Energy transition and the nuclear energy standout GE Vernova (GEV)  has skyrocketed 190% since its April 2024 IPO.GE Vernova jumped to fresh all-time highs on Friday heading into its Q4 earnings release on Wednesday, January 22.See the Zacks Earnings Calendar to stay ahead of market-making news.Wall Street flocked to the GE spinoff for its impressive earnings growth and ability to expand alongside key megatrends. GE Vernova provides investors the chance to add exposure to nuclear energy, electrification, na ...

Company Performance and Growth Prospects - GE Vernova Inc (GEV) announced the commencement of operations at the Guangming gas plant in Guangdong, China, which will supply up to 2 GW of lower-carbon electricity [3] - GEV's stock surged 1622% in the past year, outperforming the Zacks Alternative-Energy industry's growth of 76%, the Zacks Oils-Energy sector's return of 76%, and the S&P 500's surge of 23% [4] - The company has an installed base of approximately 54,000 onshore wind turbines worldwide and a portfolio of offshore wind turbines ranging from 6 MW to 14 MW [5] - Global electricity demand is expected to rise at an average of 34% annually through 2026, which should benefit GEV's grid solution equipment and services [8] - GEV was chosen by Korea Electric Power Corporation (KEPCO) to deliver its advanced HVDC system for the Donghaean 2 to Dong-Seoul HVDC converter station project, the largest power grid infrastructure initiative in South Korea's history [9] - The Zacks Consensus Estimate for GEV's long-term earnings growth is pegged at 18% [10] Sales and Earnings Estimates - The Zacks Consensus Estimate for 2024 and 2025 sales implies year-over-year improvements of 55% and 52%, respectively [11] - The Zacks Consensus Estimate for 2024 earnings per share has moved south by 19% over the past 60 days, indicating declining analyst confidence [11] - Current quarter sales estimate is 1061B, with a year-over-year growth estimate of 748% for the next quarter [12] Challenges and Risks - The offshore wind industry faces increased material costs and persistent supply-chain challenges, leading to project cancellations [17] - GEV's Offshore Wind business is experiencing pressure related to product and project costs, which could impact cash collection timelines and contract profitability [18] - Inflation is expected to continue challenging GEV's power generation business, potentially hurting the pricing of its products and services [19] Valuation and Market Position - GEV's forward 12-month price-to-earnings (PE) ratio is 5416X, a premium to its peer group's average of 1363X, suggesting investors are paying a higher price for expected earnings growth [20] - GEV has a VGM Score of F, which is not a favorable indicator of strong performance [22] Expansion and Market Opportunities - GEV has been operating in China for over 40 years, with its Gas Power unit serving more than 110 customers and more than 240 gas turbines, with an installed power capacity of 50 GWs [24] - In January 2025, GEV's Onshore Wind business signed an order to provide 14 42MW-117m turbines for wind farms in Japan [26] - GEV announced a $20 million investment plan to enhance next-generation repair capabilities and technologies for HA gas turbines at its Advanced Manufacturing Repair Technology Center in Singapore [26] Industry Comparison - Other industry players, such as Talen Energy Corporation (TLN), Constellation Energy Corporation (CEG), and Bloom Energy (BE), have seen their shares surge 2294%, 1473%, and 809%, respectively, in the past year [25]

The latest trading session saw GE Vernova (GEV) ending at $366.81, denoting a -0.08% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, lost 0.38%.Coming into today, shares of the the energy business spun off from General Electric had gained 10.57% in the past month. In that same time, the Oils-Energy sector lost 9.81%, while the S&P 500 lost 2.2%.Analysts and investors ...

Growth like that, particularly as we start a year where volatility is expected to continue, may have some investors looking to take profits. If they do, and maybe even if they don’t, GEV stock is a name to consider if you’re looking for slow, steady growth. Get GE Vernova alerts: Natural Gas Now, Nuclear Later?  As the proverb goes, necessity is the mother of invention. In 2025, the necessity is being brought about by the growing demand for artificial intelligence (AI) applications. That will require data ...

GE Vernova (GEV) closed the latest trading day at $347.29, indicating a +0.69% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.1%. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, added 1.35%.The the energy business spun off from General Electric's stock has climbed by 4.85% in the past month, exceeding the Oils-Energy sector's loss of 10.32% and the S&P 500's gain of 0.22%.The investment community will be closely monitoring the pe ...

The most recent trading session ended with GE Vernova (GEV) standing at $344.92, reflecting a +0.66% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.73%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq added 0.98%.Shares of the the energy business spun off from General Electric have depreciated by 1.86% over the course of the past month, outperforming the Oils-Energy sector's loss of 9.2% and lagging the S&P 500's gain of 0.34%.Th ...

Investors looking for stocks in the Alternative Energy - Other sector might want to consider either Excelerate Energy (EE) or GE Vernova (GEV) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphas ...

SANTO DOMINGO, Dominican Republic, Dec. 17, 2024 /PRNewswire-HISPANIC PR WIRE/ -- GE Vernova Inc. (NYSE: GEV) announced that it has secured an order to supply its Class H natural gas-fired combined cycle power generation equipment for Generadora San Felipe Limited's (GSF) 470 megawatt (MW) power plant in Punta Caucedo, Boca Chica, Dominican Republic. This project is GE Vernova's first H-Class gas turbine order in the Caribbean. It will contribute to implementation of the Dominican Republic's climate ambitio ...

GE Vernova Inc. (GEV) shares have surged an impressive 43.5% in the past three months, outperforming the Zacks Alternative-Energy industry’s rise of 13.6% and the S&P 500’s return of 8.8%. The broader Zacks Oils-Energy sector has declined 6.2% in contrast. As a renowned renewable energy equipment and services provider, GE Vernova continues to ride on increasing electricity demand worldwide, along with enhanced adoption of renewable energy across industries.Image Source: Zacks Investment ResearchA similar st ...

Key TakeawaysGE Vernova shares gained 5% on Wednesday, one day after the energy equipment maker raised its long-term sales outlook, declared a dividend and announced a stock-buyback plan. The stock broke down below the lower trendline of an ascending triangle on Tuesday, but staged an intraday reversal to close back within the pattern today, potentially creating a bear trap.Investors should watch important overhead areas around $355 and $400, while also monitoring key support levels near $295 and $258. GE V ...