At the time of writing, GE Vernova Inc. [GEV] stock is trading at $179.11, up 1.07%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GEV shares have gain 8.73% over the last week, with a monthly amount glided 1.36%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
GE Vernova Inc. [NYSE: GEV] stock has seen the most recent analyst activity on August 01, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $220 from $175. Previously, Redburn Atlantic started tracking the stock with Neutral rating on July 02, 2024, and set its price target to $178. On June 21, 2024, Daiwa Securities initiated with a Outperform rating and assigned a price target of $201.50 on the stock. Argus started tracking the stock assigning a Buy rating and suggested a price target of $190 on June 13, 2024. Citigroup initiated its recommendation with a Neutral and recommended $183 as its price target on June 11, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on May 23, 2024, and assigned it a price target of $167. In a note dated April 24, 2024, BofA Securities initiated an Neutral rating and provided a target price of $150 on this stock.
For the past year, the stock price of GE Vernova Inc. fluctuated between $115.00 and $185.50. Currently, Wall Street analysts expect the stock to reach $185.94 within the next 12 months. GE Vernova Inc. [NYSE: GEV] shares were valued at $179.11 at the most recent close of the market. An investor can expect a potential return of 3.81% based on the average GEV price forecast.
Analyzing the GEV fundamentals
Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.13 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 174.62 points at the first support level, and at 170.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 181.57, and for the 2nd resistance point, it is at 184.04.
Ratios To Look Out For
It is important to note that GE Vernova Inc. [NYSE:GEV] has a current ratio of 1.01. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.2.
