GEV

GE Vernova

$990.29

+0.85%
Jul 31, 2026
Bobby Quantitative Model
GE Vernova Inc. is a global leader in the electric power industry, providing products and services across power generation, wind, and electrification segments, including gas turbines, nuclear, hydroelectric, onshore and offshore wind, grid solutions, and power conversion. As a spin-off from General Electric, it holds a distinct competitive position as a pure-play energy infrastructure company, uniquely positioned to benefit from the electrification of the global economy and the surging demand for power from AI data centers. The current investor narrative centers on the company's role as a critical enabler of AI infrastructure, with gas turbines and grid solutions in high demand, though recent volatility reflects concerns about wind segment losses and the pace of margin expansion. The stock has been a standout performer since its listing, but recent price action suggests a market debating the sustainability of its growth trajectory amid broader energy transition dynamics.

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GEV 12-Month Price Forecast

Historical Price
Current Price $990.29
Average Target $990.29
High Target $1138.83
Low Target $841.75

Wall Street consensus

Most Wall Street analysts maintain a constructive view on GE Vernova's 12-month outlook, with a consensus price target around $1231.48 and implied upside of +24.4% versus the current price.

Average Target

$1231.48

0 analysts

Implied Upside

+24.4%

vs. current price

Analyst Count

covering this stock

Price Range

$836 - $1450

Analyst target range

GE Vernova is covered by 34 analysts, with a consensus recommendation of 'Buy' and a mean recommendation score of 1.58 (where 1 is Strong Buy and 5 is Sell). The average target price is $1,233.10, implying an upside of approximately 24.5% from the current price of $990.29. The distribution of ratings is bullish, with no Sell ratings and a majority of Buy/Overweight ratings, as evidenced by recent actions from firms like Jefferies (Buy), Barclays (Overweight), and RBC Capital (Outperform). This strong consensus suggests that analysts see significant value in the stock despite recent volatility.

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GEV Technical Analysis

GE Vernova's stock has exhibited a powerful long-term uptrend, with a 1-year price change of +49.98%, significantly outperforming the S&P 500's +18.19% over the same period. The current price of $990.29 sits at approximately 82.8% of its 52-week range (between $530.16 low and $1,195.94 high), indicating that while the stock has pulled back from its highs, it remains in the upper portion of its historical range, reflecting strong underlying momentum. This positioning suggests that the market still views the stock favorably, but the recent decline from the peak could signal a period of consolidation or a potential correction if support levels fail to hold.

Beta

0.94

0.94x market volatility

Max Drawdown

-24.6%

Largest decline past year

52-Week Range

$530-$1196

Price range past year

Annual Return

+50.0%

Cumulative gain past year

PeriodGEV ReturnS&P 500
1m-12.7%+0.3%
3m-6.8%+4.0%
6m+36.3%+8.3%
1y+50.0%+20.2%
ytd+45.7%+9.6%

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GEV Fundamental Analysis

GE Vernova's revenue trajectory has been robust, with the most recent quarter (Q1 2026) reporting revenue of $9.339 billion, a 16.14% year-over-year increase from $8.041 billion in Q1 2025. This growth is accelerating, as the prior quarter (Q4 2025) saw revenue of $10.956 billion, up from $10.558 billion in Q4 2024, a 3.8% increase, indicating a strong pickup in demand. The growth is driven by the Power and Electrification segments, with Power segment revenue of $11 million (likely a placeholder) and product revenue of $5.254 billion, while the wind segment remains a drag, as highlighted in recent news. The company's ability to sustain double-digit growth is a key positive for the investment case, though the wind segment's losses could temper overall profitability.

Quarterly Revenue

$9.3B

2026-03

Revenue YoY Growth

+16.1%

YoY Comparison

Gross Margin

19.1%

Latest Quarter

Free Cash Flow

$7.5B

Last 12 Months

Revenue & Net Income Trends (2 Years)

Revenue Breakdown

Power Segment
Product
Service

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Valuation Analysis: Is GEV Overvalued?

Given that GE Vernova is profitable, with a trailing net income of $4.745 billion in Q1 2026, the primary valuation metric selected is the price-to-earnings (PE) ratio. The trailing PE is 36.47x, while the forward PE is 39.78x, indicating that the market expects earnings to grow at a slower pace than the current multiple suggests, or that forward earnings estimates are conservative. The gap between trailing and forward PE is relatively small, implying that the market is pricing in modest growth, which is surprising given the company's recent revenue acceleration. This could be due to concerns about the wind segment's losses and the sustainability of high margins.

PE

36.5x

Latest Quarter

vs. Historical

Low-End

5-Year PE Range 9x~94x

vs. Industry Avg

N/A

Industry PE ~N/A*

EV/EBITDA

45.9x

Enterprise Value Multiple