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GE Vernova: Powering Up Profits In The Energy Sector

  • GE Vernova is undergoing a continued lean manufacturing strategy and capitalizing on rising power demand to boost margin expansion. The Power and Electrification segments are driving revenue growth with their large installed base and backlog, while the Wind segment aims to turn profitable by 2025. Despite a high forward P/E ratio, GEV's revenue stream and strategic optimizations present a compelling investment opportunity with a 17.03% upside.
    06/24/2024

GE Vernova (GEV) Suffers a Larger Drop Than the General Market: Key Insights

  • The latest trading day saw GE Vernova (GEV) settling at $175.73, representing a -0.82% change from its previous close.
    06/21/2024
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The price of GE Vernova (GEV) is 181.14 and it was updated on 2024-06-25 13:00:37.

Currently GE Vernova (GEV) is in undervalued.

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GE Vernova: Turnaround Made Easier By Increased Pricing Power

  • GE Vernova's turnaround has been boosted by the best demand environment in the last 50 years. Despite modest revenue growth, GE Vernova is expected to drive EPS growth through margin gains and cost-cutting measures, with a potential 42% upside in stock price by 2025. Key to 20% plus cash flow growth is delivering on an EBITDA margin turnaround from 2% in 2023 to 10% in 2026.
    Fri, Jun. 21, 2024

7 Best Stocks For Magnificent Earnings Growth Next Year

  • None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
    Thu, Jun. 20, 2024

Wall Street Favorites: 3 Solar Stocks With Strong Buy Ratings for June 2024

  • The International Energy Agency's Renewables 2023 report highlights the rapid expansion of renewable power capacity worldwide, which grew by 50% in 2023, led by China, Europe, the United States, and Brazil. Solar photovoltaic (PV) and wind accounted for most of this growth, emphasizing the significant potential of strong buy solar stocks.
    Thu, Jun. 20, 2024

GE Vernova (GEV) Stock Dips While Market Gains: Key Facts

  • The latest trading day saw GE Vernova (GEV) settling at $176.17, representing a -0.76% change from its previous close.
    Thu, Jun. 13, 2024

GE Vernova Stock Gets a Neutral Rating. Electricity Demand Isn't Everything.

  • Citi analyst Andrew Kaplowitz launched coverage of GE Vernova stock with a Hold rating and $183 price target.
    Tue, Jun. 11, 2024
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GE Vernova (GEV) Declines More Than Market: Some Information for Investors

  • GE Vernova (GEV) concluded the recent trading session at $160.31, signifying a -1.95% move from its prior day's close.
  • 06/06/2024

Here's Why GE Vernova Stock Soared in May

  • Wall Street analysts believe the company's gas power business could positively surprise the market. GE Vernova looks set for rapid earnings and cash-flow expansion, but much of the optimism appears to be priced in.
  • 06/04/2024

GE Vernova Stock Is on Fire. That Could Bode Well for This Peer.

  • Siemens Energy looks like a lot like GE Vernova, and trades at a big discount.
  • 06/04/2024

Undiscovered Stocks Unleashed: 3 Names the Crowd Hasn't Caught Onto Yet

  • Wall Street actually largely ignores and tremendously underestimates great stocks fairly frequently. And the phenomenon has become even more widespread than usual over the past few years.
  • 06/01/2024

GE Vernova (GEV) Rises But Trails Market: What Investors Should Know

  • GE Vernova (GEV) closed the most recent trading day at $175.90, moving +0.47% from the previous trading session.
  • 05/31/2024

Head to Head Comparison: Sharp (OTCMKTS:SHCAY) & GE Vernova (NYSE:GEV)

  • Sharp (OTCMKTS:SHCAY – Get Free Report) and GE Vernova (NYSE:GEV – Get Free Report) are both consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, risk, analyst recommendations and earnings. Profitability This table compares Sharp and GE Vernova’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Sharp -11.38% -16.19% -2.38% GE Vernova N/A N/A N/A Earnings and Valuation This table compares Sharp and GE Vernova’s top-line revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Sharp $18.86 billion 0.17 -$1.93 billion ($0.74) -1.70 GE Vernova $33.24 billion 1.34 -$438.00 million N/A N/A GE Vernova has higher revenue and earnings than Sharp. Analyst Recommendations This is a breakdown of current ratings for Sharp and GE Vernova, as provided by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Sharp 1 0 0 0 1.00 GE Vernova 0 2 7 0 2.78 GE Vernova has a consensus target price of $158.56, indicating a potential downside of 2.50%. Given GE Vernova’s stronger consensus rating and higher probable upside, analysts clearly believe GE Vernova is more favorable than Sharp. Summary GE Vernova beats Sharp on 9 of the 9 factors compared between the two stocks. About Sharp (Get Free Report) Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. It operates through five segments: Smart Life, 8K Ecosystem, ICT, Display Device, and Electronic Device. The Smart Life segment offers refrigerators, superheated steam ovens, microwave ovens, small cooking appliances, air conditioners, washing machines, vacuum cleaners, air purifiers, electric fans, dehumidifiers, humidifiers, electric heaters, plasmacluster ion generators, beauty appliances, electronic dictionaries, calculators, telephones, network control units, solar cells, storage batteries, etc. The 8K Ecosystem segment provides color televisions, Blu-ray disc recorders, audio equipment, multi-function printers, information displays, commercial projectors, POS system equipment, FA equipment, options/consumables, software, face masks, etc., as well as office-related solutions services. The ICT segment offers mobile phones, personal computers, tablet devices, routers, etc. The Display Device segments provides display modules, in-vehicle cameras, etc. The Electronic Device segment offers camera modules, sensor modules, proximity sensors, dust sensors, wafer foundries, CMOS / CCD sensors, semiconductor lasers, etc. The company was formerly known as Hayakawa Electric Industry Co., Ltd. and changed its name to Sharp Corporation in January 1970. Sharp Corporation was founded in 1912 and is headquartered in Sakai, Japan. About GE Vernova (Get Free Report) GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts. GE Vernova operates as a subsidiary of General Electric Company.
  • 05/20/2024

