GEV stock icon

GE Vernova
GEV

$198.33
0.06%

Market Cap: $54.5B

 

About: GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 16 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

14,922% more first-time investments, than exits

New positions opened: 1,352 | Existing positions closed: 9

3,171% more capital invested

Capital invested by funds: $1.15B [Q1] → $37.7B (+$36.5B) [Q2]

1,919% more funds holding

Funds holding: 70 [Q1] → 1,413 (+1,343) [Q2]

1,400% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 30 (+28) [Q2]

340% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 10

80.21% more ownership

Funds ownership: 0% [Q1] → 80.21% (+80.21%) [Q2]

17% more call options, than puts

Call options by funds: $424M | Put options by funds: $362M

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$178
10%
downside
Avg. target
$205
3%
upside
High target
$261
32%
upside

16 analyst ratings

14 positive
88%
neutral
13%
negative
0%
Jefferies
Julien Dumoulin-Smith
68% 1-year accuracy
32 / 47 met price target
32%upside
$261
Buy
Initiated
4 Sept 2024
Morgan Stanley
Andrew Percoco
78% 1-year accuracy
7 / 9 met price target
11%upside
$220
Overweight
Maintained
26 Aug 2024
HSBC
Sean McLoughlin
50% 1-year accuracy
1 / 2 met price target
8%upside
$215
Buy
Initiated
12 Aug 2024
Morgan Stanley
Andrew Percoco
78% 1-year accuracy
7 / 9 met price target
11%upside
$220
Overweight
Upgraded
1 Aug 2024
Mizuho
Maheep Mandloi
55% 1-year accuracy
18 / 33 met price target
5%upside
$208
Outperform
Maintained
26 Jul 2024

Financial journalist opinion

Based on 15 articles about GEV published over the past 30 days