Guggenheim Rates GE Vernova (GEV) Buy, $1,450 Price Target
Guggenheim maintains its Buy rating on GE Vernova Inc. with a price target of $1,450 as of October 13, 2026, a 56.85% upside from the current price.
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Guggenheim rated GE Vernova Inc. ($GEV) "Buy" with a $1,450 price target on October 13, 2026.
Since the rating, $GEV is down 8.2% to date (from the $1,004.04 close on Oct 13, 2026).
Key Points
- Guggenheim reiterated its Buy rating for GE Vernova Inc. on October 13, 2026, with a price target of $1,450.
- Guggenheim's $1,450 price target implies 56.85% upside from GE Vernova Inc.'s ($GEV) current $924.47 share price.
- As of October 16, 2026, GE Vernova shares traded at $924.47, about 24.5% below the average analyst target of $1,223.98.
- The company has a market cap of approximately $246.7 billion and reported a revenue growth of 21.9% year-over-year.
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Guggenheim reiterated its Buy rating for GE Vernova Inc. (NYSE: GEV) on October 13, 2026, maintaining a price target of $1,450. This is the same target as before, indicating the firm's confidence in the company's future performance despite current market conditions.
Other Institutional Activity in GE Vernova Inc.
Blackrock Inc. holds 21,763,980 shares of GE Vernova, after increasing its stake by 1,038,354 shares, valued at about $20.0 billion. Vanguard Capital Management LLC has 17,552,000 shares, having added 35,034 shares worth around $16.2 billion. State Street Corporation increased its holdings by 370,338 shares, totaling 11,765,340 shares valued at about $10.8 billion. FMR, LLC reduced its stake by 2,185,672 shares, now owning 16,150,499 shares worth about $14.9 billion.
GE Vernova Inc. Stock Down 1.8%
Recently trading at $924.47 as of October 16, 2026, GE Vernova's stock is about 24.5% below the mean analyst price target of $1,223.98. The stock is also below its 50-day moving average by 4.4% and its 200-day moving average by 0.7%. Over the past year, shares have traded between $530.16 and $1,195.94, indicating they are currently above their 52-week low by 74.4% but below the high by 22.7%.
$GEV price target
GE Vernova Inc. daily closes and this analyst's $1,450 target. Not advice.
Recent Earnings
For the trailing twelve months, GE Vernova reported revenue of approximately $41.4 billion, with a net margin of 23.0% and a return on equity of 82.6%. The next earnings report is scheduled for October 28, 2026.
Insider Buying and Selling at GE Vernova Inc.
Several insiders have sold shares recently. Kenneth Scott Parks, the Chief Financial Officer, sold 3,300 shares on August 26, 2025, at an average price of $620, totaling about $2.05 million. Officer Steven Baert sold 5,300 shares on March 3, 2026, for about $4.5 million at an average price of $850. Matthew Joseph Potvin, another officer, sold 2,333 shares on May 14, 2026, for approximately $2.47 million at $1,059.09 per share. Victor Abate also sold 4,819 shares on June 1, 2026, at an average price of $948.08, totaling about $4.57 million.
Analysts Set New Price Targets
On October 13, 2026, Guggenheim reiterated its Buy rating for GE Vernova with a price target of $1,450. Earlier, JP Morgan maintained an Overweight rating with a target of $1,150 on October 9, 2026, while Bernstein reiterated an Outperform rating with a target of $1,298 on September 15, 2026. The consensus among analysts is a Buy rating, with an average target price of $1,223.98 based on 33 opinions.
About GE Vernova Inc.
GE Vernova Inc. is an energy company that provides products and services for generating, transferring, and storing electricity across several regions, including the U.S., Europe, and Asia. The company operates in three main segments: Power, Wind, and Electrification, serving various industrial and governmental clients.
Bottom Line
Investors should watch for GE Vernova's upcoming earnings report on October 28, 2026, and any further updates from analysts regarding their ratings and price targets. Guggenheim's reaffirmed Buy rating and price target suggest confidence in the company's growth potential despite current stock trading levels.
Source: Guggenheim's rating change on $GEV (Oct 13, 2026). Written by software, not financial advice. How we make alerts
