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GE Vernova (GEV) Competitors

GE Vernova logo
$329.76 +3.72 (+1.14%)
(As of 11/15/2024 ET)

GEV vs. ABBNY, OTIS, RRX, NOVT, CAE, FLNC, ATKR, BE, QS, and ENR

Should you be buying GE Vernova stock or one of its competitors? The main competitors of GE Vernova include ABB (ABBNY), Otis Worldwide (OTIS), Regal Rexnord (RRX), Novanta (NOVT), CAE (CAE), Fluence Energy (FLNC), Atkore (ATKR), Bloom Energy (BE), QuantumScape (QS), and Energizer (ENR). These companies are all part of the "electrical equipment" industry.

GE Vernova vs.

GE Vernova (NYSE:GEV) and ABB (NYSE:ABBNY) are both large-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, earnings, institutional ownership, profitability, dividends, analyst recommendations, community ranking, media sentiment and valuation.

In the previous week, GE Vernova had 32 more articles in the media than ABB. MarketBeat recorded 34 mentions for GE Vernova and 2 mentions for ABB. GE Vernova's average media sentiment score of 0.71 beat ABB's score of 0.55 indicating that GE Vernova is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
GE Vernova
17 Very Positive mention(s)
3 Positive mention(s)
11 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
ABB
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

GE Vernova presently has a consensus price target of $264.55, indicating a potential downside of 19.78%. Given GE Vernova's stronger consensus rating and higher probable upside, research analysts plainly believe GE Vernova is more favorable than ABB.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GE Vernova
0 Sell rating(s)
7 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.76
ABB
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

ABB received 639 more outperform votes than GE Vernova when rated by MarketBeat users. However, 84.38% of users gave GE Vernova an outperform vote while only 62.66% of users gave ABB an outperform vote.

CompanyUnderperformOutperform
GE VernovaOutperform Votes
54
84.38%
Underperform Votes
10
15.63%
ABBOutperform Votes
693
62.66%
Underperform Votes
413
37.34%

1.1% of ABB shares are held by institutional investors. 4.9% of ABB shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

ABB has lower revenue, but higher earnings than GE Vernova.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GE Vernova$33.24B2.73-$438MN/AN/A
ABB$32.24B3.24$3.75B$2.0926.85

ABB has a net margin of 11.90% compared to GE Vernova's net margin of 3.67%. ABB's return on equity of 27.58% beat GE Vernova's return on equity.

Company Net Margins Return on Equity Return on Assets
GE Vernova3.67% 4.22% 0.85%
ABB 11.90%27.58%9.56%

Summary

GE Vernova and ABB tied by winning 8 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GEV vs. The Competition

MetricGE VernovaElectronic, electrical equipment & components, except computer equipment IndustryEnergy SectorNYSE Exchange
Market Cap$90.90B$82.90B$8.88B$19.83B
Dividend YieldN/A1.44%11.66%3.51%
P/E RatioN/A19.3111.0935.39
Price / Sales2.732.5178.1317.75
Price / CashN/A19.989.9421.33
Price / Book8.645.293.374.64
Net Income-$438M$2.63B$957.26M$982.94M
7 Day Performance-3.35%-7.19%4.68%-2.12%
1 Month Performance21.24%-8.01%0.76%-0.39%
1 Year PerformanceN/A5.76%427.54%23.34%

GE Vernova Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GEV
GE Vernova
3.1432 of 5 stars
$329.76
+1.1%
$264.55
-19.8%
N/A$90.90B$33.24B0.0080,000Analyst Forecast
News Coverage
ABBNY
ABB
N/A$57.10
-0.7%
N/A+47.9%$106.24B$32.24B27.3250,300
OTIS
Otis Worldwide
4.7709 of 5 stars
$100.03
-0.9%
N/A+18.1%$39.96B$14.21B24.9571,000Analyst Forecast
News Coverage
Positive News
RRX
Regal Rexnord
4.6922 of 5 stars
$175.06
-2.2%
N/A+47.5%$11.59B$6.25B55.2232,100Insider Selling
NOVT
Novanta
1.824 of 5 stars
$182.65
+0.6%
N/A+20.9%$6.56B$922.75M109.372,900Insider Selling
News Coverage
CAE
CAE
2.1334 of 5 stars
$18.87
+0.1%
N/A+4.3%$6.01B$3.17B-24.8313,000Analyst Upgrade
Short Interest ↑
Analyst Revision
News Coverage
FLNC
Fluence Energy
4.3331 of 5 stars
$20.67
+2.6%
N/A+5.9%$3.73B$2.22B-108.781,112Positive News
ATKR
Atkore
3.2643 of 5 stars
$95.31
-7.2%
N/A-34.2%$3.42B$3.28B6.695,600Upcoming Earnings
News Coverage
Positive News
BE
Bloom Energy
3.3114 of 5 stars
$13.17
+23.4%
N/A+70.2%$3.00B$1.33B-10.132,377Analyst Forecast
Options Volume
News Coverage
Positive News
Gap Up
High Trading Volume
QS
QuantumScape
1.7583 of 5 stars
$5.02
+0.6%
N/A-19.4%$2.57BN/A-5.28850News Coverage
ENR
Energizer
3.1548 of 5 stars
$33.55
+1.5%
N/A+4.8%$2.41B$2.89B239.665,080Upcoming Earnings
Positive News

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This page (NYSE:GEV) was last updated on 11/17/2024 by MarketBeat.com Staff
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