Erste Group Bank Forecasts Stronger Earnings for GE Vernova

GE Vernova Inc. (NYSE:GEV) – Stock analysts at Erste Group Bank boosted their FY2026 earnings estimates for shares of GE Vernova in a report released on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $14.90 per share for the year, up from their previous forecast of $14.77. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for GE Vernova’s current full-year earnings is $6.59 per share. Erste Group Bank also issued estimates for GE Vernova’s FY2027 earnings at $22.15 EPS.

GE Vernova (NYSE:GEV) last released its quarterly earnings data on Wednesday, January 28th. The company reported $13.39 earnings per share for the quarter, topping the consensus estimate of $2.99 by $10.40. The company 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%. GE Vernova’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.73 EPS.

A number of other research firms have also recently issued reports on GEV. Barclays raised their price objective on GE Vernova from $849.00 to $993.00 and gave the company an “overweight” rating in a research report on Wednesday, April 1st. The Goldman Sachs Group upped their price objective on shares of GE Vernova from $840.00 to $925.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wells Fargo & Company upped their price objective on shares of GE Vernova from $831.00 to $896.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. Royal Bank Of Canada upped their price objective on shares of GE Vernova from $761.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Finally, Mizuho set a $714.00 price objective on shares of GE Vernova in a report on Tuesday, February 3rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $863.61.

GE Vernova Stock Up 2.8%

GEV opened at $936.31 on Wednesday. GE Vernova has a 12-month low of $281.56 and a 12-month high of $962.72. The stock has a market cap of $252.36 billion, a price-to-earnings ratio of 52.60, a PEG ratio of 3.54 and a beta of 1.43. The business has a 50 day moving average of $836.90 and a 200-day moving average of $697.29.

Institutional Trading of GE Vernova

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Synergy Asset Management LLC grew its stake in GE Vernova by 300.0% in the 3rd quarter. Synergy Asset Management LLC now owns 1,884 shares of the company’s stock worth $1,078,000 after buying an additional 1,413 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in GE Vernova by 25.3% during the third quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company’s stock valued at $9,990,000 after purchasing an additional 3,278 shares in the last quarter. Kercheville Advisors LLC raised its position in GE Vernova by 238.3% during the third quarter. Kercheville Advisors LLC now owns 4,905 shares of the company’s stock valued at $3,016,000 after purchasing an additional 3,455 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in GE Vernova during the third quarter valued at about $18,601,000. Finally, US Bancorp DE raised its position in GE Vernova by 2.2% during the third quarter. US Bancorp DE now owns 100,542 shares of the company’s stock valued at $61,824,000 after purchasing an additional 2,163 shares in the last quarter.

GE Vernova Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s payout ratio is 11.24%.

More GE Vernova News

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

• Positive Sentiment: Seeking Alpha highlights a rating upgrade and argues that the Middle East war could lift demand for power infrastructure and accelerate orders for GE Vernova’s turbines, grid and nuclear businesses — a macro-driven growth case. GE Vernova: How Middle East War Could Fuel Its Next Growth Surge (Rating Upgrade)
• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts and maintained a “Strong‑Buy” call (small boosts to $14.90 for 2026 and $22.15 for 2027), signaling higher analyst earnings power expectations that support upside to the stock. MarketBeat GEV analyst note
• Positive Sentiment: GE Vernova announced a collaboration with AFRY to advance small modular reactor (SMR) projects in Europe — a strategic move that expands its nuclear pipeline and long‑term contracted revenue potential. GE Vernova teams up with AFRY to advance small modular reactor projects in Europe
• Positive Sentiment: MarketBeat’s sector piece flags GEV as one of three clean‑energy names showing bullish moving‑average signals (support at the 50‑day MA), reinforcing a technical momentum case for momentum-driven buyers. 3 Clean Energy Stocks With Bullish Moving Average Signals
• Neutral Sentiment: Zacks and other market roundups noted that GEV closed notably higher in the latest session and has outpaced the market recently, reflecting the combined impact of the items above rather than a single new announcement. GE Vernova (GEV) Surpasses Market Returns
• Neutral Sentiment: MSN’s “What’s going on” coverage summarized recent drivers and intraday moves — useful for context but not new catalyst information. What’s going on with GE Vernova stock Tuesday?

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.