Wells Fargo & Company Raises GE Vernova (NYSE:GEV) Price Target to $896.00

GE Vernova (NYSE:GEV) had its price target hoisted by equities researchers at Wells Fargo & Company from $831.00 to $896.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 0.05% from the company’s current price.

Several other equities research analysts also recently issued reports on the stock. Barclays restated an “overweight” rating and issued a $849.00 price objective on shares of GE Vernova in a research note on Monday, February 2nd. Weiss Ratings upgraded shares of GE Vernova from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Mizuho set a $714.00 price target on shares of GE Vernova in a research report on Tuesday, February 3rd. Morgan Stanley raised their price target on shares of GE Vernova from $817.00 to $960.00 and gave the stock an “overweight” rating in a research report on Monday, March 23rd. Finally, Robert W. Baird set a $923.00 price objective on shares of GE Vernova and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, GE Vernova currently has an average rating of “Buy” and an average price target of $863.61.

GE Vernova Stock Performance

NYSE GEV opened at $895.52 on Tuesday. The stock has a 50-day simple moving average of $813.93 and a 200 day simple moving average of $687.21. GE Vernova has a twelve month low of $252.25 and a twelve month high of $948.38. The stock has a market capitalization of $241.37 billion, a PE ratio of 50.31, a P/E/G ratio of 3.42 and a beta of 1.43.

GE Vernova (NYSE:GEV) last released its earnings results on Wednesday, January 28th. The company reported $13.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. The firm had revenue of $10.96 billion for the quarter, compared to analyst estimates of $10.21 billion. GE Vernova had a return on equity of 46.91% and a net margin of 12.83%.The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.73 EPS. As a group, equities research analysts forecast that GE Vernova will post 6.59 EPS for the current fiscal year.

Hedge Funds Weigh In On GE Vernova

A number of hedge funds have recently made changes to their positions in the business. Brighton Jones LLC increased its stake in GE Vernova by 29.4% in the fourth quarter. Brighton Jones LLC now owns 3,315 shares of the company’s stock valued at $1,091,000 after acquiring an additional 753 shares during the period. Schnieders Capital Management LLC. raised its position in GE Vernova by 1.7% in the second quarter. Schnieders Capital Management LLC. now owns 1,564 shares of the company’s stock worth $828,000 after purchasing an additional 26 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in GE Vernova during the second quarter worth about $40,000. Smith Moore & CO. boosted its holdings in GE Vernova by 4.8% during the second quarter. Smith Moore & CO. now owns 2,930 shares of the company’s stock valued at $1,551,000 after purchasing an additional 134 shares in the last quarter. Finally, Shelton Capital Management boosted its holdings in GE Vernova by 23.9% during the second quarter. Shelton Capital Management now owns 1,923 shares of the company’s stock valued at $1,018,000 after purchasing an additional 371 shares in the last quarter.

GE Vernova News Summary

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

• Positive Sentiment: Several brokerages raised ratings and targets — Barclays bumped its target to $993 and kept an “overweight” call, signaling meaningful upside; Wells Fargo raised its target to $896 with an “overweight” rating; Evercore lifted its target to $940 and kept an Outperform view. These analyst moves support buying interest. Benzinga price target coverage
• Positive Sentiment: Zacks upgraded GEV from “Hold” to “Strong Buy” and added the stock to its Zacks Rank #1 (Strong Buy) momentum lists — a catalyst that can attract retail and quant flows. Zacks upgrade
• Positive Sentiment: Big‑name investor attention — media pieces noting that billionaire Ray Dalio “admires” the stock can boost sentiment and generate incremental demand from momentum and thematic investors. Ray Dalio coverage
• Positive Sentiment: Commercial demand narrative: reporting on Microsoft, Chevron and Engine No.1’s power deal notes GE Vernova turbines as likely equipment suppliers for new gas‑fired plants serving data centers — a direct demand pipeline for GEV’s turbines and services. Microsoft-Chevron deal
• Neutral Sentiment: Broader sector/competitor news (Terrestrial Energy, Ormat) highlights rising activity in low‑carbon and storage markets — relevant for long‑term market opportunity but not an immediate direct catalyst for GEV. Terrestrial Energy update
• Neutral Sentiment: Valuation/volatility notes: some outlets flagged short‑term pullbacks in late March despite strong multi‑month gains — a reminder that momentum can pause even as fundamentals/implied demand stay supportive. Valuation check

About GE Vernova

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.