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GE Vernova Inc. (NYSE:GEV), a prominent player in the Electrical Equipment industry with a market capitalization of $159 billion, released its third-quarter 2025 financial results Wednesday on its investor relations website. The company made the announcement in a press release, according to a statement filed with the Securities and Exchange Commission. InvestingPro data shows GEV maintains a strong financial position with more cash than debt on its balance sheet.
No additional financial details or performance metrics were included in the SEC filing. The company stated that the full results are available as an exhibit attached to the filing and on its website. Based on recent InvestingPro analysis, GEV appears to be trading above its Fair Value, with the stock showing an impressive 84% return over the past six months and generating annual revenue of $36.6 billion.
GE Vernova, headquartered in Cambridge, Massachusetts, is listed on the New York Stock Exchange under the ticker GEV. The filing was signed by Matthew J. Potvin, Vice President, Controller and Chief Accounting Officer.
This article is based on a press release statement provided in a SEC filing.
In other recent news, GE Vernova announced its plan to acquire the remaining 50% stake in its joint venture, Prolec GE, for $5.275 billion. This acquisition is expected to finalize by mid-2026, pending regulatory approvals, and will grant GE Vernova full control over the grid equipment supplier. BMO Capital maintained its Outperform rating for GE Vernova, with a price target of $690, following this acquisition announcement. Meanwhile, GLJ Research raised its price target for the company from $702 to $758, keeping a Buy rating, despite noting a return of AI fatigue and short positions being taken by some investors.
Mizuho also adjusted its price target for GE Vernova, increasing it slightly from $670 to $677, while maintaining a Neutral rating, citing concerns over lower onshore wind sales and reduced profitability projections for 2026. On the other hand, Rothschild Redburn downgraded GE Vernova’s stock from Neutral to Sell, setting a price target of $475. This downgrade was based on their analysis that the current share price reflects margin expectations deemed implausibly positive in the long term. These developments highlight varying perspectives from analysts on GE Vernova’s financial outlook and strategic moves.
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