GE Vernova (NYSE:GEV) Shares Up 1.6% – Still a Buy?

GE Vernova Inc. (NYSE:GEV)’s share price traded up 1.6% during trading on Friday . The company traded as high as $949.51 and last traded at $939.2750. 3,990,307 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 2,697,875 shares. The stock had previously closed at $924.93.

GE Vernova News Summary

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

• Positive Sentiment: GE Vernova is reporting record orders and has significantly increased its free-cash-flow outlook. Its backlog, which stood at $176 billion at the end of the second quarter, is expected to exceed $200 billion very early in 2027, signaling strong demand visibility. GE Vernova vs. NextEra Energy: Which Industrials Stock Is a Better Buy in 2026?
• Positive Sentiment: Bernstein defended GE Vernova as “wired to win,” emphasizing that data centers represent only 38% of its electrification order book. The broader mix suggests the company can benefit from utility and grid investment even if artificial-intelligence infrastructure spending slows. Bernstein’s Defense of GE Vernova Doesn’t Answer the Valuation Question
• Positive Sentiment: GE Vernova and Vineyard Wind settled their dispute over the Massachusetts offshore wind project. The agreement ends legal claims involving turbine problems and payments and allows Vineyard Wind 1 to continue full-scale operations, removing a notable overhang. Financial terms were not disclosed, although reports characterized the dispute as worth more than $300 million. Vineyard Wind, GE Vernova End Legal Conflict Over Massachusetts Wind Farm
• Positive Sentiment: Investors also responded favorably to progress on a Texas power-plant project that GE Vernova will supply, reinforcing expectations for growth in gas-power and grid equipment. Why GE Vernova Stock Crushed It on Wednesday
• Neutral Sentiment: The bullish analyst commentary supports the recovery, but Bernstein’s defense does not fully resolve concerns that GE Vernova trades at a demanding valuation. Future gains may depend on converting its large backlog into sustained earnings and cash flow. Why GE Vernova Stock Bumped Higher Today

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets restated an “outperform” rating on shares of GE Vernova in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Vernova in a research report on Tuesday, July 21st. Glj Research began coverage on shares of GE Vernova in a research note on Monday. They issued a “sell” rating and a $470.00 target price for the company. The Goldman Sachs Group raised shares of GE Vernova from a “buy” rating to a “market outperform” rating in a research report on Monday. Finally, Guggenheim upped their price target on shares of GE Vernova from $1,300.00 to $1,450.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,145.83.

GE Vernova Price Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. The stock has a market cap of $250.16 billion, a price-to-earnings ratio of 26.88, a P/E/G ratio of 4.30 and a beta of 1.15. The stock has a fifty day moving average of $983.65 and a 200 day moving average of $984.66.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business had revenue of $11.10 billion during 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, analysts expect that GE Vernova Inc. will post 15.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Auto Owners Insurance Co increased its holdings in GE Vernova by 110,973.4% in the fourth quarter. Auto Owners Insurance Co now owns 34,858,156 shares of the company’s stock valued at $2,278,224,000 after buying an additional 34,826,773 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of GE Vernova during the 2nd quarter worth about $25,569,630,000. Norges Bank purchased a new stake in shares of GE Vernova during the 4th quarter worth about $2,283,114,000. Bank of America Corp DE acquired a new stake in shares of GE Vernova during the 2nd quarter valued at about $2,961,612,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of GE Vernova in the 2nd quarter valued at about $2,497,472,000.

About GE Vernova

GE Vernova Inc (NYSE: GEV) is an energy technology company that provides equipment, software and services for electricity generation, transmission and distribution. Its portfolio is designed to support power systems across a range of energy sources, including natural gas, nuclear, hydroelectric, wind and solar power, as well as battery storage.

The company operates through three primary businesses: Power, Wind and Electrification. Power supplies gas and steam turbines, generators, nuclear power technologies, hydroelectric equipment and related maintenance services.