Fintel reports that on February 7, 2025, Johnson Rice initiated coverage of GE Vernova (NYSE:GEV) with a Buy recommendation.
Analyst Price Forecast Suggests 15.25% Upside
As of January 28, 2025, the average one-year price target for GE Vernova is $432.01/share. The forecasts range from a low of $257.55 to a high of $525.00. The average price target represents an increase of 15.25% from its latest reported closing price of $374.83 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for GE Vernova is 36,965MM, an increase of 5.81%. The projected annual non-GAAP EPS is 5.68.
What is the Fund Sentiment?
There are 2,566 funds or institutions reporting positions in GE Vernova. This is an increase of 253 owner(s) or 10.94% in the last quarter. Average portfolio weight of all funds dedicated to GEV is 0.37%, an increase of 21.19%. Total shares owned by institutions increased in the last three months by 1.60% to 243,141K shares. 
The put/call ratio of GEV is 0.66, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital International Investors holds 11,860K shares representing 4.30% ownership of the company. In its prior filing, the firm reported owning 3,521K shares , representing an increase of 70.32%. The firm increased its portfolio allocation in GEV by 366.88% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,718K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 8,666K shares , representing an increase of 0.59%. The firm increased its portfolio allocation in GEV by 40.47% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 7,197K shares representing 2.61% ownership of the company. In its prior filing, the firm reported owning 7,035K shares , representing an increase of 2.25%. The firm increased its portfolio allocation in GEV by 39.97% over the last quarter.
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main holds 6,438K shares representing 2.34% ownership of the company. In its prior filing, the firm reported owning 6,401K shares , representing an increase of 0.58%. The firm decreased its portfolio allocation in GEV by 59.66% over the last quarter.
Geode Capital Management holds 5,594K shares representing 2.03% ownership of the company. In its prior filing, the firm reported owning 5,514K shares , representing an increase of 1.44%. The firm increased its portfolio allocation in GEV by 39.06% over the last quarter.
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