Q4 Earnings Estimate for GE Vernova Issued By William Blair

GE Vernova Inc. (NYSE:GEV) – Research analysts at William Blair lifted their Q4 2024 earnings per share (EPS) estimates for GE Vernova in a report released on Monday, November 18th. William Blair analyst J. Dorsheimer now forecasts that the company will earn $2.51 per share for the quarter, up from their previous estimate of $2.27. William Blair has a “Outperform” rating on the stock. The consensus estimate for GE Vernova’s current full-year earnings is $2.53 per share. William Blair also issued estimates for GE Vernova’s Q3 2025 earnings at $1.83 EPS and Q4 2025 earnings at $2.57 EPS.

Other analysts have also issued reports about the stock. Mizuho upped their price target on shares of GE Vernova from $186.00 to $208.00 and gave the stock an “outperform” rating in a research report on Friday, July 26th. HSBC reaffirmed a “hold” rating and issued a $255.00 target price (up from $240.00) on shares of GE Vernova in a report on Friday, October 4th. The Goldman Sachs Group lifted their price target on GE Vernova from $220.00 to $308.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Royal Bank of Canada upped their price objective on GE Vernova from $262.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Guggenheim began coverage on GE Vernova in a research report on Tuesday, September 24th. They issued a “buy” rating and a $300.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $264.55.

GE Vernova Trading Up 4.5 %

Shares of GE Vernova stock opened at $339.92 on Tuesday. GE Vernova has a 12-month low of $115.00 and a 12-month high of $349.79. The business’s 50 day moving average is $278.72 and its 200-day moving average is $211.66.

Hedge Funds Weigh In On GE Vernova

Several hedge funds have recently bought and sold shares of GEV. Waverton Investment Management Ltd increased its stake in GE Vernova by 10.0% in the third quarter. Waverton Investment Management Ltd now owns 727,704 shares of the company’s stock valued at $185,459,000 after acquiring an additional 66,455 shares during the last quarter. Hanlon Investment Management Inc. bought a new position in shares of GE Vernova in the 3rd quarter valued at $1,101,000. Atria Investments Inc increased its stake in shares of GE Vernova by 127.0% in the 3rd quarter. Atria Investments Inc now owns 5,088 shares of the company’s stock valued at $1,297,000 after purchasing an additional 2,847 shares during the last quarter. Aspire Private Capital LLC acquired a new position in shares of GE Vernova during the 2nd quarter worth $40,000. Finally, Legal & General Group Plc bought a new stake in shares of GE Vernova during the 2nd quarter worth $293,699,000.

About GE Vernova

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.