GE Vernova Inc [NYSE: GEV] price surged by 2.67 percent to reach at $11.1.
The one-year GEV stock forecast points to a potential downside of -12.31. The average equity rating for GEV stock is currently 1.59, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $380.27 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 1.59. 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.
Daiwa Securities have made an estimate for GE Vernova Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 11, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Buy. The new note on the price target was released on December 05, 2024, representing the official price target for GE Vernova Inc stock. Previously, the target price had yet another raise to $403, while Wolfe Research analysts kept a Outperform rating on GEV stock. On November 25, 2024, analysts increased their price target for GEV shares from 285 to 376.
The Average True Range (ATR) for GE Vernova Inc is set at 15.51, with the Price to Sales ratio for GEV stock in the period of the last 12 months amounting to 3.42. The Price to Book ratio for the last quarter was 12.39, with the Price to Cash per share for the same quarter was set at 26.83. Price to Free Cash Flow for GEV in the course of the last twelve months was 42.35 with Quick ratio for the last quarter at 0.76.
GEV Stock Performance Analysis:
GE Vernova Inc [GEV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.73. With this latest performance, GEV shares gained by 34.68% in over the last four-week period, additionally plugging by 156.12% 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 80.06, with the RSI for the last a single of trading hit 87.75, and the three-weeks RSI is set at 74.99 for GE Vernova Inc [GEV]. The present Moving Average for the last 50 days of trading for this stock 347.52, while it was recorded at 404.51 for the last single week of trading, and 233.36 for the last 200 days.
Insight into GE Vernova Inc Fundamentals:
GE Vernova Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 1.03.
GEV Stock EPS
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 29.00%.
GE Vernova Inc [GEV] Institutonal Ownership Details
There are presently around $80.16%, or 80.24%% of GEV stock, in the hands of institutional investors.
