At the time of writing, GE Vernova Inc [GEV] stock is trading at $361.71, down -3.00%. 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 9.61% over the last week, with a monthly amount glided 9.97%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
GE Vernova Inc [NYSE: GEV] stock has seen the most recent analyst activity on January 24, 2025, when Guggenheim downgraded its rating to a Neutral but kept the price target unchanged to $380 for it. Previously, Daiwa Securities downgraded its rating to Outperform on December 11, 2024, and elevated its price target to $348. On December 05, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $400 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $403 on December 04, 2024. RBC Capital Mkts reiterated its recommendation of a Outperform and raised its price target to $376 on November 25, 2024. Wells Fargo started tracking with a Overweight rating for this stock on November 21, 2024, and assigned it a price target of $385. In a note dated October 30, 2024, Daiwa Securities upgraded an Buy rating on this stock.
For the past year, the stock price of GE Vernova Inc fluctuated between $115.00 and $447.50. Currently, Wall Street analysts expect the stock to reach $293.46 within the next 12 months. GE Vernova Inc [NYSE: GEV] shares were valued at $361.71 at the most recent close of the market. An investor can expect a potential drop of -18.87% based on the average GEV price forecast.
Analyzing the GEV fundamentals
According to GE Vernova Inc [NYSE:GEV], the company’s sales were 34.94B for trailing twelve months, which represents an 5.12% jump. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.17 and Total Capital is 0.0.
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 351.37 points at the first support level, and at 341.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 369.62, and for the 2nd resistance point, it is at 377.53.
Ratios To Look Out For
It is important to note that GE Vernova Inc [NYSE:GEV] has a current ratio of 1.08. In addition, the Quick Ratio stands at 0.81 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 2.85, the price to book ratio is 10.45 and price to earnings (TTM) ratio is 65.04.
