Truist Financial analyst Jordan Levy maintains $GE Vernova (GEV.US)$ with a buy rating, and maintains the target price at $325.
According to TipRanks data, the analyst has a success rate of 23.0% and a total average return of -22.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $GE Vernova (GEV.US)$'s main analysts recently are as follows:
The firm acknowledges the substantial year-over-year bookings in Power and Electrification as indicative of a robust demand environment. It is suggested that a pathway towards approximately a 20% EBITDA margin within the company's Power business may be on the horizon.
Following Q3 results, analysts have applied a higher multiple to the adjusted EBITDA estimate for 2026, to reflect the re-rating higher of peers and the company's accelerated earnings trajectory.
The company's Q3 results were considered sufficiently strong to support the recent uptick in the stock's performance. The anticipation of sustained demand and pricing strength in the Power and Electrification segments is expected to keep investors engaged leading up to the investor event on December 10. At this event, updates to long-term growth and margin targets are anticipated. It is also believed that GE Vernova carries comparatively lower U.S. election risk relative to other companies within the same coverage area.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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