GE Vernova (NYSE:GEV) Issues Earnings Results

GE Vernova (NYSE:GEV) announced its quarterly earnings data on Wednesday. The company reported $2.47 EPS for the quarter, missing analysts’ consensus estimates of $3.17 by ($0.70), Briefing.com reports. The firm had revenue of $11.10 billion during the quarter, compared to the consensus estimate of $10.79 billion. GE Vernova had a net margin of 23.03% and a return on equity of 42.42%. The business’s revenue was up 21.9% on a year-over-year basis. During the same period last year, the business earned $1.86 EPS.

Here are the key takeaways from GE Vernova’s conference call:

• GE Vernova delivered a very strong second quarter, with orders up 88% to $24.2 billion, backlog reaching $176 billion, and management saying it remains on track to approach $200 billion in backlog by 2027.
• Power demand was especially strong: Gas Power signed 20 GW of orders and slot reservation agreements in the quarter, and the company now expects at least 125 GW under contract by year-end with more than half of 2031 production slots already likely sold.
• Electrification continued to outperform, with $2.7 billion of data center orders in the quarter and total first-half data center orders above $5 billion, while equipment backlog rose above $40 billion.
• Profitability and cash generation improved sharply, as adjusted EBITDA margin expanded to 10.5% in the first half and second-quarter free cash flow reached $5.1 billion, helped by strong down payments and working capital benefits.
• Management raised full-year 2026 guidance for revenue and free cash flow, but Wind remains a drag with soft U.S. onshore demand, tariff uncertainty, and expected full-year EBITDA losses of about $400 million.

GE Vernova Trading Up 4.8%

Shares of GE Vernova stock opened at $1,032.16 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.65 and a current ratio of 0.85. The firm has a 50-day moving average of $1,035.16 and a 200-day moving average of $921.40. GE Vernova has a 52-week low of $530.16 and a 52-week high of $1,195.94. The stock has a market cap of $277.36 billion, a PE ratio of 29.54, a PEG ratio of 3.63 and a beta of 1.09.

GE Vernova Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s dividend payout ratio (DPR) is currently 5.83%.

Insider Transactions at GE Vernova

In other GE Vernova news, CAO Matthew Joseph Potvin sold 2,333 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the transaction, the chief accounting officer owned 3,549 shares in the company, valued at $3,758,710.41. This represents a 39.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Victor Abate sold 4,819 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $948.08, for a total transaction of $4,568,797.52. Following the transaction, the chief executive officer directly owned 1,835 shares in the company, valued at $1,739,726.80. This represents a 72.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On GE Vernova

A number of large investors have recently added to or reduced their stakes in GEV. Mcguire Capital Advisors Inc. bought a new stake in shares of GE Vernova during the 4th quarter valued at $109,000. Compound Planning Inc. increased its position in shares of GE Vernova by 24.0% in the fourth quarter. Compound Planning Inc. now owns 3,584 shares of the company’s stock worth $2,343,000 after purchasing an additional 693 shares during the period. TMB Capital Partners LLC acquired a new position in GE Vernova in the fourth quarter valued at about $310,000. Axxcess Wealth Management LLC raised its stake in GE Vernova by 1.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 6,654 shares of the company’s stock valued at $4,349,000 after purchasing an additional 94 shares in the last quarter. Finally, Birchwood Financial Partners Inc. bought a new stake in GE Vernova during the fourth quarter worth about $61,000.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on GEV. Oppenheimer boosted their price target on GE Vernova from $1,303.00 to $1,338.00 and gave the stock an “outperform” rating in a research report on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $1,328.00 price objective on shares of GE Vernova in a research report on Friday, April 24th. Argus set a $1,300.00 target price on GE Vernova in a research note on Monday, April 27th. Barclays increased their price target on GE Vernova from $993.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada raised their price target on GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,124.12.

GE Vernova News Roundup

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

• Positive Sentiment: GE Vernova received multiple price-target hikes from major banks, including JPMorgan, Morgan Stanley, and TD Cowen, signaling continued Wall Street confidence in the company’s long-term outlook and AI/data-center power demand. Benzinga analyst target updates
• Positive Sentiment: A bullish “Power Inflow” trading alert and reports that the stock closed higher suggest buyers stepped in after the post-earnings selloff, helping support the shares. GE Vernova Shares Hit Intraday High, Close Higher After Key Trading Signal
• Positive Sentiment: Recent coverage highlighted strong Q2 bookings, a record backlog of more than $176 billion, and raised full-year revenue and free-cash-flow guidance, which supports the bullish AI-power and grid-electrification story. GE Vernova Q2 Earnings Call Highlights Bigger Capacity Push
• Neutral Sentiment: GE Vernova was also mentioned in broader articles about industrials, AI infrastructure, and long-term compounders, reinforcing its role as a key energy-infrastructure beneficiary rather than providing a company-specific catalyst. Motley Fool article
• Negative Sentiment: Investors are still focused on the Q2 earnings miss, which triggered a sharp selloff as profit came in below expectations despite solid revenue growth and strong orders. GE Vernova (NYSE:GEV) Trading Down 8.1% on Disappointing Earnings
• Negative Sentiment: The wind segment remains a drag, with widening losses and tariff-related cost concerns overshadowing the upbeat backlog and demand outlook. GE Vernova shares fall as wind losses overshadow record backlog and data center demand

About GE Vernova

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.