GE Vernova Stock Analysis: Why GEV Owners Should Take Profits Now

  • Here's an energy company that's old and new at the same time. I'm referring to General Electric (NYSE: GE ) spinoff company GE Vernova (NYSE: GEV ), which may catch the interest of investor looking for highflying stocks.
  • 05/17/2024

3 Electrifying Electrical Equipment Stocks to Supercharge Your Portfolio

  • We're going to need a great deal of new electricity in order to provide power for all of the AI tools. In March, Tesla (NASDAQ: TSLA ) CEO Elon Musk stated that the U.S. would suffer electricity outages in 2025 because of the power consumption of AI.
  • 05/15/2024

Hightower's Stephanie Link explains why the rally in utilities is just the beginning

  • Stephanie Link, Hightower Chief Investment Strategist, joins 'Closing Bell Overtime' to talk the utilities sector taking off recently.
  • 05/10/2024

GE Vernova Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Investment Corporation

  • CAMBRIDGE, Mass--(BUSINESS WIRE)--GE Vernova Inc. (NYSE: GEV) today announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (TRC Capital) to purchase up to 1,000,000 shares of GE Vernova common stock, which represents approximately 0.4% of the shares outstanding, at a price of $155.00 per share in cash. TRC Capital's offer price is 7.39% less than the $167.36 closing price per share of GE Vernova's common stock on May 7, 2024, the last tradi.
  • 05/10/2024

Renewable Risers: 3 Stocks Set to Soar Amid the Electricity Demand Surge

  • Over the past few years, electricity usage in America has increased meaningfully for the first time in two decades. The firm expects that trend to continue going forward, driven by the proliferation of data centers, factories and electric vehicles.
  • 05/09/2024

GE Vernova: Margin Expansion As Power Demand Ramps Up

  • GE Vernova: Margin Expansion As Power Demand Ramps Up
  • 05/09/2024

Here are the AI industrial names powering Big Tech

  • CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.
  • 04/29/2024

GE Created $200 Billion in Stock-Market Value by Breaking Into Pieces

  • Wall Street has hiked the average price target for GE Aerospace stock in the latest stage of upbeat news for longtime investors.
  • 04/29/2024

Forget the Fed. These 3 Stocks Will Soar No Matter What

  • Few experts expect the U.S. Federal Reserve to raise interest rates this year. And Fed Chairman Jerome Powell still has not ruled out the possibility of the central bank cutting rates in 2024.
  • 04/29/2024

GE Vernova Posts Loss in First Results as Standalone Company

  • GE Vernova (GEV) on Thursday posted a quarterly loss in its first earnings report since the separation of General Electric into three companies was completed earlier this month.
  • 04/25/2024

GE Vernova Stock Falls After Earnings Beat. That Makes Sense.

  • GE Vernova stock is down after the company reported better-than-expected first-quarter results. The reaction to Thursday's earnings came on Tuesday.
  • 04/25/2024

General Electric Vernova debuts flat financial results with its first-ever earnings

  • On April 25th, less than one month after becoming an official company, General Electric Vernova reported its first-ever financial results. Unfortunately, in the quarter, GE Vernova orders of $9.7 billion were mostly flat, down 1% organically.
  • 04/25/2024

GE's stock gains, as combined results of GE Aerospace and GE Vernova rose above forecasts

  • Shares of GE Aerospace GE, +1.44% gained 0.7% in premarket trading Tuesday, after the maker of jet engines used in commercial and military aircraft, including Boeing Co. BA, +0.39% planes, reported first-quarter results, including the results of GE Vernova GEV, +1.18% prior to the spinoff, with both profit and revenue rising above expectations. First-quarter net earnings per share fell to $1.39 from $6.71.
  • 04/23/2024

Wall Street's Earnings Blunders: Don't Miss These 3 Mispriced Plays

  • Quite often, the Street ignores important, upcoming catalysts when it sets its estimates and price targets. There are a few reasons, I believe, for that phenomenon.
  • 04/18/2024

