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GE Vernova's Q4 Was Not Perfect, But Analyst Bumps Up Price Forecast On Continued Orders Strength
PERFPerfect(PERF) Benzinga·2025-01-23 19:00

BofA Securities analyst Andrew Obin raised the price target of GE Vernova Inc. GEV to 485from485 from 415 while reiterating the Buy rating.Yesterday, the company reported revenue growth of 5% year-over-year to 10.559billionand+910.559 billion and +9% organically, missing the consensus of 10.78 billion. Earnings per share for the quarter were 1.73,comparedto1.73, compared to 0.72 a year ago, missing the consensus of 2.55.GEVernovareaffirmedits2025outlookwith2.55.GE Vernova reaffirmed its 2025 outlook with 36 billion – 37billioninrevenueversusaconsensusof37 billion in revenue versus a consensus of 36.88 billion, a ...