Q4 Earnings Forecast for GE Vernova Issued By William Blair

GE Vernova Inc. (NYSE:GEV) – William Blair lifted their Q4 2024 earnings per share estimates for shares of GE Vernova in a report issued on Monday, November 18th. William Blair analyst J. Dorsheimer now anticipates that the company will post earnings per share of $2.51 for the quarter, up from their previous forecast of $2.27. William Blair has a “Outperform” rating on the stock. The consensus estimate for GE Vernova’s current full-year earnings is $2.53 per share. William Blair also issued estimates for GE Vernova’s Q3 2025 earnings at $1.83 EPS and Q4 2025 earnings at $2.57 EPS.

A number of other analysts have also weighed in on GEV. JPMorgan Chase & Co. upped their price objective on shares of GE Vernova from $285.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. The Goldman Sachs Group upped their price target on shares of GE Vernova from $220.00 to $308.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Mizuho lifted their price objective on shares of GE Vernova from $186.00 to $208.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Raymond James downgraded shares of GE Vernova from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 2nd. Finally, Truist Financial increased their target price on GE Vernova from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $264.55.

GE Vernova Price Performance

GEV opened at $325.31 on Tuesday. GE Vernova has a 12-month low of $115.00 and a 12-month high of $349.79. The business’s fifty day simple moving average is $275.96 and its 200-day simple moving average is $210.43.

Hedge Funds Weigh In On GE Vernova

Several hedge funds and other institutional investors have recently modified their holdings of the stock. TD Private Client Wealth LLC grew its position in GE Vernova by 8.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 740 shares of the company’s stock worth $189,000 after purchasing an additional 60 shares during the last quarter. Fortem Financial Group LLC acquired a new stake in shares of GE Vernova during the third quarter worth $224,000. Toronto Dominion Bank lifted its stake in shares of GE Vernova by 1.5% during the third quarter. Toronto Dominion Bank now owns 135,938 shares of the company’s stock worth $34,661,000 after buying an additional 2,018 shares during the period. Coldstream Capital Management Inc. grew its holdings in shares of GE Vernova by 18.5% during the third quarter. Coldstream Capital Management Inc. now owns 4,948 shares of the company’s stock valued at $1,301,000 after buying an additional 774 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of GE Vernova by 1.5% in the 3rd quarter. Geode Capital Management LLC now owns 5,594,223 shares of the company’s stock valued at $1,420,763,000 after acquiring an additional 80,479 shares during the period.

About GE Vernova

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.