With a market cap of around $162 billion, GE Vernova Inc. (GEV) is an energy company that provides products and services for generating, transferring, converting, and storing electricity worldwide. Operating through its Power, Wind, and Electrification segments, the company delivers technologies and solutions spanning gas, nuclear, hydro, wind, solar, and energy storage systems.
The Cambridge, Massachusetts-based company is expected to release its fiscal Q3 2025 results before the market opens on Wednesday, Oct. 22. Ahead of this event, analysts project GEV to report an EPS of $1.76, a significant 402.9% growth from $0.35 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in three of the last four quarters while missing on another occasion.
For fiscal 2025, analysts forecast the power equipment maker to report EPS of $7.64, up 218.3% from $2.40 in fiscal 2024.
GEV stock has climbed 125.3% over the past 52 weeks, significantly outperforming the broader S&P 500 Index's ($SPX) 16.9% return and the Industrial Select Sector SPDR Fund's (XLI) 13.9% gain over the same period.
Shares of GE Vernova surged 14.6% on Jul. 23 after the company posted stronger-than-expected Q2 2025 results, with profit of $1.86 and revenue of $9.11 billion. The company also raised its full-year free cash flow forecast to $3 billion - $3.5 billion, a more than 44% increase at the midpoint, and guided 2025 revenue toward the high end of $36 billion - $37 billion. Strong performances from its Power unit, with profit up 27% to $778 million, and its Electrification unit, with profit more than doubling to $332 million, further fueled investor optimism.
Analysts' consensus view on GEV stock is cautiously optimistic, with an overall "Moderate Buy" rating. Among 28 analysts covering the stock, 18 suggest a "Strong Buy," one gives a "Moderate Buy," and nine provide a "Hold" rating. The average analyst price target for GE Vernova is $667.67, indicating a potential upside of 12.2% from the current levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
