Erste Group Bank Forecasts Weaker Earnings for GE Vernova

GE Vernova Inc. (NYSE:GEV) – Equities researchers at Erste Group Bank dropped their FY2027 EPS estimates for shares of GE Vernova in a note issued to investors on Friday, September 18th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $24.55 per share for the year, down from their previous estimate of $24.64. The consensus estimate for GE Vernova’s current full-year earnings is $15.36 per share.

Other equities research analysts also recently issued research reports about the company. The Goldman Sachs Group raised GE Vernova from a “buy” rating to a “market outperform” rating in a report on Monday, September 14th. JPMorgan Chase & Co. increased their target price on GE Vernova from $1,302.00 to $1,330.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Wall Street Zen lowered GE Vernova from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. TD Cowen lifted their price target on GE Vernova from $1,220.00 to $1,235.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Finally, Jefferies Financial Group restated a “buy” rating on shares of GE Vernova in a report on Thursday, September 17th. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,145.83.

GE Vernova Stock Up 0.5%

Shares of NYSE:GEV opened at $950.75 on Monday. The company has a fifty day moving average of $976.39 and a 200-day moving average of $986.56. The company has a market capitalization of $253.21 billion, a PE ratio of 27.21, a price-to-earnings-growth ratio of 4.40 and a beta of 1.15. 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 52-week low of $530.16 and a 52-week high of $1,195.94.

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

Institutional Investors Weigh In On GE Vernova

Institutional investors have recently made changes to their positions in the stock. Cornerstone Financial Management LLC bought a new position in shares of GE Vernova in the fourth quarter worth approximately $25,000. Manning & Napier Advisors LLC raised its holdings in GE Vernova by 68.4% during the 1st quarter. Manning & Napier Advisors LLC now owns 32 shares of the company’s stock valued at $26,000 after buying an additional 13 shares during the last quarter. Commonwealth Retirement Investments LLC bought a new stake in GE Vernova during the 4th quarter valued at $30,000. Entelevest LLC purchased a new stake in GE Vernova during the 4th quarter valued at $30,000. Finally, Parvin Asset Management LLC purchased a new stake in GE Vernova during the 2nd quarter valued at $32,000.

Key Headlines Impacting GE Vernova

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

• Positive Sentiment: CEO Scott Strazik said GE Vernova’s backlog has reached approximately $176 billion and that the company is on track to reach its $200 billion target in “very early” 2027. The CEO also indicated that much of the business is effectively sold out through 2030, reinforcing multiyear revenue visibility. GE Vernova CEO says $200B backlog target now on track
• Positive Sentiment: Analysts and investors increasingly view GE Vernova as a key “bottleneck” supplier for the power infrastructure needed by AI data centers. Strong demand for turbines, grid equipment and related services could support growth well beyond the current cycle. GE Vernova is the AI Energy Bottleneck Player
• Positive Sentiment: The average analyst price target has risen to about $1,237, with the shares trading at a substantial discount to that consensus in recent sessions. However, the thesis depends on backlog conversion and sustained execution. Wall Street Just Got More Bullish on GE Vernova
• Positive Sentiment: Coverage comparing GE Vernova with Oklo presents GEV as the more established industrial investment, supported by existing operations, backlog and nearer-term earnings visibility. GE Vernova Outshines Oklo
• Neutral Sentiment: Wall Street remains sharply divided, with published price targets ranging from $470 to $1,450, highlighting uncertainty over valuation, growth durability and execution. Wall Street Cannot Agree on GE Vernova
• Negative Sentiment: Erste Group Bank reduced its fiscal 2027 EPS estimate, adding a cautious note to the otherwise optimistic backlog narrative. GE Vernova’s latest reported quarter also included an earnings miss, while net income has been volatile because of one-time items. FY2027 EPS Estimates Cut

GE Vernova Company Profile

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.