Glj Research Reaffirms Sell Rating for GE Vernova (NYSE:GEV)

GE Vernova (NYSE:GEV)‘s stock had its “sell” rating reiterated by equities research analysts at Glj Research in a report issued on Tuesday, Benzinga reports. They currently have a $540.00 target price on the stock. Glj Research‘s price objective would indicate a potential downside of 29.75% from the company’s current price.

Several other research firms have also issued reports on GEV. BMO Capital Markets reissued an “outperform” rating and issued a $1,200.00 target price on shares of GE Vernova in a report on Thursday, October 29th. Evercore reaffirmed an “outperform” rating and set a $1,350.00 price target on shares of GE Vernova in a report on Thursday, October 1st. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $1,298.00 price target on shares of GE Vernova in a report on Wednesday, October 28th. TD Cowen dropped their price target on shares of GE Vernova from $1,235.00 to $1,125.00 and set a “buy” rating for the company in a research report on Thursday, October 29th. Finally, Oppenheimer reissued an “outperform” rating on shares of GE Vernova in a research note on Wednesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,144.20.

GE Vernova Stock Performance

NYSE GEV traded down $60.69 on Tuesday, hitting $768.65. 3,734,270 shares of the company traded hands, compared to its average volume of 2,772,810. The business’s 50 day moving average price is $921.67 and its 200-day moving average price is $945.42. GE Vernova has a 52-week low of $530.16 and a 52-week high of $1,195.94. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $203.45 billion, a price-to-earnings ratio of 20.23, a P/E/G ratio of 2.71 and a beta of 1.25.

GE Vernova (NYSE:GEV) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping the consensus estimate of $4.03 by $0.78. GE Vernova had a return on equity of 46.50% and a net margin of 23.54%. The firm had revenue of $12.64 billion for the quarter, compared to the consensus estimate of $11.99 billion. During the same quarter last year, the company earned $1.64 earnings per share. The business’s revenue for the quarter was up 26.8% compared to the same quarter last year. Equities analysts expect that GE Vernova will post 16.13 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GEV. BlackRock Inc. purchased a new stake in GE Vernova in the 2nd quarter worth $25,569,630,000. Bank of America Corp DE bought a new position in shares of GE Vernova during the 2nd quarter valued at about $2,961,612,000. Bank of New York Mellon Corp purchased a new position in shares of GE Vernova during the second quarter valued at about $2,497,472,000. Jupiter Topco LLC purchased a new position in shares of GE Vernova during the second quarter valued at about $2,371,538,000. Finally, Janus Henderson Group PLC grew its position in shares of GE Vernova by 4,358.6% during the first quarter. Janus Henderson Group PLC now owns 1,519,799 shares of the company’s stock valued at $1,316,076,000 after purchasing an additional 1,485,712 shares in the last quarter.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova reported a record $197 billion backlog and raised its 2026 revenue guidance, supporting the view that demand for its equipment remains strong. Article: GE Vernova, Vertiv, and Bloom Energy Just Lost 10% to 24% in a Week
• Positive Sentiment: The company booked a German order for three onshore wind turbines, along with a 20-year service agreement. The contract adds recurring-service potential and extends an existing customer relationship; financial terms were not disclosed. Article: GE Vernova Lands Wind Turbine Order With 20-Year Service Deal
• Positive Sentiment: GE Vernova was selected for a 6-GW high-voltage direct-current transmission project in India, another large infrastructure opportunity. Article: GE Vernova to Support India’s Energy Transition With 6-GW HVDC Transmission Project
• Negative Sentiment: AI-power shares gave back the previous day’s rally, with GE Vernova among the sector’s weaker performers. Investors remain sensitive to headlines and concerns about data-center power demand and the outlook for related investment. Article: GE Vernova Declines as AI Power Stocks Give Back Monday’s Rally
• Negative Sentiment: A report highlighted Elon Musk’s claim that SoftBank was defaulting on turbine orders. If accurate, this could raise concerns about the reliability of some AI-related demand, though the report does not establish a direct impact on GE Vernova’s orders. Article: Musk Says SoftBank Is Defaulting on Turbine Orders

About GE Vernova

GE Vernova is an energy technology company that designs, manufactures and services equipment used to generate, transmit and distribute electricity. It became an independent public company in April 2024 after separating from General Electric, which had built its energy businesses over more than a century. The company operates through three main businesses: Power, Wind and Electrification. Its offerings include gas and steam turbines, hydropower technologies and related services; onshore and offshore wind turbines; and grid equipment, power-conversion systems and software used to support electricity networks.