A share price of GE Vernova Inc [GEV] is currently trading at $385.00, up 1.86%. 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 6.44% over the last week, with a monthly amount glided 5.05%, 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 February 07, 2025, when Johnson Rice initiated its Buy rating and assigned the stock a price target of $425. Previously, Guggenheim downgraded its rating to Neutral on January 24, 2025, and kept the price target unchanged to $380. On December 11, 2024, downgrade downgraded it’s rating to Outperform and revised its price target to $348 on the stock. TD Cowen started tracking the stock assigning a Buy rating and suggested a price target of $400 on December 05, 2024. Wolfe Research initiated its recommendation with a Outperform and recommended $403 as its price target on December 04, 2024. RBC Capital Mkts reiterated a Outperform rating for this stock on November 25, 2024, and upped its price target to $376. In a note dated November 21, 2024, Wells Fargo initiated an Overweight rating and provided a target price of $385 on this stock.
GE Vernova Inc experienced fluctuations in its stock price throughout the past year 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 $385.00 at the most recent close of the market. An investor can expect a potential drop of -23.78% based on the average GEV price forecast.
Analyzing the GEV fundamentals
Trailing Twelve Months sales for GE Vernova Inc [NYSE:GEV] were 34.95B which represents 5.15% growth. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.02%, 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 0.03. 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 376.10 points at the first support level, and at 367.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 389.80, and for the 2nd resistance point, it is at 394.60.
Ratios To Look Out For
To put it in perspective, the Current Ratio for GE Vernova Inc [NYSE:GEV] is 1.05. In addition, the Quick Ratio stands at 0.81 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 3.04, the price to book ratio is 11.13 and price to earnings (TTM) ratio is 68.44.
