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Research Alert: CFRA Maintains Buy Opinion On Shares Of Ge Vernova Inc.
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Research Alert: CFRA Maintains Buy Opinion On Shares Of Ge Vernova Inc.
Jul 11, 2025 7:38 AM

10:25 AM EDT, 07/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target $61 to $610, 52x our 2026 EPS estimate, a premium to shares' post GE spin-off (April 2024), two-year forward average P/E of 36.8x, which we view as justified by secular tailwinds, including rising power demand from data center and AI growth, that help augment GEV's favorable position as a leading provider of gas turbines and other equipment. We raise our 2025 EPS view by $0.22 to $7.53 and up our 2026 view by $0.30 to $11.73. GEV's adjusted long-term equipment and services order backlog ($123B as of Q1 earnings), pristine balance sheet (negative net debt), and indications of rapidly expanding margins and FCF in the coming years also support our favorable view. While GEV's valuation implies quite optimistic growth assumptions, which can increase downside risks should AI trends weaken or economic growth slows, we view them as defendable for now. We think shares remain well positioned with low tariff exposure and indications of increasing production capacities within the U.S.

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