JPMorgan Chase & Co. Issues Pessimistic Forecast for GE Vernova (NYSE:GEV) Stock Price

GE Vernova (NYSE:GEV) had its price target decreased by investment analysts at JPMorgan Chase & Co. from $1,150.00 to $1,035.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 16.30% from the stock’s previous close.

A number of other analysts have also recently commented on the company. Oppenheimer restated an “outperform” rating on shares of GE Vernova in a research report on Wednesday. Evercore restated an “outperform” rating and issued a $1,350.00 price target on shares of GE Vernova in a report on Thursday, October 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Vernova in a report on Monday, October 19th. Guggenheim restated a “buy” rating and set a $1,450.00 price target on shares of GE Vernova in a research note on Tuesday, October 13th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $1,200.00 price objective on shares of GE Vernova in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, GE Vernova presently has an average rating of “Moderate Buy” and a consensus target price of $1,148.20.

GE Vernova Stock Up 1.4%

GEV stock traded up $11.90 during trading on Thursday, hitting $889.93. 3,469,234 shares of the stock traded hands, compared to its average volume of 2,685,849. GE Vernova has a 1 year low of $530.16 and a 1 year high of $1,195.94. The firm’s 50 day moving average is $939.01 and its two-hundred day moving average is $937.93. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.85 and a quick ratio of 0.62. The stock has a market cap of $237.02 billion, a price-to-earnings ratio of 25.47, a price-to-earnings-growth ratio of 2.82 and a beta of 1.14.

GE Vernova (NYSE:GEV) last released its quarterly earnings data on Wednesday, October 28th. The company reported $4.81 EPS for the quarter, topping the consensus estimate of $4.03 by $0.78. The company had revenue of $12.64 billion during the quarter, compared to the consensus estimate of $11.99 billion. GE Vernova had a return on equity of 42.42% and a net margin of 23.03%. GE Vernova’s revenue for the quarter was up 26.8% on a year-over-year basis. During the same period last year, the company earned $1.64 EPS. On average, sell-side analysts anticipate that GE Vernova will post 15.04 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GEV. B. Metzler seel. Sohn & Co. AG boosted its position in shares of GE Vernova by 37.7% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 23,080 shares of the company’s stock worth $27,116,000 after purchasing an additional 6,313 shares in the last quarter. BG Investment Services LLC purchased a new position in GE Vernova during the 3rd quarter worth $3,348,000. Citizens Financial Group Inc. RI acquired a new position in GE Vernova during the 2nd quarter valued at about $8,337,000. Sapient Capital LLC increased its position in GE Vernova by 31.4% during the 2nd quarter. Sapient Capital LLC now owns 76,038 shares of the company’s stock valued at $89,372,000 after buying an additional 18,188 shares in the last quarter. Finally, Processus Wealth & Capital Management LLC purchased a new stake in GE Vernova in the second quarter valued at about $2,699,000.

GE Vernova News Roundup

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

• Positive Sentiment: Q3 results exceeded expectations: GE Vernova reported adjusted earnings of $4.81 per share versus the $4.03 consensus estimate, while revenue reached $12.64 billion, up 26.8% year over year and above the $11.99 billion forecast. GE Vernova Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Backlog and guidance strengthened: Total backlog rose to approximately $197 billion, orders reportedly increased 96%, and management raised its 2026 outlook for the third consecutive quarter. The company also expanded its share-repurchase authorization and generated strong free cash flow. GE Vernova’s $197 Billion Backlog, $9 Billion Acquisition, and One Clear Strategy
• Positive Sentiment: AI-related demand is improving pricing power: Customers are reserving gas-turbine production slots years in advance, helping drive reported price increases of roughly 50%. This could support margins and visibility in GE Vernova’s Power segment. AI Data Centers Have Driven Gas Turbine Prices Up 50%
• Positive Sentiment: $9 billion Trench acquisition expands the growth opportunity: Buying high-voltage equipment maker Trench Group would broaden GE Vernova’s Electrification portfolio and increase its exposure to grid expansion and rising electricity demand. Susquehanna maintained a Positive rating with a $1,250 target, while Bernstein reaffirmed Outperform with a $1,298 target. GE Vernova to Acquire Trench Group
• Neutral Sentiment: Analyst views are diverging: Citigroup reduced its price target from $1,125 to $1,000 and assigned a Neutral rating, although the revised target remains above the recent trading level. Citigroup GE Vernova rating
• Negative Sentiment: Investors remain concerned about order conversion: Despite the record backlog, new order signings and production-slot reservations reportedly fell short of elevated expectations, raising questions about backlog timing and quality. That concern has limited the stock’s response to the earnings beat and guidance increase. GE Vernova’s Reservations Are Turning Into Real Orders

GE Vernova Company Profile

GE Vernova Inc (NYSE: GEV) is an energy technology company focused on helping generate, transmit, store and deliver electricity. The company serves utilities, power producers, grid operators, commercial and industrial customers, and other energy-sector participants worldwide.

Its business is organized around three primary areas: Power, Wind and Electrification. Power provides technologies and services for gas and steam power generation, hydropower, nuclear power and other energy systems.