GE Vernova (NYSE:GEV) Shares Gap Down Following Weak Earnings

GE Vernova Inc. (NYSE:GEV) shares gapped down prior to trading on Wednesday following a weaker than expected earnings announcement. The stock had previously closed at $1,078.81, but opened at $1,021.01. GE Vernova shares last traded at $1,009.9550, with a volume of 1,273,818 shares.

The company reported $2.47 earnings per share for the quarter, missing the consensus estimate of $3.17 by ($0.70). The firm had revenue of $11.10 billion for the quarter, compared to the consensus estimate of $10.78 billion. GE Vernova had a return on equity of 43.97% and a net margin of 23.81%.The business’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share.

GE Vernova Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Tuesday, June 16th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 16th. GE Vernova’s dividend payout ratio is presently 5.83%.

GE Vernova News Summary

Here are the key news stories impacting GE Vernova this week:

• Positive Sentiment: GE Vernova raised its 2026 revenue forecast for the second straight quarter and lifted margin expectations after a surge in second-quarter orders boosted its backlog, reinforcing the AI-driven power demand story. Reuters article
• Positive Sentiment: The company said strong power demand is accelerating order growth across its power and electrification units, which supports future revenue visibility and helps explain investor optimism. WSJ article
• Positive Sentiment: Management also indicated it is preparing contracts to help strengthen Venezuela’s grid this year, signaling continued international project opportunities, though this is a smaller near-term driver. Financial Post article
• Neutral Sentiment: Q2 revenue came in above expectations, but adjusted earnings per share missed consensus, creating a mixed headline on the quarter. Zacks article
• Neutral Sentiment: Analysts and market commentators have also been focused on the stock’s rich valuation after a strong multi-year run, which may temper some of the upside from the strong outlook. Barrons article

Analyst Ratings Changes

GEV has been the topic of a number of research reports. Citigroup boosted their price target on GE Vernova from $779.00 to $1,110.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Guggenheim boosted their price objective on shares of GE Vernova from $910.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Barclays raised their target price on shares of GE Vernova from $993.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Susquehanna set a $1,300.00 price target on shares of GE Vernova in a research report on Thursday, April 23rd. Finally, Royal Bank Of Canada lifted their target price on GE Vernova from $996.00 to $1,195.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,089.88.

Insider Activity at GE Vernova

In other GE Vernova news, CAO Matthew Joseph Potvin sold 2,333 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $1,059.09, for a total transaction of $2,470,856.97. Following the sale, the chief accounting officer owned 3,549 shares of the company’s stock, valued at approximately $3,758,710.41. The trade was a 39.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Victor Abate sold 4,819 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $948.08, for a total value of $4,568,797.52. Following the completion of the transaction, the chief executive officer directly owned 1,835 shares of the company’s stock, valued at approximately $1,739,726.80. The trade was a 72.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On GE Vernova

A number of institutional investors have recently made changes to their positions in the stock. Onyx Bridge Wealth Group LLC raised its position in GE Vernova by 1.3% in the first quarter. Onyx Bridge Wealth Group LLC now owns 727 shares of the company’s stock worth $635,000 after acquiring an additional 9 shares during the period. Red Door Wealth Management LLC boosted its holdings in GE Vernova by 0.6% in the 1st quarter. Red Door Wealth Management LLC now owns 1,774 shares of the company’s stock worth $1,548,000 after buying an additional 10 shares during the period. Advance Capital Management Inc. grew its position in shares of GE Vernova by 2.2% during the first quarter. Advance Capital Management Inc. now owns 461 shares of the company’s stock worth $402,000 after purchasing an additional 10 shares in the last quarter. Alpha Financial Partners LLC raised its position in shares of GE Vernova by 2.0% during the first quarter. Alpha Financial Partners LLC now owns 514 shares of the company’s stock valued at $449,000 after buying an additional 10 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its holdings in GE Vernova by 2.6% in the 2nd quarter. Sandy Cove Advisors LLC now owns 389 shares of the company’s stock valued at $457,000 after acquiring an additional 10 shares during the last quarter.

GE Vernova Stock Performance

The company has a market capitalization of $269.77 billion, a P/E ratio of 29.47, a P/E/G ratio of 3.98 and a beta of 1.09. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 0.89. The business’s fifty day simple moving average is $1,037.70 and its 200-day simple moving average is $916.52.

About GE Vernova

GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.