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GE Vernova Inc. (GEV)
NYSE:GEV
Holding GEV?
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GEV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$115.00 - $240.00
Previous Close$237.15
Volume3.24M
Average Volume (3M)2.91M
Market Cap
$65.17B
Enterprise Value$66.15B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.26
Next Earnings
Oct 23, 2024EPS Estimate
$0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding274,802,034
10 Day Avg. Volume3,325,728
30 Day Avg. Volume2,914,362
Standard Deviation0.07
R-Squared0.04
Alpha0.09
Financial Highlights & Ratios
Price to Book (P/B)7.19
Price to Sales (P/S)4.09
Price to Cash Flow (P/CF)15.80
P/FCF Ratio18.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.28
Enterprise Value/Gross Profit13.73
Enterprise Value/Ebitda33.43
Forecast
1Y Price Target
$238.23Price Target Upside1.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
GE Vernova Inc. News
PremiumStock Analysis & Ideas
Bank of America Takes a Bullish Stance on These 2 Stocks
Bulls Say, Bears Say
Bulls Say
Energy TransitionGEV offers investors looking for exposure to the energy transition a unique blend of scale and global reach across conventional and renewable generation.
Financial PerformanceStrong price, ongoing productivity efforts, and volume leverage should drive very strong earnings and free cash flow growth.
Market LeadershipGEV is a global market leader in almost every area within the power sector in which it participates, spanning sales of equipment/services across both conventional and renewable generation as well as transmission and distribution sectors including grid management software.
Bears Say
Financial PerformanceGEV announced that it expects to generate a $300m EBITDA loss in its Wind business, related to a ~$450-$550m warranty accrual within its offshore wind business.
Market SentimentStock has been under pressure due to potential wind liabilities and no data center orders yet.
Operational IssuesA blade failure was reported at the Dogger Bank offshore wind project in England on a GE Vernova turbine.
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Ownership Overview
0.03% Insiders
23.48% Mutual Funds
41.00% Other Institutional Investors
35.49% Public Companies and Individual Investors
GEV FAQ
What was GE Vernova Inc.’s price range in the past 12 months?
GE Vernova Inc. lowest stock price was $115.00 and its highest was $240.00 in the past 12 months.
What is GE Vernova Inc.’s market cap?
Currently, no data Available
When is GE Vernova Inc.’s upcoming earnings report date?
GE Vernova Inc.’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were GE Vernova Inc.’s earnings last quarter?
GE Vernova Inc. released its earnings results on Jul 24, 2024. The company reported $0.081 earnings per share for the quarter, missing the consensus estimate of $0.742 by -$0.661.
Is GE Vernova Inc. overvalued?
According to Wall Street analysts GE Vernova Inc.’s price is currently Undervalued.
Does GE Vernova Inc. pay dividends?
GE Vernova Inc. does not currently pay dividends.
What is GE Vernova Inc.’s EPS estimate?
GE Vernova Inc.’s EPS estimate is $0.43.
How many shares outstanding does GE Vernova Inc. have?
GE Vernova Inc. has 274,802,030 shares outstanding.
What happened to GE Vernova Inc.’s price movement after its last earnings report?
GE Vernova Inc. reported an EPS of $0.081 in its last earnings report, missing expectations of $0.742. Following the earnings report the stock price went down -4.452%.
Which hedge fund is a major shareholder of GE Vernova Inc.?
Among the largest hedge funds holding GE Vernova Inc.’s share is Eagle Capital Management, L.L.C.. It holds GE Vernova Inc.’s shares valued at 886M.
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GE Vernova Inc. Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$238.23 (1.10% Upside)
$238.23 (1.10% Upside)
Blogger Sentiment
Bullish
GEV Sentiment 77%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 16.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 7.2%
Last 30 Days ▲ 7.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Company Description
GE Vernova Inc.
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, orchestrate, convert, and store electricity. We design, manufacture, deliver, and service technologies to create a more reliable and sustainable electric power system, enabling electrification and decarbonization, underpinning the progress and prosperity of the communities we serve. We are a purpose-built company, uniquely positioned with a scope and scale of solutions to accelerate the energy transition, while servicing and growing our installed base and strengthening our own profitability and shareholder returns. We have a strong history of innovation which is a key strength enabling us to meet our customers¿ needs.
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GEV Company Deck
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GEV Earnings Call
Q2 2024
0:00 / 0:00
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GEV Stock 12 Month Forecast
Average Price Target
$238.23
▲(1.10% Upside)
Technical Analysis
Best Analysts Covering GEV
1 Year
1 Year Success Rate
3/3 ratings generated profit
1 Year Average Return
+51.13%
reiterated a buy rating 2 months ago
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