General Electric Company (GE)
Analysts Urge Clients To Buy 10 Stocks Before Year's End
Not sure which S&P 500 stocks to buy before the year's up? Just ask the analysts — they'll tell you.
GE Aerospace: Surging Free Cash Flow Makes This A Top Stock, And I Am Buying
GE Aerospace stock has declined nearly 9% due to concerns over potential government spending cuts, but the company has low defense exposure. EBITDA estimates show minor downward revisions, with annual growth expected at 8.3%, an improvement from earlier estimates. Free cash flow projections have been slightly reduced, but still indicate strong shareholder returns through dividends and share repurchases.
GE Vernova: Valued Like The Magnificent 7, Delivering Like An Industrial
GE Vernova's valuation is excessively high, trading at ~3x revenue, despite modest revenue growth and low profit margins, making it overvalued compared to peers. The wind turbine segment struggles with profitability and faces intense competition, particularly from low-cost Chinese manufacturers, casting doubt on future margins. Medium-term prospects are supported by strong order intake and a growing backlog, especially in gas power for AI data centers, but long-term headwinds are expected.
GE Vernova CEO Scott Strazik on electricity demand: We're very well positioned to serve this market
GE Vernova CEO Scott Strazik joins 'Squawk on the Street' to discuss the surge in company stock since its spin-off from General Electric, state of the electricity market, demand outlook, data centers & nuclear power, and more.
GE Vernova Projects Growth But Notes Challenges In Wind Segment
On Tuesday, GE Vernova GEV hosted its 2024 Investor Update event to present its multi-year financial outlook and frame its capital allocation strategy.
GE Vernova Will Talk Growth Tuesday. Could a Dividend Be Next?
GE Vernova hosts an analyst event Tuesday evening. One holiday gift to investors could be a dividend.
Where Will GE Aerospace Be in 4 Years?
The company that we all once knew as "General Electric" has undergone massive changes over the past couple years. Spinning off first GE HealthCare and then GE Vernova (its energy business), what emerged earlier this year from the chrysalis is a new and reinvented "GE" known as GE Aerospace (GE 1.54%), a specialist in the manufacture of airplane engines for commercial aerospace giants like Boeing and Airbus, and also for the U.S. military.
How GE Vernova plans to deploy small nuclear reactors across the developed world
GE Vernova's small modular reactor, BWRX-300, could play a role in developing more nuclear power over the next decade. The General Electric spinoff is targeting more than $2 billion in annual revenue from its small reactor business by the mid-2030s.
GE reaches $362.5 million shareholder settlement over power unit
General Electric , doing business as GE Aerospace, will pay $362.5 million in cash to resolve a long-running shareholder lawsuit accusing it of hiding risks at its power business, court papers show.
GE Vernova: Leading Energy Transition, Initiate With A Buy
GE Vernova, spun off from General Electric in April 2024, specializes in electric power industry products and services, achieving double-digit organic revenue and order growth. Electrification and decarbonization trends, along with rising data center power needs, present significant growth opportunities for GEV's comprehensive energy solutions. Strong service components, representing 45% of total revenue, drive recurring revenue and significant margin expansion, particularly in the Power and Electrification segments.
GE Aerospace: The Top Aerospace Engine Stock To Buy
GE Aerospace's Q3 earnings showed positive metrics, with order inflow up 28% and adjusted EPS at $1.15, despite revenue falling short of expectations. The company faces supply chain challenges and pressures from key programs like the GE9X and CFM LEAP engines but is addressing these proactively. GE Aerospace has a strong commercial backlog and long-term service contracts, indicating significant long-term value and potential for profitability improvement.
IQ-AI subsidiary Imaging Biometrics expands GE partnership, adds board member - ICYMI
IQ-AI Ltd (LSE:IQAI, OTCQB:IQAIF) earlier this week announced an expanded partnership between its subsidiary, Imaging Biometrics, and GE Healthcare. The agreement will streamline the distribution of IB Neuro and IB Delta T1 platforms, which assist in assessing and treating brain tumours.
