GE Vernova Inc.(GEV)

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Why the Market Dipped But GE Vernova (GEV) Gained Today
ZACKS· 2024-12-05 23:51
The latest trading session saw GE Vernova (GEV) ending at $348.13, denoting a +1.27% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.19% for the day. On the other hand, the Dow registered a loss of 0.55%, and the technology-centric Nasdaq decreased by 0.18%.The the energy business spun off from General Electric's shares have seen an increase of 2.22% over the last month, not keeping up with the Oils-Energy sector's gain of 3.07% and the S&P 500's gain of 6. ...
GE Vernova (GEV) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-11-29 23:51
GE Vernova (GEV) closed the most recent trading day at $334.12, moving -0.36% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.56%. Elsewhere, the Dow saw an upswing of 0.42%, while the tech-heavy Nasdaq appreciated by 0.83%.Shares of the the energy business spun off from General Electric have appreciated by 11.16% over the course of the past month, outperforming the Oils-Energy sector's gain of 4.4% and the S&P 500's gain of 3.11%.Investors will be eagerly ...
GEV: Room For Multiple Expansion
Seeking Alpha· 2024-11-14 10:25
GE Vernova (NYSE: GEV ) has been on a tear, doubling since its split from GE ( GE ). This is partly due to optimism that the electric energy demand scenario can drive revenue and partly dueExperience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying my experience to unravel, comprehend and be ...
GE Vernova, AWS Enhance Strategic Alliance: Time to Buy the GEV Stock?
ZACKS· 2024-11-13 17:21
GE Vernova Inc. (GEV) recently announced that it has signed an expanded multi-year Strategic Collaboration Agreement (“SCA”) with Amazon Web Services (AWS). This agreement is expected to benefit electric utilities and other energy companies. Notably, the SCA includes GEV’s Asset Performance Management and CERius software delivered in the AWS Cloud, which will help energy companies reform how they manage their asset and emissions data for addressing the industry-wide energy transition. This expanded strategi ...
The Top 5 Performing S&P 500 Stocks YTD in 2024
MarketBeat· 2024-11-08 13:26
The S&P 500 has had an extraordinary year so far, with the S&P 500 ETF NYSE: SPY boasting a 25.31% return year-to-date, well above the market’s average pace. Driving this surge are shifting monetary policies, the Federal Reserve’s consecutive rate cuts, rapid advancements in AI and technology, and this week’s almost 5% rally following Donald Trump’s presidential election victory. Against this backdrop, several individual stocks have surged to remarkable heights, outperforming the broader market with notable ...
GE Vernova Inc.(GEV) - 2024 Q3 - Quarterly Report
2024-10-23 10:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file number 001-41966 ge vernova GE Vernova Inc. (Exact name of registrant as specified in its charter) Delaware 92-2646542 (State ...
GE Vernova Inc.(GEV) - 2024 Q3 - Quarterly Results
2024-10-23 10:22
GE Vernova Reports Third Quarter 2024 Financial Results Solid 3Q'24 results with double-digit orders and continued revenue growth, along with substantial cash flow Third Quarter 2024 Highlights: • Total orders of $9.4B, +17% organically, led by services • Total revenue of $8.9B, +8%, +10% organically* with growth in both equipment and services • Net income (loss) of $(0.1)B, +$0.1B; net income (loss) margin of (1.1)%, +110 bps • Adjusted EBITDA* of $0.2B and adjusted EBITDA margin* of 2.7%, both slightly do ...
GE Vernova Inc.(GEV) - 2024 Q2 - Quarterly Report
2024-07-24 10:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file number 001-41966 ge vernova GE Vernova Inc. (Exact name of registrant as specified in its charter) Delaware 92-2646542 (State or o ...
GE Vernova Inc.(GEV) - 2024 Q2 - Quarterly Results
2024-07-24 10:24
Page 1 GE Vernova Reports Second Quarter 2024 Financial Results Strong 2Q'24 results with margin expansion & substantial cash flow improvement; raising 2024 guidance Second Quarter 2024 Highlights: • Total orders of $11.8B exceeded revenue by 1.4X • Total revenue of $8.2B, +1%, +2% organically*, led by services growing +7%, +9% organically* • Net income of $1.3B, +$1.4B; net income margin of 15.6%, +1,740 bps • Adjusted EBITDA* of $0.5B, +$0.3B organically*; adjusted EBITDA margin* of 6.4%, +320 bps organic ...
GE Vernova Inc.(GEV) - 2024 Q1 - Quarterly Report
2024-04-30 10:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file number 001-41966 ge vernova GE Vernova Inc. (Exact name of registrant as specified in its charter) Delaware 92-2646542 (State or ...