GE Vernova Falls 8.6% as $470 Target Challenges Its Power-Boom Valuation

This article first appeared on GuruFocus. A $470 price target put a sharp valuation challenge in front of GE Vernova (NYSE:GEV), the power-equipment manufacturer, Monday. Shares fell 8.6% to $874.85 after Barron's reported that GLJ Research analyst Gordon Johnson initiated a Sell rating. His target sits roughly 46.9% below the stock's current price, turning the debate from whether electricity and AI infrastructure demand is strong to whether investors are already paying too much for that growth. Is GEV fairly valued? Test your thesis with our free DCF calculator. GE Vernova still has plenty of industrial demand behind the story.