GE Vernova GEV is a relatively new stock that has nearly doubled its value since it started trading in March. The stalwart American firm General Electric GE spun it off, and it is now a $70 billion industrial company. Even after a massive price increase, several Wall Street analysts at big-name firms still see more room for the stock to run. So, what exactly does GE Vernova do, and is it a compelling investment? GE Vernova: Electrifying the World GE Vernova is a parts, maintenance, and technology provider t ...

GE Vernova Inc. GEV shares are trading lower on Thursday. Truist Securities analyst Jordan Levy initiated coverage on the company with a Buy Rating and a price target of $300.The analyst writes that GEV is uniquely positioned to capitalize on the multiple secular tailwinds driving the energy transition.Notably, the analyst anticipates further upside as GEV accelerates growth and margin expansion, driven by significant shifts in U.S. power demand.Levy writes that GEV is in the early stages of a growth inflec ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In April 2023, I marked s hares of GE Aerospace (NYSE: GE ) a buy. The company was set to focus on aerospace and defense, which I believe has significant growth prospects ahead and would positively enhance the value ofDhierin runs the investing gro ...

The aerospace giant continues to see favorable near-term tailwinds in 2024.Another week, another analyst upgrade for GE Aerospace (GE -0.26%), with Deutsche Bank nudging the price target for the stock up from $210 to $212 and maintaining a buy rating. The target implies a 12.7% jump in the stock price over the next 12 months.Wall Street is in love with GE AerospaceThis upgrade comes a couple of weeks after Bernstein initiated coverage with a $201 price target and an outperform rating on the stock. Given the ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying GEV stock? Here’s what analysts think: Read Next: ...

The aerospace giant continues to impress as the most reliable operator in the industry.Bernstein began covering GE Aerospace (GE 0.19%), and its analyst slapped a $201 price target on the stock alongside an outperform rating. For context, the target represents a 20% upside from the stock's current price.Bernstein's price targetBased on the Wall Street consensus for $4.25 in earnings per share in 2024, hitting the price target would put GE Aerospace on a price-to-earnings multiple of slightly more than 47 ti ...

The company has double-digit earnings and dividend growth upside.General Electric, as your grandparents knew it, is gone. Over the years, the company has broken itself up into pieces, spinning off different businesses and leaving the aerospace segment with the company's original ticker symbol.Now, GE Aerospace (GE 0.99%) stands alone and offers investors a compelling business model capable of excellent long-term investment returns. The market has already shown GE Aerospace a lot of love; the stock has risen ...

jetcityimage/iStock Editorial via Getty Images Introduction In recent months, I have increasingly discussed my plans to add a new stock to my portfolio. After being an aggressive buyer in the first half of this year, I wrote a number of articles about stocks on my radar, including recent articles titled "My Top 3 Dividend Stocks To Buy Amid Market Uncertainty" and "Bull Market Millionaires: 3 Dividend Stocks To Build A Fortune," which you can access here and here. Although I would have liked the market ...

The energy equipment company's earnings momentum is building.Shares in power, wind, and electrification company GE Vernova (GEV 0.25%) rose by 12.8% in August, according to data provided by S&P Global Market Intelligence. The move was due to a combination of positive newsflow and underlying growth in the company's core business.GE Vernova is starting to see balanced growthThe company combines the former power (essentially gas turbine equipment and services), wind (onshore and offshore wind turbines), and el ...

Between the commercial aerospace company or the defense giant, which stock has the safer long-term prospects?Comparing commercial aerospace giant GE Aerospace (GE) with leading defense contractor Lockheed Martin (LMT 0.56%) is always interesting because it requires taking a big-picture view. This isn't about one quarter's earnings or even a year's worth; it concerns a long-term view of how each company makes money. So let's dive in and see what we can find out.The better stockSpoiler alert: GE Aerospace, wh ...