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GE Vernova (GEV) Outperforms Broader Market: What You Need to Know
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GE Vernova (GEV - Free Report) closed at $923.69 in the latest trading session, marking a +1.57% move from the prior day. This change outpaced the S&P 500's 0.54% gain on the day. Elsewhere, the Dow saw an upswing of 0.66%, while the tech-heavy Nasdaq appreciated by 0.77%.
Heading into today, shares of the the energy business spun off from General Electric had gained 3.37% over the past month, lagging the Oils-Energy sector's gain of 9.9% and outpacing the S&P 500's loss of 4.71%.
The investment community will be paying close attention to the earnings performance of GE Vernova in its upcoming release. The company is slated to reveal its earnings on April 22, 2026. The company is predicted to post an EPS of $1.74, indicating a 91.21% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $9.19 billion, up 14.39% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $14.06 per share and a revenue of $44.7 billion, demonstrating changes of -20.52% and +17.43%, respectively, from the preceding year.
Any recent changes to analyst estimates for GE Vernova should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.68% higher. Right now, GE Vernova possesses a Zacks Rank of #3 (Hold).
In terms of valuation, GE Vernova is currently trading at a Forward P/E ratio of 64.69. Its industry sports an average Forward P/E of 18.93, so one might conclude that GE Vernova is trading at a premium comparatively.
Meanwhile, GEV's PEG ratio is currently 3.59. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Alternative Energy - Other industry was having an average PEG ratio of 2.42.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 92, placing it within the top 38% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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GE Vernova (GEV) Outperforms Broader Market: What You Need to Know
GE Vernova (GEV - Free Report) closed at $923.69 in the latest trading session, marking a +1.57% move from the prior day. This change outpaced the S&P 500's 0.54% gain on the day. Elsewhere, the Dow saw an upswing of 0.66%, while the tech-heavy Nasdaq appreciated by 0.77%.
Heading into today, shares of the the energy business spun off from General Electric had gained 3.37% over the past month, lagging the Oils-Energy sector's gain of 9.9% and outpacing the S&P 500's loss of 4.71%.
The investment community will be paying close attention to the earnings performance of GE Vernova in its upcoming release. The company is slated to reveal its earnings on April 22, 2026. The company is predicted to post an EPS of $1.74, indicating a 91.21% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $9.19 billion, up 14.39% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $14.06 per share and a revenue of $44.7 billion, demonstrating changes of -20.52% and +17.43%, respectively, from the preceding year.
Any recent changes to analyst estimates for GE Vernova should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.68% higher. Right now, GE Vernova possesses a Zacks Rank of #3 (Hold).
In terms of valuation, GE Vernova is currently trading at a Forward P/E ratio of 64.69. Its industry sports an average Forward P/E of 18.93, so one might conclude that GE Vernova is trading at a premium comparatively.
Meanwhile, GEV's PEG ratio is currently 3.59. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Alternative Energy - Other industry was having an average PEG ratio of 2.42.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 92, placing it within the top 38% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.