GE Vernova (NYSE:GEV) Stock Price Up 1.4% After Analyst Upgrade

27 Mar 2026, 18:16 by Jessica Moore · The Cerbat Gem

Shares of GE Vernova Inc. (NYSE:GEV – Get Free Report) traded up 1.4% on Wednesday after Erste Group Bank upgraded the stock to a strong-buy rating. The stock traded as high as $948.38 and last traded at $922.5720. 2,834,510 shares were traded during mid-day trading, a decline of 2% from the average session volume of 2,897,437 shares. The stock had previously closed at $909.41.

GEV has been the subject of several other research reports. The Goldman Sachs Group boosted their price target on GE Vernova from $840.00 to $925.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Wells Fargo & Company lifted their price objective on GE Vernova from $717.00 to $831.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Oppenheimer reissued an “outperform” rating on shares of GE Vernova in a research report on Thursday, January 29th. Wall Street Zen upgraded shares of GE Vernova from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Finally, Weiss Ratings raised shares of GE Vernova from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $854.52.

Check Out Our Latest Research Report on GEV

Key GE Vernova News

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

Positive Sentiment: Erste Group upgraded GEV to “Strong‑Buy” and dramatically raised its earnings forecasts — $14.77 for FY2026 and $22.05 for FY2027 (vs. consensus ~$6.59). This large upward revision is a clear bullish catalyst for expectations of future profitability and likely supported recent buying interest. Article Title
Positive Sentiment: Coverage reports GEV is expanding its presence in S&P 500 energy funds — increased fund exposure can boost share demand and liquidity over time. Article Title
Neutral Sentiment: Market pieces note GEV recently outperformed the broader market in short‑term trading sessions, highlighting elevated volatility and investor focus on news flow. Article Title
Neutral Sentiment: Sector commentary (example: AES coverage) underscores growing demand for energy services from data centers and corporates — a positive industry backdrop that could support long‑term revenue visibility for power/energy suppliers like GEV. Article Title
Negative Sentiment: Despite the upgrade and bullish estimates, the stock moved lower today — this suggests short‑term profit taking, rotation, or sensitivity to high valuation multiples could weigh on the share price until forward results and guidance confirm the elevated EPS trajectory.

Institutional Trading of GE Vernova

A number of hedge funds have recently bought and sold shares of GEV. Jackson Grant Investment Advisers Inc. boosted its position in GE Vernova by 344.4% in the third quarter. Jackson Grant Investment Advisers Inc. now owns 40 shares of the company’s stock worth $25,000 after purchasing an additional 31 shares during the last quarter. Cornerstone Financial Management LLC purchased a new stake in shares of GE Vernova during the 4th quarter valued at about $25,000. Wealth Watch Advisors INC purchased a new stake in shares of GE Vernova during the 3rd quarter valued at about $25,000. Torren Management LLC bought a new position in shares of GE Vernova in the 4th quarter worth approximately $26,000. Finally, ORG Wealth Partners LLC lifted its stake in shares of GE Vernova by 241.7% in the 4th quarter. ORG Wealth Partners LLC now owns 41 shares of the company’s stock worth $27,000 after purchasing an additional 29 shares during the period.

GE Vernova Stock Down 2.3%

The business’s fifty day moving average is $799.51 and its 200-day moving average is $680.16. The company has a market cap of $229.88 billion, a PE ratio of 47.92, a P/E/G ratio of 3.65 and a beta of 1.45.

GE Vernova (NYSE:GEV – Get Free Report) last announced its earnings results on Wednesday, January 28th. The company reported $13.39 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $10.40. GE Vernova had a net margin of 12.83% and a return on equity of 46.91%. The business had revenue of $10.96 billion during the quarter, compared to analysts’ expectations of $10.21 billion. During the same period in the prior year, the company earned $1.73 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. Analysts forecast that GE Vernova Inc. will post 6.59 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.2%. GE Vernova’s payout ratio is presently 11.24%.

GE Vernova Company Profile

(Get Free Report)

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.