GE Vernova to Announce First Quarter 2024 Financial Results on April 25

  • CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova Inc. (NYSE: GEV) is scheduled to announce its first quarter 2024 financial results on Thursday, April 25, 2024, before market open. The company will host a webcast to discuss its financial results at 7:30 AM ET, which can be accessed at https://www.gevernova.com/investors/events/ge-vernova-1st-quarter-2024-earnings-webcast. The earnings press release and accompanying financial information, including reconciliations of non-GAAP financial measures, wi.
  • 04/18/2024

A New Buy Rating Pushes Up GE Vernova Stock, Finally

  • Investors appear to be warming up to the idea that shares of the newly independent company are a Buy.
  • 04/17/2024

Calls of the Day: Uber, GE Vernova and General Motors

  • The Investment Committee debate the latest Calls of the Day.
  • 04/16/2024

1 Wall Street Analyst Just Gave GE Vernova Stock its First Buy Rating Upgrade. Is It Time to Buy Now?

  • There's a good case for why GE Vernova just got its first-ever analyst upgrade. The GE spinoff is focused on power, wind, and electrification in the transition to cleaner energy.
  • 04/10/2024

Trade Tracker: Stephanie Link buys more GE Vernova

  • Stephanie Link, CIO at Hightower, joins CNBC's 'Halftime Report' to explain why she's buying more GE Vernova.
  • 04/09/2024

Three-Stock Lunch: United Airlines, GE Vernova & Gold

  • Victoria Greene, G Squared private wealth founding partner, oins ‘Power Lunch' to discuss plays for three stocks including: United Airlines, GE Vernova and Gold.
  • 04/08/2024

GE Vernova Jumps After Getting First Upgrade From JPMorgan Analysts

  • GE Vernova (GEV) shares jumped in intraday trading Monday after the recently spun-off energy division of conglomerate General Electric received its first upgrade, from JPMorgan (JPM) analysts.
  • 04/08/2024

GE Aerospace still ‘premier' manufacturer after Vernova spin-off - analyst

  • General Electric Co (NYSE:GE) remains a premier aircraft engine manufacturer after its energy wing Vernova was spun off last week, Bank of America analysts have stated. Given a boom in demand for travel following the pandemic, analysts added the firm was entering a “goldilocks period” with “ample demand to capture”.
  • 04/08/2024

GE Vernova's stock gets its first upgrade after 14% pullback in trading debut

  • GE Vernova Inc.'s stock soared 6% Monday, after the renewable energy and power company that was spun off from General Electric Co. got an upgrade to the equivalent of buy from JPMorgan.
  • 04/08/2024

GE Vernova Stock Gets Its First Upgrade to Buy

  • J.P. Morgan analyst Mark Strouse upgraded shares of power-generation firm GE Vernova to Buy from Hold.
  • 04/08/2024

Why GE Vernova Stock Is Trading Like a Hot IPO.

  • Vernova shares are up more than 20% over the past week.
  • 04/03/2024

GE Vernova is perfectly set up for the energy transition, says Jim Cramer

  • 'Mad Money' host Jim Cramer takes a closer look at GE energy spinoff Vernova and his thoughts on the company.
  • 04/02/2024

GE Completes Its Split Into 3 Public Companies as GE Vernova Makes Its Trading Debut

  • General Electric completed its long-awaited split into three separately traded companies Tuesday, with the company's energy division GE Vernova making its trading debut under the "GEV" ticker.
  • 04/02/2024

GEV Stock: 7 Things to Know as GE Vernova Starts Trading Today

  • It's the start of a new chapter for General Electric. For decades, the international conglomerate has been a staple of U.S. industry, adapting to changing economic tides and successfully conquering new frontiers.
  • 04/02/2024

What You Need To Know About GE Vernova's and GE Aerospace's Split Tuesday

  • General Electric (GE) will complete the changes it first announced in 2021 before markets open Tuesday, spinning off its energy-focused division from the aerospace division, with the entities becoming GE Vernova and GE Aerospace, respectively.
  • 04/01/2024

Cleared For Takeoff: GE Split Set To Boost This New Aerospace Name

  • General Electric's split into GE Aerospace and GE Vernova finishes a three-way breakup of the conglomerate. The resulting companies offer investors better targeting in energy, health care and aviation.
  • 04/01/2024

GE Investors Get Some Early Clues to What Vernova Shares Are Worth

  • Trading in General Electric's power-generation spinoff began this week. The spinoff itself takes place on April 2.
  • 03/29/2024

GE Vernova to join S&P 500 next week

  • General Electric Co (NYSE:GE) is set to spinoff its power and renewable energy business GE Vernova next week with the company slated to join the S&P 500 upon its debut. The spinoff is set to take place before the open of US financial markets on Tuesday, April 2 with GE Vernova to commence trading on the New York Stock Exchange under the ticker symbol “GEV.
  • 03/28/2024

GE Vernova, Solventum to join S&P 500 index next week

  • Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.
  • 03/27/2024

These GE and 3M Spinoffs Are Set to Join the S&P 500

  • S&P Dow Jones Indices announced changes to its indexes as of the start of the second quarter.
  • 03/27/2024
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