GEV Stock Forecast & Price Target

The financial performance of GE Vernova's power segment demonstrates robust growth, with revenue increasing by 15% year-over-year to $4.84 billion and orders surging 50% year-over-year organically. Overall orders saw a notable organic growth of approximately 55%, reaching $14.6 billion, which is propelled by strong demand in both Power and Electrification segments. Looking ahead, projections indicate a significant increase in service-related Revenue and EBITDA, with the 2030 EBITDA forecast rising by approximately $1.6 billion to around $13.8 billion, highlighting the potential for sustained growth driven by the demand for advanced turbine technology and long-term service agreements.

GE Vernova is facing significant challenges, particularly within its wind segment, where expected EBITDA losses have risen to approximately $400 million, contrasting sharply with prior projections. Despite a nominal increase in orders, the wind segment experienced an 8.4% year-over-year revenue decline, suggesting weakening demand amid ongoing uncertainty surrounding expiring tax credits and potential regulatory changes that could further depress growth. Additionally, the company must navigate various operational risks including supply chain disruptions, project delays, and the successful implementation of cost-reduction initiatives, all of which could detract from its financial performance in the near to medium term.