GE Vernova Set For $2.5B Free Cash Flow By 2026 Amid Energy Transition Boom, Bullish Analyst Says
GE Vernova Set For $2.5B Free Cash Flow By 2026 Amid Energy Transition Boom, Bullish Analyst Says
Levy writes that GEV is in the early stages of a growth inflection that will significantly enhance shareholder value through future buybacks and dividends, as well as an exceptional M&A opportunity set. The analyst estimates free cash flow approaching $2.5 billion by 2026.GE Vernova Inc. (NYSE:GEV) shares are trading lower on Thursday. Truist Securities analyst Jordan Levy initiated coverage on the company with a Buy Rating and a price target of $300.
通用電氣沃諾瓦公司（NYSE:GEV）股價週四下跌。Truist證券分析師Jordan Levy發起了對該公司的覆蓋，評級爲買入，並設定了300美元的目標價。
The analyst writes that GEV is uniquely positioned to capitalize on the multiple secular tailwinds driving the energy transition.
分析師寫道，GEV在獨特的定位下，能夠充分利用推動能源轉型的多個結構性勢頭。
Notably, the analyst anticipates further upside as GEV accelerates growth and margin expansion, driven by significant shifts in U.S. power demand.
值得注意的是，分析師預計隨着GEV加速增長和利潤率擴張，美國電力需求的顯著轉變將帶來進一步上漲。
Levy writes that GEV is in the early stages of a growth inflection that will significantly enhance shareholder value through future buybacks and dividends, as well as an exceptional M&A opportunity set. The analyst estimates free cash flow approaching $2.5 billion by 2026.
Levy寫道，GEV正處於一個增長轉折的早期階段，通過未來的股票回購和分紅，以及卓越的併購機會，將大幅增強股東價值。分析師預計到2026年，自由現金流接近250億美元。
GEV is capitalizing on its strong position in the electrification segment by shifting focus to higher-margin, supply-constrained markets in the U.S, adds the analyst.
GEV正在通過將重點轉向美國較高利潤、供應受限市場，充分利用其在電氣化領域的強勢地位，由分析師補充。
Levy anticipates an EBITDA of $4.6 billion for 2026, about 6% above current estimates, with both the power and electrification segments likely to achieve mid-teens EBITDA margins by the end of 2026.
Levy預計到2026年，EBITDA達到460億美元，較目前估值高出約6%，預計電力和電氣化部門都有望在2026年底實現中等青少年EBITDA利潤率。
The analyst projects a doubling of topline revenue and a 400 basis point increase in EBITDA margins for the electrification segment over the next two years, with long-term margins potentially nearing 20%.
分析師預測電氣化部門的總收入翻番，並預計未來兩年內EBITDA利潤率增加400個點子，長期利潤率有望接近20%。
GEV is set to expand capacity for its heavy-duty turbines in response to strong demand signals, adds the analyst.
分析師補充道，GEV將擴大重型渦輪機的產能以響應強勁的需求信號。
The analyst projects power 2026 revenues and EBITDA to reach $20 billion and $3 billion, respectively, surpassing Street estimates of $19.6 billion and $2.7 billion.
分析師預計到2026年，營業收入和EBITDA將分別達到200億美元和30億美元，超過街頭預期的196億美元和27億美元。
In another development, GE Vernova disclosed today that it has been chosen by the U.S. Department of Energy's Hydrogen and Fuel Cell Technologies Office (HFTO) to lead award negotiations for a project aimed at improving permitting and safety for hydrogen deployment.
另一個消息是，GE Vernova 今天披露，已被美國能源部的氫能與燃料電池技術辦公室（HFTO）選中，領導一個旨在提高氫氣部署許可和安全性的項目的獎勵談判。
Investors can gain exposure to the stock via Invesco S&P Spin-Off ETF (NYSE:CSD) and Fidelity Clean Energy ETF (BATS:FRNW).
投資者可以通過Invesco S&P Spin-Off ETF（紐交所：CSD）和Fidelity Clean Energy ETF（BATS：FRNW）獲得該股的股票 Exposure。
Price Action: GEV shares are down 1.38% at $251.54 at the last check Thursday.
價格走勢：GEV股票週四最後一次檢查時下跌1.38%，報251.54美元。
- GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst
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譯文內容由第三人軟體翻譯。