Professional
Added to YB: 2025-05-22
Pitch date: 2025-05-20
GEV [neutral]
GE Vernova Inc.
+50.4%
current return
Author Info
No bio for this author
Company Info
GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Americas, the Middle East, and Africa.
Market Cap
$169.7B
Pitch Price
$446.62
Price Target
460.00 (-32%)
Dividend
0.16%
EV/EBITDA
48.37
P/E
101.87
EV/Sales
4.36
Sector
Electrical Equipment
Category
growth
JPMorgan Reiterates Overweight on GE Vernova, $460 Target
GEV: JPM reiterates OW, $460 PT. Electrification segment underappreciated - Grid Solutions poised for fastest growth with 3x backlog growth since 2022. HVDC ($7-8B backlog) key growth driver. Standalone status driving cross-selling opportunities. 30% backlog conversion rate in FY25 suggests upside to guidance/consensus. Software (3% of rev) needs execution but promising.
Read full article (2 min)