TD Cowen initiated coverage on GE Vernova with a new price target
$GEV
TD Cowen initiated coverage of GE Vernova with a rating of Buy and set a new price target of $400.00
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Recent Analyst Ratings for $GEV
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/13/2025 | $448.00 | Outperform | Robert W. Baird |
| 2/7/2025 | $425.00 | Buy | Johnson Rice |
| 1/24/2025 | $380.00 | Buy → Neutral | Guggenheim |
| 12/11/2024 | $336.00 → $348.00 | Buy → Outperform | Daiwa Securities |
| 12/5/2024 | $400.00 | Buy | TD Cowen |
| 12/4/2024 | $403.00 | Outperform | Wolfe Research |
| 11/25/2024 | $285.00 → $376.00 | Outperform | RBC Capital Mkts |
| 11/21/2024 | $385.00 | Overweight | Wells Fargo |
GE Vernova to Invest Almost $600 Million in U.S. Factories and Facilities Over Next Two Years
America's leading energy manufacturer expects to create approximately 1,500 new factory and engineering jobs in the U.S. Expansions at company's U.S. factories and facilities will help meet surging customer demands for electricity equipment at home and abroad Investments focus on gas power, grid, nuclear and onshore wind manufacturing sites Company's world class Advanced Research Center in Niskayuna, NY plans to grow as a leading energy innovation hub while accelerating cutting-edge energy technology development GE Vernova Inc. (NYSE:GEV), America's leading energy manufacturing company, is planning to invest nearly $600 million in its U.S. factories and facilities over the next
Engine No. 1, Chevron, and GE Vernova to Power U.S. Data Centers
New joint development plans to deliver up to four gigawatts (GW) of power by leveraging American energy abundance to drive American AI leadership. Engine No. 1 and Chevron U.S.A. Inc. (NYSE:CVX) announced today the formation of a partnership to build a new company to develop scalable, reliable power solutions for United States (U.S.) based data centers running on U.S. natural gas. Early actions of the Trump Administration are setting the critical foundation to encourage investment leveraging America's energy abundance to enable America's AI leadership. The joint development, in conjunction with GE Vernova (NYSE:GEV), aims to establish the first multi gigawatt-scale co-located power plant
GE Vernova declares $0.25 per share quarterly dividend and initial $6 billion share buyback
GE Vernova (NYSE:GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend and approved an initial $6 billion share repurchase authorization. The quarterly dividend will be payable on January 28, 2025, to shareholders of record as of December 20, 2024. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova's earnings, financial condition, cash requirements, prospects, and other factors. The share repurchase authorization has no expiration date and may be suspended or discontinued at any time. Additional Information GE Vernova's website at https://www.gevernova.com/investors contains a
Robert W. Baird initiated coverage on GE Vernova with a new price target
Robert W. Baird initiated coverage of GE Vernova with a rating of Outperform and set a new price target of $448.00
Johnson Rice initiated coverage on GE Vernova with a new price target
Johnson Rice initiated coverage of GE Vernova with a rating of Buy and set a new price target of $425.00
GE Vernova downgraded by Guggenheim with a new price target
Guggenheim downgraded GE Vernova from Buy to Neutral and set a new price target of $380.00
Chief Executive Officer, Power Zingoni Maria Victoria converted options into 26,955 shares and covered exercise/tax liability with 12,669 shares (SEC Form 4)
4 - GE Vernova Inc. (0001996810) (Issuer)
Chief Financial Officer Parks Kenneth Scott converted options into 17,730 shares and covered exercise/tax liability with 8,573 shares (SEC Form 4)
4 - GE Vernova Inc. (0001996810) (Issuer)
Chief Executive Officer Strazik Scott converted options into 73,337 shares and covered exercise/tax liability with 33,921 shares, increasing direct ownership by 130% to 69,627 units (SEC Form 4)
4 - GE Vernova Inc. (0001996810) (Issuer)
SEC Form SCHEDULE 13G filed by GE Vernova Inc.
SCHEDULE 13G - GE Vernova Inc. (0001996810) (Subject)
SEC Form 424B3 filed by GE Vernova Inc.
424B3 - GE Vernova Inc. (0001996810) (Filer)
SEC Form 10-K filed by GE Vernova Inc.
10-K - GE Vernova Inc. (0001996810) (Filer)
GE Vernova declares $0.25 per share quarterly dividend and initial $6 billion share buyback
GE Vernova (NYSE:GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend and approved an initial $6 billion share repurchase authorization. The quarterly dividend will be payable on January 28, 2025, to shareholders of record as of December 20, 2024. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova's earnings, financial condition, cash requirements, prospects, and other factors. The share repurchase authorization has no expiration date and may be suspended or discontinued at any time. Additional Information GE Vernova's website at https://www.gevernova.com/investors contains a
GE Vernova raises multi-year financial outlook, initiates dividend and authorizes buyback
Strong financial trajectory from robust demand and better execution Now anticipates ~$45B of revenue and 14% adjusted EBITDA margin* by 2028 Plans to invest ~$4B in capex and ~$5B in R&D through 2028 to fuel growth and innovation Expects to generate at least $14B of cumulative free cash flow* from 2025 to 2028 Board of Directors declared a $0.25 per share quarterly dividend, payable in the first quarter of 2025, and approved an initial $6B share repurchase authorization GE Vernova (NYSE:GEV), a unique industry leader enabling customers to accelerate the energy transition, today hosts its 2024 Investor Update event to present its multi-year financial outlook and frame its cap
SEC Form SC 13G filed by GE Vernova Inc.
SC 13G - GE Vernova Inc. (0001996810) (Subject)
SEC Form SC 13G filed by GE Vernova Inc.
SC 13G - GE Vernova Inc. (0001996810) (Subject)