GE Vernova LLC

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GE Vernova reports robust Q2 results, raises 2024 guidance

GE Vernova's Q2 2024 Earnings Call showcased strong financial performance, highlighted by growth in Power segment orders and improved margins. Despite challenges in the Wind segment, the company remains focused on safety and quality while pursuing growth opportunities.

GE Vernova reports robust Q3 performance, eyes sustained growth

GE Vernova's Q3 2024 earnings call highlighted strong performance in Power and Electrification segments, with double-digit growth in orders and revenue.
The company reaffirmed its full-year guidance, emphasizing solid results, substantial free cash flow generation, and a commitment to sustainability and innovation.
Despite challenges in offshore wind, GE Vernova remains focused on maintaining financial strength, driving growth, and delivering long-term value for stakeholders.

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GE Vernova, Inc. is a electric power industry. Its products and services generate, transfer, orchestrate, convert, and store electricity. The firm operates through the following segments: Power, Wind and Electrification. The Power segment includes design, manufacture, and servicing of gas, nuclear, hydro, and steam technologies, providing a critical foundation of dispatchable, flexible, stable, and reliable power. The Wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. The Electrification segment includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The Company was founded November 09, 2021 and is headquartered in Cambridge, Massachusetts.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Is GE Vernova (GEV) a Buy as Wall Street Analysts Look Optimistic?

General Electric

U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing joint venture from state-owned Dussur.

GE Vernova buys remaining stake in Saudi JV from Dussur

Energy equipment maker GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated and blamed the latest mishap on strong winds.

GE Vernova blames latest offshore wind blade failure on high winds, shares rise

GE Vernova (GEV) shares jumped Thursday to their all-time high after William Blair analyst Jed Dorsheimer initiated coverage of the power-generation equipment and services company with an "outperform" rating, citing the demand for energy to run artificial intelligence (AI) products.

GE Vernova Stock Hits Record High Amid AI Power Demand Optimism

GEV rides on rising electricity demand and enhancing grid modernization efforts, despite inflation pressure and the challenges it faces in the wind market.

GE Vernova Stock Surges 31% YTD: Should You Buy Now or Later?

William Blair analyst Jed Dorsheimer launched coverage of GE Vernova stock with a Buy rating. Now 74% of analysts covering the electricity-production technology firm are bullish.

Buy GE Vernova Stock Because of a Fossil Fuel, Says Analyst

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GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.

GE Vernova falls after turbine blade failure at offshore UK wind farm

GE Vernova is highly leveraged to global catalysts such as increasing electricity and natural gas usage. The firm's impressive second-quarter results show that it is already benefiting from these trends. GE Vernova's valuation is attractive, making it a buy for medium-to-long-term investors.

GE Vernova: Positive Macro Catalysts Are Likely To Boost The Stock

An upgrade of Enphase appears to be lifting shares of other companies tied to green energy.

GE Vernova Stock Is Rising. Thank Enphase.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Brokers Suggest Investing in GE Vernova (GEV): Read This Before Placing a Bet

NEW YORK CITY, NY / ACCESSWIRE / August 2, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GEV INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into GE Vernova Inc. and Encourages Clients to Contact the Firm!

NEW YORK CITY, NY / ACCESSWIRE / August 1, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GEV SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into GE Vernova Inc. and Encourages Shareholders to Contact the Firm Today!

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. (“GE Vernova” or “the Company”) (NYSE: GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GE Vernova Inc. (GEV) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK CITY, NY / ACCESSWIRE / July 31, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GEV INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into GE Vernova Inc. and Encourages Shareholders to Contact the Firm Today!

LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Invites GE Vernova Inc Stakeholders To Join The Securities Fraud Investigation

NEW YORK CITY, NY / ACCESSWIRE / July 30, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GEV STOCKHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into GE Vernova Inc. and Encourages Investors to Contact the Firm Today!

LOS ANGELES, CA / ACCESSWIRE / July 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Invites GE Vernova Inc Stakeholders To Participate In The Securities Fraud Investigation

NEW YORK CITY, NY / ACCESSWIRE / July 29, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GEV SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into GE Vernova Inc. and Encourages Investors to Contact the Firm Today!

NEW YORK CITY, NY / ACCESSWIRE / July 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GEV INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into GE Vernova Inc. and Encourages Investors to Contact the Firm Today!

NEW YORK, NY / ACCESSWIRE / July 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of GE Vernova Inc. ("GE Vernova") (NYSE:GEV) concerning possible violations of federal securities laws. GE Vernova became the subject of a Wall Street Journal article on July 17, 2024.

GE Vernova Being Investigated on Behalf of GE Vernova Inc. Investors. Contact Levi & Korsinsky For Details.

Lost Money on GE Vernova Inc. (GEV)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK CITY, NY / ACCESSWIRE / July 26, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GE Vernova Inc. ("GE Vernova" or "the Company") (NYSE:GEV). Investors who purchased GE Vernova securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/GEV.

GEV SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into GE Vernova Inc. and Encourages Stockholders to Contact the Firm!

GE Vernova Inc. (NYSE:GEV ) Q2 2024 Earnings Conference Call July 24, 2024 7:30 AM ET Comp ny Participants Michael Lapides - Vice President-Investor Relations Scott Strazik - Chief Executive Officer Ken Parks - Chief Financial Officer Conference Call Participants Mark Strouse - JPMorgan Andy Kaplowitz - Citi Chris Dendrinos - RBC Capital Markets Joe Ritchie - Goldman Sachs Moses Sutton - BNP Andrew Percoco - Morgan Stanley Rob Wertheimer - Melius Research James West - Evercore Maheep Mandloi - Mizuho Operator Good day, ladies and gentlemen, and welcome to GE Vernova's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

GE Vernova Inc. (GEV) Q2 2024 Earnings Call Transcript

NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of GE Vernova Inc. ("GE Vernova") (NYSE:GEV) concerning possible violations of federal securities laws. GE Vernova became the subject of a Wall Street Journal article on July 17, 2024.

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