 million in costs, raising concerns about pressure on future margins and profitability. MSN article
• Negative Sentiment: The wind business remained a drag, with segment losses widening and overshadowing otherwise strong demand trends. Proactive Investors article

Analysts Set New Price Targets

GEV has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on shares of GE Vernova from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Jefferies Financial Group decreased their target price on shares of GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating for the company in a research note on Thursday, June 11th. BMO Capital Markets raised their price target on shares of GE Vernova from $1,110.00 to $1,250.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Barclays lifted their price target on shares of GE Vernova from $993.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Finally, BNP Paribas Exane lowered shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price objective on the stock. in a report on Monday, April 27th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,089.88.

Insider Buying and Selling

In other news, CAO Matthew Joseph Potvin sold 2,333 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the completion of the sale, the chief accounting officer owned 3,549 shares of the company’s stock, valued at approximately $3,758,710.41. This trade represents a 39.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Victor Abate sold 4,819 shares of GE Vernova stock in a transaction on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the completion of the sale, the chief executive officer owned 1,835 shares of the company’s stock, valued at approximately $1,739,726.80. This trade represents a 72.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On GE Vernova

Institutional investors have recently modified their holdings of the stock. Cornerstone Financial Management LLC acquired a new stake in GE Vernova during the fourth quarter valued at approximately $25,000. Wealth Watch Advisors INC bought a new stake in shares of GE Vernova in the 3rd quarter valued at approximately $25,000. Torren Management LLC bought a new stake in shares of GE Vernova in the 4th quarter valued at approximately $26,000. Manning & Napier Advisors LLC increased its holdings in shares of GE Vernova by 68.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after acquiring an additional 13 shares during the last quarter. Finally, ORG Wealth Partners LLC raised 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 in the last quarter.

GE Vernova Stock Performance

The company has a 50-day moving average of $1,036.29 and a 200-day moving average of $918.91. The firm has a market capitalization of $266.52 billion, a price-to-earnings ratio of 28.89, a price-to-earnings-growth ratio of 3.98 and a beta of 1.09. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19.

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.