GE Vernova Stock Drops Then Pops After Earnings. Investors Decide What’s Good Enough.
GE Vernova posts quarterly sales of $10.6 billion and Ebitda of $1.1 billion. Wall Street was looking for sales of $10.7 billion, and Ebitda of $1.1 billion.
What Analysts Think of GE Vernova's Stock Ahead of Earnings
GE Vernova is set to report earnings before the market opens Wednesday as the energy company approaches one year since General Electric completed its split into three separate companies.
Utilities Up After Strong Earnings From GE Vernova -- Utilities Roundup
Shares of power producers rose after strong earnings from one power-equipment maker. Shares of alternative-energy-technology provider GE Vernova rose, and have now more than tripled in value during its first year as an independent company amid improving profit margins and order growth for its utility-turbine and wind-power equipment.
GE Vernova: Q4 Earnings Snapshot
GE Vernova Inc. (GEV) on Wednesday reported fourth-quarter earnings of $484 million. On a per-share basis, the Cambridge, Massachusetts-based company said it had net income of $1.73. The results missed Wall Street expectations.
GE Vernova Inc. Bottom Line Climbs In Q4, But Misses Estimates
GE Vernova Inc. (GEV) revealed a profit for its fourth quarter that increased from the same period last year but missed the Street
GE Vernova Stock Slumps as Q4 Revenue, Profit Fall Short of Estimates
GE Vernova (GEV) shares are falling in premarket trading Wednesday after the energy company reported worse-than-expected fourth-quarter results. The company reported net income of $484 million, or $1.
GE Vernova Hits All-time High After Q4 Profit More Than Doubles, Retail’s Still Mixed
GE Vernova’s (GEV) shares rose 1.9% on Wednesday and hit a fresh all-time high after the power equipment maker’s fourth-quarter profit more than doubled. The company reported a net income of $484 million,
GE Vernova posts higher Q4 profit, sees power demand boosting gas, grid business in 2025
GE Vernova on Wednesday reported a rise in fourth-quarter profit as growing need for reliable power boosted demand for its ...
Trump may not like wind power, but Stargate AI plan is a boon for GE Vernova
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will ...
GE Vernova: A Generational Energy Investment Opportunity
GE Vernova has growth potential from data centers, AI, and electrification trends. Check here for an analysis of GEV stock and why we recommend a buy rating.
At GE Vernova, offshore wind in lull, but nuclear and gas plants are hot
SCHENECTADY — GE Vernova raked in $10.6 billion in revenue during the last three months of 2024, up 5% from 2023, the company announced Wednesday. Net income, or profit, during the quarter was $484 ...
GE Vernova Stock Opens at All-Time High as Energy Company Affirms Outlook
GE Vernova shares opened at a new record high Wednesday even though the energy company reported worse-than-expected ...
GE Vernova price target raised to $500 from $446 at Goldman Sachs
Goldman Sachs raised the firm’s price target on GE Vernova (GEV) to $500 from $446 and keeps a Buy rating on the shares. The company’s Q4 ...
GE Vernova's Q4 Was Not Perfect, But Analyst Bumps Up Price Forecast On Continued Orders Strength
BofA Securities raised GE Vernova's target price to $485, while reiterating a Buy rating. Q4 revenue grew 5%, but earnings missed consensus.
GE Vernova Misses EPS, Keeps '25 Outlook
GE Vernova missed analyst expectations on fourth-quarter EPS and revenue, but it maintained its guidance for the coming year.
GE Vernova price target raised to $471 from $420 at BMO Capital
BMO Capital raised the firm’s price target on GE Vernova (GEV) to $471 from $420 and keeps an Outperform rating on the shares. The strong ...
GE Vernova: Supporting India’s Hydrogen-Powered Energy Transition
Through innovation and collaboration, GE Vernova aims to contribute to India’s transition to a sustainable, hydrogen-powered ...
Heard on the Street: Why GE’s Power Spinoff Is Revved Up
GE’s power spinoff started off lukewarm, but is now red hot thanks to tech companies’ AI-driven interest in nuclear and ...