GE Vernova
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.
Employees: 75,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
277% more first-time investments, than exits
New positions opened: 362 | Existing positions closed: 96
34% more funds holding in top 10
Funds holding in top 10: 38 [Q3] → 51 (+13) [Q4]
31% more capital invested
Capital invested by funds: $54.9B [Q3] → $71.9B (+$17B) [Q4]
24% more call options, than puts
Call options by funds: $1.56B | Put options by funds: $1.26B
12% more funds holding
Funds holding: 1,590 [Q3] → 1,781 (+191) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 606 | Existing positions reduced: 551
0.84% less ownership
Funds ownership: 78.84% [Q3] → 78.0% (-0.84%) [Q4]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Baird Ben Kallo 37% 1-year accuracy 14 / 38 met price target | 37%upside $448 | Outperform Initiated | 13 Feb 2025 |
Johnson Rice Martin Malloy 50% 1-year accuracy 1 / 2 met price target | 30%upside $425 | Buy Initiated | 7 Feb 2025 |
RBC Capital Christopher Dendrinos 79% 1-year accuracy 11 / 14 met price target | 38%upside $453 | Outperform Reiterated | 28 Jan 2025 |
Guggenheim Joseph Osha 37% 1-year accuracy 14 / 38 met price target | 16%upside $380 | Neutral Downgraded | 24 Jan 2025 |
Goldman Sachs Joe Ritchie 55% 1-year accuracy 16 / 29 met price target | 52%upside $500 | Buy Maintained | 24 Jan 2025 |
Financial journalist opinion
Based on 25 articles about GEV published over the past 30 days
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