The latest trading day saw GE Vernova (GEV) settling at $484.31, representing a -0.78% change from its previous close.
GE Vernova surges 47.5% YTD, driven by a series of positive developments, including a major Saudi turbine deal.
In the latest trading session, GE Vernova (GEV) closed at $472.98, marking a +0.38% move from the previous day.
Recently, Zacks.com users have been paying close attention to GE Vernova (GEV). This makes it worthwhile to examine what the stock has in store.
GE Vernova Inc. is experiencing robust backlog and order growth, driven by surging demand for gas turbines to power data centers and global energy needs. Management is aggressively expanding gas turbine capacity beginning in e2h26 as demand for natural gas turbines expands in support of industrial and data center power needs. Management is accelerating cost reductions in order to mitigate tariff risk, targeting $2-2.5B in free cash flow for FY25 and strong margin improvement.
Staying invested in both GEV and SMNEY should be beneficial. Yet, given GEV's stronger ROE, it might be a better choice for your portfolio.
GE Vernova (GEV) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Susquehanna analyst Charles Minervino raised his GE Vernova price target to a Street-high $499 on Wednesday.
Investors interested in GEV stock should wait for a better entry point, considering its premium valuation.
Zacks.com users have recently been watching GE Vernova (GEV) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
For investors who prioritize efficiency and profitability, GEV could be the better choice, but for those seeking a more diversified play, SMNEY may be appropriate.
GE Vernova Inc. (NYSE:GEV ) Q1 2025 Results Conference Call April 23, 2025 7:30 AM ET Company Participants Michael Lapides - Vice President of Investor Relations Scott Strazik - Chief Executive Officer Ken Parks - Chief Financial Officer Conference Call Participants Nicole DeBlase - Deutsche Bank Mark Strouse - JPMorgan Joe Ritchie - Goldman Sachs Chris Dendrinos - RBC Capital Markets Andrew Percoco - Morgan Stanley Nigel Coe - Wolfe Research Julian Mitchell - Barclays Julien Dumoulin-Smith - Jefferies Andrew Obin - Bank of America Andrew Kaplowitz - Citigroup Operator Good day, ladies and gentlemen, and welcome to GE Vernova's First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.