Veytics Intelligence
2026-09-21 · Yahoo

Wall Street Just Got More Bullish on GE Vernova. Consensus Now Puts the Target at $1,237.

Wall Street Just Got More Bullish on GE Vernova. Consensus Now Puts the Target at $1,237. ©TIKR Key Takeaways GE Vernova shares fell alongside the broader AI-stock selloff in mid-September, but Street price targets climbed every single quarter this year, leaving the September 18 close about 32% below the average analyst target, the widest gap in the past 15 months of data. Net income swung wildly the past two quarters mostly because of one-time items, not operations. Q1 2026's $4.75 billion net income included $4.5 billion of pretax gains tied to the Prolec GE acquisition, while EBITDA, the steadier read on core profitability, kept climbing to $1.25 billion in Q2 2026. GEV's forward price-to-earnings multiple has compressed to about 44.

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