GE Vernova (NYSE:GEV) Stock Gets Price Target Cut from Susquehanna

GE Vernova (NYSE:GEV) had its target price reduced by Susquehanna from $1,300.00 to $1,270.00 in a research report released on Wednesday morning, Marketbeat reports. They currently have a positive rating on the stock.

GEV has been the subject of a number of other research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a research report on Tuesday, July 21st. BNP Paribas Exane cut their target price on shares of GE Vernova from $1,190.00 to $1,090.00 and set a “neutral” rating for the company in a research note on Thursday, August 20th. JPMorgan Chase & Co. reduced their target price on shares of GE Vernova from $1,330.00 to $1,150.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. Evercore reaffirmed an “outperform” rating and set a $1,350.00 price target on shares of GE Vernova in a research note on Thursday, October 1st. Finally, The Goldman Sachs Group raised shares of GE Vernova from a “buy” rating to a “market outperform” rating in a research note on Monday, September 14th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, GE Vernova has a consensus rating of “Moderate Buy” and an average target price of $1,164.87.

GE Vernova Price Performance

GEV stock opened at $919.18 on Wednesday. GE Vernova has a 1 year low of $530.16 and a 1 year high of $1,195.94. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. The stock’s 50 day moving average price is $962.80 and its 200 day moving average price is $1,001.08. The firm has a market cap of $244.80 billion, a P/E ratio of 47.56, a PEG ratio of 3.21 and a beta of 1.14.

GE Vernova (NYSE:GEV) last announced its earnings results on Wednesday, July 22nd. The company reported $2.47 EPS for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70). GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The company had revenue of $11.10 billion for the quarter, compared to analyst estimates of $10.79 billion. During the same quarter last year, the company posted $1.86 EPS. GE Vernova’s quarterly revenue was up 21.9% compared to the same quarter last year. On average, sell-side analysts expect that GE Vernova will post 15.04 earnings per share for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 24th. Shareholders of record on Tuesday, October 27th will be 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 of this dividend is Tuesday, October 27th. GE Vernova’s dividend payout ratio is currently 5.72%.

Institutional Investors Weigh In On GE Vernova

A number of hedge funds and other institutional investors have recently made changes to their positions in GEV. Alpine Bank Wealth Management grew its holdings in GE Vernova by 34.6% in the third quarter. Alpine Bank Wealth Management now owns 914 shares of the company’s stock valued at $869,000 after purchasing an additional 235 shares during the period. KRS Capital Management LLC increased its position in GE Vernova by 0.7% during the third quarter. KRS Capital Management LLC now owns 1,895 shares of the company’s stock worth $1,801,000 after purchasing an additional 13 shares during the last quarter. Processus Wealth & Capital Management LLC raised its stake in GE Vernova by 2.0% during the third quarter. Processus Wealth & Capital Management LLC now owns 2,342 shares of the company’s stock worth $2,226,000 after purchasing an additional 45 shares during the period. New England Research & Management Inc. raised its stake in GE Vernova by 4.0% during the third quarter. New England Research & Management Inc. now owns 6,760 shares of the company’s stock worth $6,425,000 after purchasing an additional 263 shares during the period. Finally, Hengehold Capital Management LLC raised its stake in GE Vernova by 12.0% during the third quarter. Hengehold Capital Management LLC now owns 1,359 shares of the company’s stock worth $1,292,000 after purchasing an additional 146 shares during the period.

GE Vernova News Roundup

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

• Positive Sentiment: Large Venture Global power agreement: GE Vernova and Baker Hughes agreed to supply equipment for up to 16 gas-fired power units, each with 720 megawatts of capacity. The projects could support LNG facilities and future AI data centers, although the reported $17.2 billion value represents a maximum opportunity rather than a fully committed order. Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
• Positive Sentiment: AI-related electricity demand supports the growth story: GE Vernova’s gas-turbine backlog reportedly reached 116 gigawatts, while data-center orders exceeded $5 billion earlier in 2026. Its ability to provide generation, grid equipment and data-center power infrastructure could create recurring revenue opportunities as electricity demand rises. GE Vernova: AI’s Next Bottleneck Is Electricity
• Positive Sentiment: Some analysts remain bullish: Guggenheim initiated or reiterated a Buy rating, while another analyst sees substantial upside ahead of third-quarter results. Recent coverage also points to higher revenue and free-cash-flow guidance and strong organic order growth. GE Vernova Earns Buy Rating from Guggenheim
• Neutral Sentiment: Wind-business leadership change: GE Vernova will begin 2027 with a new CEO for its Wind business. The change may be intended to support execution but introduces a leadership-transition factor for investors to monitor. GE Vernova to start 2027 with new Wind CEO
• Negative Sentiment: Susquehanna lowered its expectations for GEV’s stock price: The target reduction reinforced near-term valuation concerns and was followed by a sharp decline in the shares. Selling was also amplified by a broader pullback in AI-related infrastructure stocks. Susquehanna Has Lowered Expectations for GE Vernova Stock Price

GE Vernova Company Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company formed through the separation of General Electric’s energy businesses in April 2024. The company is focused on helping generate, transmit, distribute and store electricity as power systems adapt to rising demand and the transition toward lower-carbon energy sources.

GE Vernova operates across three principal business areas: Power, Wind and Electrification. Its products and services include gas and steam power generation equipment, nuclear and hydropower technologies, onshore and offshore wind turbines, wind services, grid equipment, electrification systems, energy storage solutions and software used to monitor and manage energy infrastructure.

The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world.