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GE Vernova Inc. (GEV)
NYSE:GEV
GE Vernova Inc. (GEV) Stock Price & Analysis
534 Followers
GEV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$115.00 - $185.50
Previous Close$163.34
Volume2.55M
Average Volume (3M)3.33M
Market Cap
$44.77B
Enterprise Value$45.78B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.33
Next Earnings
Jul 24, 2024EPS Estimate
$0.73Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding274,085,523
10 Day Avg. Volume3,553,875
30 Day Avg. Volume3,331,230
Standard Deviation0.01
R-Squared1.00
Alpha0.13
Financial Highlights & Ratios
Price to Book (P/B)13.46
Price to Sales (P/S)1.45
Price to Cash Flow (P/CF)-27.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.31
Enterprise Value/Gross Profit9.50
Enterprise Value/Ebitda270.86
Forecast
1Y Price Target
$184.31Price Target Upside12.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
GE Vernova Inc. News
Bulls Say, Bears Say
Bulls Say
Market PositionGE Vernova benefits from leadership in the gas power business that generates recurring and increasing cash flow.
ProfitabilityWind is at an inflection point with a path to profitability due to pricing power and onshore demand growth in their home market (US).
Revenue GrowthRevenue growth is driven by higher equipment and services revenue in gas.
Bears Say
Financial PerformanceFree cash flow was -$661 million, which is worse than the consensus expectation of -$500 million.
Operational RisksElectrification EBITDA margin lags behind the power business and peers, primarily due to legacy contracts and higher exposure to Europe.
RevenueOnshore Wind revenue dropped by 26%, negatively impacted by the winding down of lower-margin international operations.
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Ownership Overview
0.01% Insiders
3.54% Mutual Funds
19.54% Other Institutional Investors
76.91% Public Companies and Individual Investors
GEV FAQ
What was GE Vernova Inc.’s price range in the past 12 months?
GE Vernova Inc. lowest stock price was $115.00 and its highest was $185.50 in the past 12 months.
What is GE Vernova Inc.’s market cap?
Currently, no data Available
When is GE Vernova Inc.’s upcoming earnings report date?
GE Vernova Inc.’s upcoming earnings report date is Jul 24, 2024 which is in 2 days.
How were GE Vernova Inc.’s earnings last quarter?
GE Vernova Inc. released its earnings results on Apr 25, 2024. The company reported -$0.41 earnings per share for the quarter, beating the consensus estimate of -$0.48 by $0.07.
Is GE Vernova Inc. overvalued?
According to Wall Street analysts GE Vernova Inc.’s price is currently Undervalued.
Does GE Vernova Inc. pay dividends?
GE Vernova Inc. does not currently pay dividends.
What is GE Vernova Inc.’s EPS estimate?
GE Vernova Inc.’s EPS estimate is $0.73.
How many shares outstanding does GE Vernova Inc. have?
GE Vernova Inc. has 274,085,500 shares outstanding.
What happened to GE Vernova Inc.’s price movement after its last earnings report?
GE Vernova Inc. reported an EPS of -$0.41 in its last earnings report, beating expectations of -$0.48. Following the earnings report the stock price went up 1.457%.
Which hedge fund is a major shareholder of GE Vernova Inc.?
Among the largest hedge funds holding GE Vernova Inc.’s share is D1 Capital Partners LP. It holds GE Vernova Inc.’s shares valued at 96M.
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GE Vernova Inc. Stock Smart Score
Company Description
GE Vernova Inc.
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, orchestrate, convert, and store electricity. We design, manufacture, deliver, and service technologies to create a more reliable and sustainable electric power system, enabling electrification and decarbonization, underpinning the progress and prosperity of the communities we serve. We are a purpose-built company, uniquely positioned with a scope and scale of solutions to accelerate the energy transition, while servicing and growing our installed base and strengthening our own profitability and shareholder returns. We have a strong history of innovation which is a key strength enabling us to meet our customers¿ needs.
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GEV Company Deck
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GEV Earnings Call
Q1 2024
0:00 / 0:00
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GEV Stock 12 Month Forecast
Average Price Target
$184.31
▲(12.84% Upside)
Technical Analysis
Best Analysts Covering GEV
1 Year
1 Year Success Rate
2/3 ratings generated profit
1 Year Average Return
+7.37%
reiterated a buy rating 10 days ago
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