GE Vernova Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - GE Vernova Inc. is set to release its second-quarter earnings results on July 23, with expected earnings of $1.50 per share, an increase from $1.02 per share in the same period last year [1] - The company is projected to report quarterly revenue of $8.8 billion, up from $8.2 billion a year earlier [1] - GE Vernova plans to invest up to $100 million in Pennsylvania over the next two years, creating approximately 700 new jobs across multiple factories [2] Group 2 - Analysts have provided various ratings and price targets for GE Vernova, with B of A Securities raising the price target from $550 to $620 [4] - JP Morgan also raised its price target from $460 to $620, while Barclays increased its target from $550 to $580 [4] - UBS initiated coverage with a Buy rating and a price target of $614, and Morgan Stanley raised its target from $422 to $511 [4]