GE Vernova LLC

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

GE Vernova reports robust Q2 results, raises 2024 guidance

GE Vernova's Q2 2024 Earnings Call showcased strong financial performance, highlighted by growth in Power segment orders and improved margins. Despite challenges in the Wind segment, the company remains focused on safety and quality while pursuing growth opportunities.

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GE Vernova, Inc. is a electric power industry. Its products and services generate, transfer, orchestrate, convert, and store electricity. The firm operates through the following segments: Power, Wind and Electrification. The Power segment includes design, manufacture, and servicing of gas, nuclear, hydro, and steam technologies, providing a critical foundation of dispatchable, flexible, stable, and reliable power. The Wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. The Electrification segment includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The Company was founded November 09, 2021 and is headquartered in Cambridge, Massachusetts.

GE Vernova (GEV) shares will likely remain on watchlists Wednesday after jumping more than 3% yesterday to set a new record high following favorable coverage from leading investment banks.

Watch These GE Vernova Price Levels as Stock Trading Near Record High

GE Vernova (GEV) stock rose for the seventh consecutive session Tuesday as analysts at Barclays said the company is a "likely benefactor" of increasing demand for electricity in the U.S. and worldwide.

Why GE Vernova Stock Is Rallying for a Seventh Straight Session Tuesday

GE Vernova Inc. GEV shares are trading higher after BofA Securities analyst Andrew Obin upgraded the stock from Neutral to Buy and raised its price target from $200 to $300.

GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

GE Vernova To Rally Over 30%? Here Are 10 Top Analyst Forecasts For Tuesday

GE Vernova (GEV) concluded the recent trading session at $229.93, signifying a +1.92% move from its prior day's close.

GE Vernova (GEV) Outperforms Broader Market: What You Need to Know

Barclays analyst Julian Mitchell is bullish on GE Vernova because of the company's exposure to booming demand for power-generation and electricity-transmission technologies.

More Reasons to Buy GE Vernova Stock, Says Barclays

GE Vernova (GEV) closed at a record high Thursday after the recent General Electric spin-off reaffirmed its full-year financial guidance.

Why GE Vernova Stock Jumped to a Record High on Thursday

GE Vernova's stock pulled an intraday U-turn to trade at fresh highs on Thursday, after the renewable-energy company trimmed its outlook for third-quarter profitability but affirmed its full-year outlook.

GE Vernova's stock reverses toward new highs after an update on profitability

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Evercore analyst James West sees opportunities in companies working to address some of the issues facing the electrical industry, including the extreme stress on the power grid.

GE Vernova and 4 Other Stocks to Play the Surge in Electricity Demand

Shares of energy business GE Vernova LLC NYSE: GEV surged to all-time highs at the end of August, the first time the firm's stock ascended to $200 per share since it was spun off from parent company General Electric Co. NYSE: GE several months prior. The recent uptick in share price may be most closely linked to a massive increase in global power demand thanks to economic growth, the proliferation of new technologies making use of sizable quantities of electric power, and summer heatwaves.

GE Vernova's Rally Could Continue as Wind Business Gains Ground

GE Vernova (GEV) concluded the recent trading session at $198.44, signifying a -0.6% move from its prior day's close.

GE Vernova (GEV) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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GE Vernova (GEV) shares rose Wednesday as the power company received a "buy" rating from Jefferies analysts, who said the company is "uniquely positioned" to benefit from the surging demand for power across the globe to power facilities like data centers.

GE Vernova Stock Rises as Analysts Deliver Bullish Call Amid Surge in Power Demand

An analyst now covering the stock appears to be the most bullish of them all.

GE Vernova Gets a Bold Call From Wall Street. The Stock Is Jumping.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?

U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing joint venture from state-owned Dussur.

GE Vernova buys remaining stake in Saudi JV from Dussur

Energy equipment maker GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated and blamed the latest mishap on strong winds.

GE Vernova blames latest offshore wind blade failure on high winds, shares rise

GE Vernova (GEV) shares jumped Thursday to their all-time high after William Blair analyst Jed Dorsheimer initiated coverage of the power-generation equipment and services company with an "outperform" rating, citing the demand for energy to run artificial intelligence (AI) products.

GE Vernova Stock Hits Record High Amid AI Power Demand Optimism

GEV rides on rising electricity demand and enhancing grid modernization efforts, despite inflation pressure and the challenges it faces in the wind market.

GE Vernova Stock Surges 31% YTD: Should You Buy Now or Later?

William Blair analyst Jed Dorsheimer launched coverage of GE Vernova stock with a Buy rating. Now 74% of analysts covering the electricity-production technology firm are bullish.

Buy GE Vernova Stock Because of a Fossil Fuel, Says Analyst

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GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.

GE Vernova falls after turbine blade failure at offshore UK wind farm

GE Vernova is highly leveraged to global catalysts such as increasing electricity and natural gas usage. The firm's impressive second-quarter results show that it is already benefiting from these trends. GE Vernova's valuation is attractive, making it a buy for medium-to-long-term investors.

GE Vernova: Positive Macro Catalysts Are Likely To Boost The Stock

An upgrade of Enphase appears to be lifting shares of other companies tied to green energy.

GE Vernova Stock Is Rising. Thank Enphase.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

News for GE Vernova LLC Stock (GEV)