In recent trading session, GE Vernova Inc (NYSE:GEV) saw 0.76 million shares changing hands at last check today with its beta currently measuring 1.40. Company’s recent per share price level of $311.29 trading at $11.05 or 3.68% at last check today assigns it a market valuation of $85.89B. That most recent trading price of GEV’s stock is at a discount of -43.76% from its 52-week high price of $447.50 and is indicating a premium of 63.06% from its 52-week low price of $115.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.42 million shares which gives us an average trading volume of 4.00 million if we extend that period to 3-months.
For GE Vernova Inc (GEV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.61. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.31 in the current quarter.
GE Vernova Inc (NYSE:GEV) trade information
Upright in the green today for gaining 3.68%, in the last five days GEV remained trading in the green while hitting it’s week-highest on Friday, 03/14/25 when the stock touched $311.29 price level, adding 0.23% to its value on the day. GE Vernova Inc’s shares saw a change of -5.36% in year-to-date performance and have moved 7.60% in past 5-day. GE Vernova Inc (NYSE:GEV) showed a performance of -15.79% in past 30-days. Number of shares sold short was 3.99 million shares which calculate 0.99 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 324 to the stock, which implies a rise of 3.92% to its recent value today. Analysts have been projecting 165 as a low price target for the stock while placing it at a high target of 420. It follows that stock’s current price would jump 46.99% in reaching the projected high whereas dropping to the targeted low would mean a gain of 46.99% for stock’s current value.
GE Vernova Inc (GEV) estimates and forecasts
This year revenue growth is estimated to rise 5.20% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7.56B for the same. And 16 analysts are in estimates of company making revenue of 8.7B in the next quarter. Company posted 7.26B and 8.2B of sales in current and next quarters respectively a year earlier.
GE Vernova Inc (NYSE:GEV)’s Major holders
Insiders are in possession of 0.12% of company’s total shares while institution are holding 79.61 percent of that, with stock having share float percentage of 79.71%. Investors also watch the number of corporate investors in a company very closely, which is 79.61% institutions for GE Vernova Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GEV for having 26.9 million shares of worth $4.61 billion. And as of 2024-06-30, it was holding 9.8165 of the company’s outstanding shares.
The second largest institutional holder is FMR LLC, which was holding about 23.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.5633 of outstanding shares, having a total worth of $4.02 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 8.63 shares of worth $2.71 billion or 3.13% of the total outstanding shares. The later fund manager was in possession of 7.46 shares on Dec 31, 2024, making its stake of worth around $2.34 billion in the company or a holder of 2.70% of company’s stock.
