GE Vernova reports first quarter 2025 financial results

Today, GE Vernova Inc., a Delaware-based company specializing in electronic and other electrical equipment manufacturing, disclosed its financial results for the first quarter of 2025. The company, which generated revenue of $34.94 billion in the last twelve months and maintains a market capitalization of $89.13 billion, made the announcement via its investor relations website and filed an 8-K with the Securities and Exchange Commission. According to InvestingPro analysis, GE Vernova has demonstrated strong profitability, with positive earnings over the past year.

The company, listed on the New York Stock Exchange under the ticker (NYSE:GEV), has not provided specific details of the financial results in the summary of the 8-K filing. As a prominent player in the Electrical Equipment industry with an "GOOD" Financial Health score according to InvestingPro, the full results are available on their website as of today, and they have been incorporated by reference into the 8-K filing as Exhibit 99.

It is important to note that the information provided under Item 2.02, including the financial results, is considered furnished and not filed. Therefore, it is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934, nor will it be incorporated by reference into any future filings under the Securities Act of 1933 or the Exchange Act.

GE Vernova Inc., formerly known as GE Vernova LLC before its name change on October 10, 2023, operates out of its principal executive offices located at 58 Charles Street, Cambridge, MA, 02141. The provided business phone number is 617-674-7555.

Investors and stakeholders are encouraged to review the detailed financial results provided by the company to assess its performance in the first quarter, with the next earnings announcement scheduled for April 23, 2025. The release of these financial statements is a regular practice for publicly traded companies to maintain transparency with the market and comply with regulatory requirements. For deeper insights into GE Vernova’s financial health and future prospects, investors can access comprehensive analysis and 12+ additional ProTips through InvestingPro’s detailed research reports.

This news article is based on a press release statement and the 8-K filing made by GE Vernova Inc. with the SEC.

In other recent news, GE Vernova has been the focus of several analyst updates and corporate developments. Jefferies has increased its price target for GE Vernova to $418 from $413, maintaining a "Buy" rating, citing strong demand in the Power and Electrification sectors. Meanwhile, Mizuho (NYSE:MFG) has reduced its price target to $375, keeping an Outperform rating, due to tempered expectations for the first quarter’s EBITDA margins. JPMorgan has also adjusted its price target to $425 from $436, while continuing to rate the stock as Overweight, noting GE Vernova’s strong performance and advantageous tariff positioning. Truist Securities reaffirmed its Buy rating and $440 price target following GE Vernova’s announcement to supply gas turbines for a new data center in Pennsylvania. This project involves repurposing a former coal-burning power plant and is seen as a significant development for the company. Each of these updates reflects varying perspectives on GE Vernova’s financial outlook and market position. Additionally, Macquarie has initiated coverage on Dongfang Electric with an Outperform rating, highlighting China’s investment in nuclear power as a growth driver. These recent developments provide a snapshot of the evolving landscape for these companies in the energy sector.

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