GE Vernova Inc. (NYSE:GEV) Receives $152.25 Consensus PT from Analysts

GE Vernova Inc. (NYSE:GEV) has earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $158.38.

GEV has been the subject of several recent analyst reports. Evercore ISI initiated coverage on GE Vernova in a report on Thursday, April 18th. They issued an “outperform” rating and a $174.00 price target for the company. Mizuho initiated coverage on GE Vernova in a report on Monday, April 15th. They issued a “buy” rating and a $154.00 price target for the company. Raymond James initiated coverage on GE Vernova in a report on Wednesday, April 17th. They issued an “outperform” rating and a $160.00 price target for the company. BNP Paribas assumed coverage on GE Vernova in a report on Wednesday, April 17th. They issued an “outperform” rating and a $177.00 price target for the company. Finally, The Goldman Sachs Group assumed coverage on GE Vernova in a report on Tuesday, April 16th. They set a “buy” rating and a $154.00 price objective for the company.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in GE Vernova during the first quarter valued at approximately $478,000. Maryland State Retirement & Pension System acquired a new position in GE Vernova during the first quarter valued at approximately $2,892,000. Finally, Anderson Hoagland & Co. acquired a new position in GE Vernova during the first quarter valued at approximately $1,720,000.

GE Vernova Stock Performance

Shares of GE Vernova stock opened at $147.82 on Wednesday. GE Vernova has a 1 year low of $115.00 and a 1 year high of $152.48.

GE Vernova Company Profile

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.