GE Vernova Inc. [GEV] Stock trading around $272.00 per share: What’s Next?

GE Vernova Inc. [NYSE: GEV] plunged by -$2.77 during the normal trading session on while it closed the day at $272.00.

GE Vernova Inc. stock has also gained 2.79% of its value over the past 7 days. However, GEV stock has inclined by 66.52% in the 3 months of the year. Over the past six months meanwhile, it has gained 98.22% and gained 107.24% year-on date.

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The market cap for GEV stock reached $74.75 billion, with 274.80 million shares outstanding and 274.44 million shares in the current float. Compared to the average trading volume of 2.93M shares, GEV reached a trading volume of 2452145 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about GE Vernova Inc. [GEV]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEV shares is $268.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GEV stock is a recommendation set at 1.72. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

HSBC Securities have made an estimate for GE Vernova Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 04, 2024. The new note on the price target was released on October 02, 2024, representing the official price target for GE Vernova Inc. stock. Previously, the target price had yet another raise to $300, while Truist analysts kept a Buy rating on GEV stock.

The Average True Range (ATR) for GE Vernova Inc. is set at 8.02 The Price to Book ratio for the last quarter was 8.24, with the Price to Cash per share for the same quarter was set at 21.03.

GEV stock trade performance evaluation

GE Vernova Inc. [GEV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.79. With this latest performance, GEV shares gained by 15.42% in over the last four-week period, additionally plugging by 98.22% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GEV stock in for the last two-week period is set at 72.02, with the RSI for the last a single of trading hit 69.96, and the three-weeks RSI is set at 71.89 for GE Vernova Inc. [GEV]. The present Moving Average for the last 50 days of trading for this stock 222.53, while it was recorded at 269.90 for the last single week of trading.

GE Vernova Inc. [GEV]: An insightful look at the core fundamentals

GE Vernova Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.74 and a Current Ratio set at 1.01.

Earnings per share (EPS) analysis for GE Vernova Inc. [GEV] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GEV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GE Vernova Inc. go to 35.00%.