GE Vernova Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Viewpoint - GE Vernova Inc. is expected to report significant earnings growth in the fourth quarter, with earnings per share projected to rise to $3.13 from $1.73 year-over-year, despite a slight decline in quarterly revenue expectations [1]. Group 1: Earnings and Revenue Expectations - GE Vernova is anticipated to release its fourth-quarter earnings on January 28, with expected earnings of $3.13 per share, an increase from $1.73 per share in the same quarter last year [1]. - The consensus estimate for quarterly revenue is $10.22 billion, down from $10.56 billion reported in the previous year [1]. Group 2: Recent Company Developments - On December 9, GE Vernova raised its FY28 outlook, increased its dividend, and expanded its buyback authorization, leading to a 4% increase in share price, closing at $692.70 [2]. Group 3: Analyst Ratings and Price Targets - Citigroup analyst Andrew Kaplowitz maintained a Neutral rating and raised the price target from $658 to $708 [3]. - GLJ Research analyst Austin Wang maintained a Buy rating and increased the price target from $758 to $1,087 [3]. - Baird analyst Ben Kallo downgraded the stock from Outperform to Neutral, cutting the price target from $816 to $649 [3]. - Barclays analyst Julian Mitchell maintained an Overweight rating and raised the price target from $800 to $830 [3]. - RBC Capital analyst Christopher Dendrinos maintained an Outperform rating with a price target of $761 [3].