GE Vernova (GEV) Stock Forecast, Price Target & Predictions
GEV Stock Forecast
GE Vernova stock forecast is as follows: an average price target of $236.32 (represents a -13.12% downside from GEV’s last price of $272.00) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
GEV Price Target
The average price target for GE Vernova (GEV) is $236.32 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $336.00 to $160.00. This represents a potential -13.12% downside from GEV's last price of $272.00.
GEV Analyst Ratings
According to 16 Wall Street analysts, GE Vernova's rating consensus is 'Buy'. The analyst rating breakdown for GEV stock is 0 'Strong Buy' (0.00%), 12 'Buy' (75.00%), 4 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
GE Vernova Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Julian Dumoulin-Smith | Jefferies | $336.00 | $272.00 | 23.53% | 23.53% |
| Oct 04, 2024 | Sean McLoughlin | HSBC | $255.00 | $261.61 | -2.53% | -6.25% |
| Sep 26, 2024 | Jordan Levy | Truist Financial | $300.00 | $255.05 | 17.62% | 10.29% |
| Sep 20, 2024 | Julien Dumoulin-Smith | Jefferies | $293.00 | $247.39 | 18.44% | 7.72% |
| Sep 17, 2024 | Andrew Obin | Bank of America Securities | $300.00 | $229.93 | 30.47% | 10.29% |
| Sep 16, 2024 | Maheep Mandloi | Mizuho Securities | $241.00 | $225.59 | 6.83% | -11.40% |
| Sep 16, 2024 | Julian Mitchell | Barclays | $250.00 | $225.59 | 10.82% | -8.09% |
| Sep 13, 2024 | Andrew Percoco | Morgan Stanley | $256.00 | $215.27 | 18.92% | -5.88% |
| Sep 13, 2024 | Ameet Thakkar | BMO Capital | $245.00 | $215.27 | 13.81% | -9.93% |
| Sep 12, 2024 | Joe Ritchie | Goldman Sachs | $220.00 | $214.58 | 2.53% | -19.12% |
The latest GE Vernova stock forecast, released on Oct 17, 2024 by Julian Dumoulin-Smith from Jefferies, set a price target of $336.00, which represents a 23.53% increase from the stock price at the time of the forecast ($272.00), and a 23.53% increase from GEV last price ($272.00).
GE Vernova Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 4 | 14 | 24 |
| Avg Price Target | $296.00 | $257.14 | $221.02 |
| Last Closing Price | $272.00 | $272.00 | $272.00 |
| Upside/Downside | 8.82% | -5.46% | -18.74% |
In the current month, the average price target of GE Vernova stock is $296.00, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 8.82% increase as opposed to GE Vernova's last price of $272.00. This month's average price target is up 15.11% compared to last quarter, and up 33.92% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Jefferies | Buy | Buy | Hold |
| Oct 14, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 04, 2024 | Macquarie | - | Neutral | Downgrade |
| Oct 04, 2024 | HSBC | Buy | Hold | Downgrade |
| Oct 03, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 02, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 02, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Sep 26, 2024 | Oppenheimer | - | Perform | Initialise |
| Sep 24, 2024 | Guggenheim | - | Buy | Initialise |
| Sep 20, 2024 | Jefferies | Buy | Buy | Hold |
GE Vernova's last stock rating was published by Jefferies on Oct 17, 2024. The company gave GEV a "Buy" rating, the same as its previous rate.
GE Vernova Financial Forecast
GE Vernova Revenue Forecast
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GE Vernova EBITDA Forecast
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GE Vernova Net Income Forecast
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GE Vernova SG&A Forecast
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GE Vernova's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to GEV last annual SG&A of $NaN (undefined).
GE Vernova EPS Forecast
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According to undefined Wall Street analysts, GE Vernova's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to GEV previous annual EPS of $NaN (undefined).
GEV Forecast FAQ
Is GE Vernova a good buy?
Yes, according to 16 Wall Street analysts, GE Vernova (GEV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 75.00% of GEV's total ratings.
What is GEV's price target?
GE Vernova (GEV) average price target is $236.32 with a range of $160 to $336, implying a -13.12% from its last price of $272. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will GE Vernova stock go up soon?
According to Wall Street analysts' prediction for GEV stock, the company can go down by -13.12% (from the last price of $272 to the average price target of $236.32), up by 23.53% based on the highest stock price target, and down by -41.18% based on the lowest stock price target.
Can GE Vernova stock reach $400?
GEV's average twelve months analyst stock price target of $236.32 does not support the claim that GE Vernova can reach $400 in the near future.
What is GE Vernova's current price target trend?
4 Wall Street analysts forecast a $296 price target for GE Vernova (GEV) this month, up 8.82% from its last price of $272. Compared to the last 3 and 12 months, the average price target decreased by -5.46% and decreased by -18.74%, respectively.