GE Vernova (NYSE:GEV) Stock Price Up 4.8% After Analyst Upgrade

GE Vernova Inc. (NYSE:GEV)’s share price traded up 4.8% during mid-day trading on Thursday after JPMorgan Chase & Co. raised their price target on the stock from $1,302.00 to $1,330.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. GE Vernova traded as high as $1,041.79 and last traded at $1,032.1580. Approximately 3,453,721 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 2,814,445 shares. The stock had previously closed at $985.03.

Other analysts have also issued reports about the stock. Citigroup raised their price objective on shares of GE Vernova from $779.00 to $1,110.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Jefferies Financial Group dropped their target price on shares of GE Vernova from $1,350.00 to $1,210.00 and set a “buy” rating on the stock in a research note on Thursday, June 11th. Susquehanna set a $1,300.00 price target on shares of GE Vernova in a report on Thursday, April 23rd. Argus set a $1,300.00 price target on shares of GE Vernova in a report on Monday, April 27th. Finally, BNP Paribas Exane downgraded shares of GE Vernova from an “outperform” rating to a “neutral” rating and set a $1,190.00 price target for the company. in a research report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, GE Vernova presently has an average rating of “Moderate Buy” and an average target price of $1,124.12.

Insider Buying and Selling at GE Vernova

In related news, CAO Matthew Joseph Potvin sold 2,333 shares of GE Vernova stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $1,059.09, for a total value of $2,470,856.97. Following the completion of the sale, the chief accounting officer directly owned 3,549 shares in the company, valued at approximately $3,758,710.41. This trade represents a 39.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Victor Abate sold 4,819 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the transaction, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.21% of the company’s stock.

Trending Headlines about GE Vernova

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

• Positive Sentiment: JPMorgan raised its price target on GE Vernova to $1,330 and kept an overweight rating, citing meaningful upside from current levels. Benzinga
• Positive Sentiment: Morgan Stanley boosted its target to $1,350 and reaffirmed an overweight view, while TD Cowen also lifted its target and maintained a buy rating. Benzinga
• Positive Sentiment: Q2 results showed strong revenue growth, record orders, and a backlog above $176 billion, reinforcing demand tied to power generation, electrification, and AI data-center infrastructure. Article Title
• Positive Sentiment: The company raised full-year revenue guidance and margin expectations, suggesting management sees continued momentum despite the earnings miss. Article Title
• Neutral Sentiment: Industry coverage highlighted GE Vernova as a key beneficiary of AI-related grid and power demand, which supports the growth narrative but does not change near-term fundamentals by itself. Article Title
• Negative Sentiment: The stock sold off after Q2 because investors focused on the earnings miss, tariff risk, and weak wind profitability rather than the stronger topline and backlog growth. Article Title

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Processus Wealth & Capital Management LLC bought a new stake in GE Vernova in the 2nd quarter worth approximately $2,699,000. First Community Trust NA raised its stake in GE Vernova by 171.5% during the 2nd quarter. First Community Trust NA now owns 448 shares of the company’s stock valued at $526,000 after buying an additional 283 shares during the last quarter. Ballast Inc. purchased a new stake in GE Vernova during the 2nd quarter valued at $1,040,000. Regent Peak Wealth Advisors LLC lifted its holdings in shares of GE Vernova by 10.3% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 1,100 shares of the company’s stock valued at $1,292,000 after buying an additional 103 shares during the period. Finally, Annex Advisory Services LLC lifted its holdings in shares of GE Vernova by 14.3% during the 2nd quarter. Annex Advisory Services LLC now owns 1,199 shares of the company’s stock valued at $1,408,000 after buying an additional 150 shares during the period.

GE Vernova Trading Up 4.8%

The stock has a market capitalization of $277.36 billion, a PE ratio of 29.54, a P/E/G ratio of 3.63 and a beta of 1.09. The company has a current ratio of 0.85, a quick ratio of 0.65 and a debt-to-equity ratio of 0.21. The stock has a 50 day moving average price of $1,035.16 and a 200-day moving average price of $921.40.

GE Vernova (NYSE:GEV) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing the consensus estimate of $3.17 by ($0.70). The firm had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business’s revenue was up 21.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.86 EPS. Sell-side analysts expect that GE Vernova Inc. will post 15.07 earnings per share for the current year.

GE Vernova Announces Dividend

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

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.