
GEV Stock Forecast & Price Target
GEV Analyst Ratings
Bulls say
GE Vernova is positioned favorably within the electric power industry, highlighted by a forecasted increase in wind generation capacity from 8% to 14%, which is anticipated to enhance profitability through improved demand and operational efficiencies. The company projects a substantial increase in free cash flow, estimated to rise by approximately 7.0 times from 2023 to 2025, alongside ongoing self-help initiatives driving margin expansion through productivity improvements and cost reductions. Furthermore, GE Vernova's electrification segment is expected to experience significant growth due to a growing installed base of grid equipment and services, with a substantial portion of its backlog converting into revenue within the next two years, supporting a robust demand pipeline across its power and electrification segments.
Bears say
GE Vernova's stock has experienced a significant decline of 28% since its peak on January 23, substantially outpacing the S&P 500's decrease of 5.5%, indicating a troubling market perception despite expectations for power demand, particularly from hyperscalers. The stagnation in onshore wind demand, alongside concerns about potential policy changes favoring renewable energy, raises doubts about future growth and profitability, particularly for the company's gas power segment, which currently bolsters margins and free cash flow. Additionally, target multiples have been adjusted downward following 1Q earnings, reflecting diminishing investor confidence and contributing to the overall negative outlook on the stock.
This aggregate rating is based on analysts' research of GE Vernova LLC and is not a guaranteed prediction by Public.com or investment advice.
GEV Analyst Forecast & Price Prediction
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