Erste Group Bank Decreases Earnings Estimates for GE Vernova

GE Vernova Inc. (NYSE:GEV) – Analysts at Erste Group Bank cut their FY2027 earnings estimates for GE Vernova in a research report issued on Friday, September 18th. Erste Group Bank analyst H. Engel now anticipates that the company will post earnings of $24.55 per share for the year, down from their prior estimate of $24.64. The consensus estimate for GE Vernova’s current full-year earnings is $15.36 per share.

GEV has been the subject of a number of other research reports. JPMorgan Chase & Co. raised their price objective on GE Vernova from $1,302.00 to $1,330.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Royal Bank Of Canada increased their target price on GE Vernova from $1,195.00 to $1,225.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. TD Cowen raised their price target on shares of GE Vernova from $1,220.00 to $1,235.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. The Goldman Sachs Group upgraded shares of GE Vernova from a “buy” rating to a “market outperform” rating in a research note on Monday, September 14th. Finally, Mizuho raised their price objective on shares of GE Vernova from $913.00 to $949.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, GE Vernova presently has an average rating of “Moderate Buy” and a consensus price target of $1,145.83.

GE Vernova Trading Up 0.7%

NYSE:GEV opened at $947.23 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.85. GE Vernova has a one year low of $530.16 and a one year high of $1,195.94. The business’s 50-day simple moving average is $978.71 and its 200 day simple moving average is $985.80. The stock has a market cap of $252.28 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 4.37 and a beta of 1.15.

GE Vernova (NYSE:GEV) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.17 by ($0.70). The firm had revenue of $11.10 billion for the quarter, compared to analysts’ expectations of $10.79 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%.The business’s quarterly revenue was up 21.9% on a year-over-year basis. During the same period last year, the firm earned $1.86 EPS.

Institutional Investors Weigh In On GE Vernova

Several institutional investors and hedge funds have recently made changes to their positions in GEV. Silicon Valley Capital Partners lifted its stake in GE Vernova by 2,636.9% during the second quarter. Silicon Valley Capital Partners now owns 11,057 shares of the company’s stock worth $12,991,000 after purchasing an additional 10,653 shares during the last quarter. Security National Bank of SO Dak bought a new stake in GE Vernova during the second quarter valued at $52,000. Security National Bank of Sioux City Iowa IA bought a new stake in GE Vernova during the second quarter valued at $74,000. Anchor Investment Management LLC raised its holdings in shares of GE Vernova by 31.0% during the second quarter. Anchor Investment Management LLC now owns 2,109 shares of the company’s stock worth $2,478,000 after purchasing an additional 499 shares during the period. Finally, Bullseye Investment Management LLC bought a new position in shares of GE Vernova in the 2nd quarter worth about $308,000.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: Chief Executive Scott Strazik said GE Vernova’s backlog could reach $200 billion as soon as early 2027, ahead of prior expectations, compared with approximately $167 billion currently. The company cited strong, durable demand, which could provide multiyear revenue visibility. GE Vernova’s $200 Billion Backlog Is Coming Sooner Than Expected
• Positive Sentiment: Analysts’ average price target has climbed to about $1,237, and the stock was recently trading roughly 32% below that consensus target. The increase in targets suggests Wall Street expects continued execution and growth despite recent volatility tied to a broader artificial-intelligence stock selloff. Wall Street Just Got More Bullish on GE Vernova
• Positive Sentiment: International cooperation could expand the U.S. nuclear market. Reports that South Korea may help construct as many as eight U.S. reactors reinforce the broader nuclear-renewal trend, potentially benefiting suppliers with established power-generation expertise such as GE Vernova. International Alliances Fuel US Nuclear Growth
• Positive Sentiment: GE Vernova’s backlog may make it more resilient than many industrial companies if higher interest rates temporarily weaken economic activity. Commentary also pointed to an acceleration in customer orders, supporting the company’s growth outlook. What Higher Interest Rates Mean for Caterpillar, GE Vernova, and Vertiv
• Neutral Sentiment: Wall Street remains unusually divided, with published price targets ranging from $470 to $1,450. The wide spread reflects differing views on GE Vernova’s growth rate, margins, valuation and the sustainability of power-demand trends. Wall Street Can’t Agree on GE Vernova
• Negative Sentiment: Erste Group Bank reduced its fiscal 2027 EPS estimate, creating a modest headwind for the shares and highlighting the risk that strong backlog growth may take time to translate into earnings. FY2027 EPS Estimates for GE Vernova Cut by Erste Group Bank

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.