GE Vernova (GEV) Stock Forecast & Price Target

$198.33

-0.11 (-0.06%)

(As of 09/6/2024 ET)

GE Vernova - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 19 Analyst Ratings

Based on 19 Wall Street analysts who have issued ratings for GE Vernova in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 4 have given a hold rating, 13 have given a buy rating, and 2 have given a strong buy rating for GEV.

Consensus Price Target

$194.28
-2.04% Downside

High Forecast	$261.00
Average Forecast	$194.28
Low Forecast	$147.00

According to the 19 analysts' twelve-month price targets for GE Vernova, the average price target is $194.28. The highest price target for GEV is $261.00, while the lowest price target for GEV is $147.00. The average price target represents a forecasted downside of -2.04% from the current price of $198.33.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	N/A
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	N/A
Buy	13 Buy rating(s)	10 Buy rating(s)	7 Buy rating(s)	N/A
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	N/A
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	N/A
Consensus Price Target	$194.28	$188.04	$165.90	N/A
Forecasted Upside	-2.04% Downside	16.60% Upside	11.60% Upside	N/A

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GEV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GEV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

GE Vernova Stock vs. The Competition

Type	GE Vernova	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.89	2.60	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-2.04% Downside	120.24% Upside	11.36% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/4/2024	Jefferies Financial Group 2 of 5 stars		Initiated Coverage	Buy	$261.00	+35.55%
8/29/2024	William Blair 2 of 5 stars	J. Dorsheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
8/26/2024	Morgan Stanley 3 of 5 stars		Reiterated Rating	Overweight ➝ Overweight	$220.00 ➝ $220.00	+19.95%
8/12/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Mcloughlin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/12/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$215.00	+20.04%
7/26/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$186.00 ➝ $208.00	+20.72%
Get the Latest News and Ratings for GEV and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for GE Vernova and its competitors with MarketBeat's FREE daily newsletter.
7/26/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$196.00 ➝ $220.00	+29.89%
7/25/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$174.00 ➝ $202.00	+23.42%
7/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$195.00 ➝ $216.00	+32.41%
7/22/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$180.00 ➝ $180.00	+7.69%
7/2/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Toyne Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$178.00	+6.24%
6/21/2024	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Ip Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
6/21/2024	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$201.50	+13.73%
6/13/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$190.00	+7.03%
6/11/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$183.00	+9.80%
4/24/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral ➝ Neutral	$150.00 ➝ $150.00	+1.47%
4/22/2024	Melius Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$147.00	+8.81%
4/17/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$177.00	+30.15%
4/17/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$160.00	+17.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:55 PM ET.

GEV Forecast - Frequently Asked Questions

What is GE Vernova's forecast for 2024?: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for GE Vernova is $194.28, with a high forecast of $261.00 and a low forecast of $147.00.
Should I buy or sell GE Vernova stock right now?: 19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GE Vernova in the last year. There are currently 4 hold ratings, 13 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GEV shares.
Does GE Vernova's stock price have much upside?: According to analysts, GE Vernova's stock has a predicted upside of 17.99% based on their 12-month stock forecasts.
Has GE Vernova been upgraded by Wall Street analysts recently?: Over the previous 90 days, GE Vernova's stock had 3 upgrades by analysts.
What analysts cover GE Vernova?: GE Vernova has been rated by research analysts at Argus, Citigroup, Daiwa America, Daiwa Capital Markets, Evercore ISI, Hsbc Global Res, HSBC, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Redburn Atlantic, Royal Bank of Canada, The Goldman Sachs Group, and William Blair in the past 90 days.
Do Wall Street analysts like GE Vernova more than its competitors?: Analysts like GE Vernova more than other "oils/energy" companies. The consensus rating score for GE Vernova is 2.89 while the average consensus rating score for "oils/energy" companies is 2.60. Learn more on how GEV compares to other companies.