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GE Vernova Earnings Preview: What to Expect
Yahoo Finance· 2025-10-06 15:17
Company Overview - GE Vernova Inc. (GEV) has a market capitalization of approximately $162 billion and operates in the energy sector, providing products and services for electricity generation, transfer, conversion, and storage globally [1] Financial Performance - GEV is expected to release its fiscal Q3 2025 results on October 22, with analysts projecting an EPS of $1.76, representing a substantial growth of 402.9% from $0.35 in the same quarter last year [2] - For fiscal 2025, analysts forecast an EPS of $7.64, which is an increase of 218.3% from $2.40 in fiscal 2024 [3] - The company reported Q2 2025 results with a profit of $1.86 and revenue of $9.11 billion, leading to a 14.6% surge in stock price on July 23 [5] Growth and Guidance - GEV raised its full-year free cash flow forecast to between $3 billion and $3.5 billion, marking a more than 44% increase at the midpoint, and guided 2025 revenue towards the high end of $36 billion to $37 billion [5] - The Power unit's profit increased by 27% to $778 million, while the Electrification unit's profit more than doubled to $332 million, contributing to positive investor sentiment [5] Stock Performance - GEV stock has increased by 125.3% over the past 52 weeks, significantly outperforming the S&P 500 Index's return of 16.9% and the Industrial Select Sector SPDR Fund's gain of 13.9% during the same period [4] Analyst Ratings - The consensus view on GEV stock is cautiously optimistic, with an overall "Moderate Buy" rating from analysts. Among 28 analysts, 18 recommend a "Strong Buy," one suggests a "Moderate Buy," and nine provide a "Hold" rating [6] - The average analyst price target for GE Vernova is $667.67, indicating a potential upside of 12.2% from current levels [6]
HSBC Raises GE Vernova (GEV) PT to $580, Cites Potential for a US Onshore Demand Rebound
Yahoo Finance· 2025-09-11 18:15
Group 1 - GE Vernova Inc. is considered one of the best IPO stocks to buy and hold for 3 years, with a price target raised to $580 by HSBC analyst Sean McLoughlin from $570, maintaining a Hold rating [1] - The company reported Q2 2025 orders of $12.4 billion and revenue of $9.1 billion, reflecting an 11% year-over-year increase, driven by demand in the Power and Electrification segments [2] - GE Vernova's backlog increased by $5.2 billion sequentially, with notable growth in the Gas Power equipment backlog and slot reservation agreements rising from 50 to 55 GW [3] Group 2 - The company operates in three segments: Power, Wind, and Electrification, providing various products and services related to electricity generation, transfer, orchestration, conversion, and storage [3]