GE Vernova (NYSE:GEV) Stock Price Down 6.6% – Here’s What Happened

07 May 2026, 19:01 by Doug Wharley · The Cerbat Gem

GE Vernova Inc. (NYSE:GEV – Get Free Report)’s share price dropped 6.6% during trading on Thursday . The company traded as low as $1,040.42 and last traded at $1,044.8230. Approximately 2,570,255 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 2,773,499 shares. The stock had previously closed at $1,118.96.

Analyst Ratings Changes

A number of brokerages recently weighed in on GEV. Erste Group Bank upgraded shares of GE Vernova to a “strong-buy” rating in a report on Tuesday, March 24th. Oppenheimer set a $1,303.00 price objective on GE Vernova in a research report on Thursday, April 23rd. China Renaissance raised GE Vernova to a “strong-buy” rating in a report on Thursday, January 29th. Wall Street Zen upgraded GE Vernova from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of GE Vernova from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, GE Vernova currently has an average rating of “Moderate Buy” and a consensus price target of $1,090.76.

View Our Latest Stock Report on GE Vernova

GE Vernova Stock Down 6.6%

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89. The stock’s fifty day simple moving average is $930.51 and its two-hundred day simple moving average is $752.62. The stock has a market capitalization of $280.76 billion, a P/E ratio of 30.43, a price-to-earnings-growth ratio of 4.10 and a beta of 1.51.

GE Vernova (NYSE:GEV – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $17.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $15.49. The business had revenue of $9.34 billion during the quarter, compared to the consensus estimate of $9.19 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.GE Vernova’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 earnings per share. As a group, research analysts expect that GE Vernova Inc. will post 14.84 EPS for the current fiscal year.

GE Vernova Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 17th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $2.00 annualized dividend and a yield of 0.2%. GE Vernova’s payout ratio is 5.83%.

Institutional Investors Weigh In On GE Vernova

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. J.W. Cole Advisors Inc. raised its position in GE Vernova by 25.3% in the third quarter. J.W. Cole Advisors Inc. now owns 16,247 shares of the company’s stock worth $9,990,000 after acquiring an additional 3,278 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of GE Vernova during the 3rd quarter valued at $18,601,000. US Bancorp DE boosted its stake in shares of GE Vernova by 2.2% during the 3rd quarter. US Bancorp DE now owns 100,542 shares of the company’s stock worth $61,824,000 after acquiring an additional 2,163 shares in the last quarter. World Investment Advisors boosted its stake in shares of GE Vernova by 19.9% during the 4th quarter. World Investment Advisors now owns 13,497 shares of the company’s stock worth $8,821,000 after acquiring an additional 2,241 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of GE Vernova by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 24,815,463 shares of the company’s stock worth $15,259,028,000 after acquiring an additional 150,892 shares during the last quarter.

About GE Vernova

(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.