GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Americas, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides grid solutions, power conversion, solar, and storage solutions; and electrification software for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The company was incorporated in 2023 and is headquartered in Cambridge, Massachusetts.
Clean Energy Pionee | GE Vernova emerges as a key player in the energy transition, leveraging its strong market presence and diverse portfolio across power generation and electrification |
Financial Strength | Debt-free balance sheet and $115 billion backlog provide a solid foundation for growth, with analysts projecting significant earnings expansion through 2028 |
Growth Catalysts | Explore how GEV is positioned to capitalize on the global shift towards cleaner energy, potential gas power super-cycle, and rising electricity demand |
Analyst Outlook | Price targets range from $180 to $320, with an upcoming investor event potentially revealing upside to consensus estimates and capital deployment initiatives |
Metrics to compare | GEV | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipGEVPeersSector | |
---|---|---|---|---|
P/E Ratio | 74.9x | 30.7x | 11.7x | |
PEG Ratio | - | 0.33 | 0.03 | |
Price/Book | 10.0x | 2.4x | 1.4x | |
Price / LTM Sales | 2.8x | 0.8x | 1.2x | |
Upside (Analyst Target) | 3.0% | −1.8% | 20.6% | |
Fair Value Upside | Unlock | 18.5% | 6.0% | Unlock |