Susquehanna Cuts GE Vernova (GEV) Price Target to $1,270

Susquehanna has reiterated its Positive rating on GE Vernova Inc. (NYSE: GEV) on October 14, 2026. The firm set a new price target of $1,270, down from $1,300.

GE Vernova Inc.'s Trade

GE Vernova's shares were recently trading around $924.47 as of October 16, 2026. This price is below both the 50-day moving average of about $967.25 and the 200-day moving average of around $931.06. The stock is also about 22.7% below its 52-week high of $1,195.94 but is 74.4% above its 52-week low of $530.16.

Other Institutional Activity in GE Vernova

Several institutional investors have maintained or adjusted their stakes in GE Vernova. Blackrock Inc. grew its holdings by 1,038,354 shares, ending with 21,763,980 shares worth about $20.0 billion. Vanguard Capital Management LLC added 35,034 shares, bringing its total to 17,552,000 shares valued at approximately $16.2 billion. State Street Corporation increased its position by 370,338 shares, totaling 11,765,340 shares worth about $10.8 billion. Meanwhile, FMR, LLC reduced its stake by 2,185,672 shares, resulting in 16,150,499 shares valued at about $14.9 billion.

GE Vernova Inc. Stock Down 1.8%

As of October 16, 2026, GE Vernova shares are trading below their recent average prices, suggesting potential volatility. The stock is currently 24.5% below the mean analyst target price of $1,223.98, indicating that analysts see room for growth if the company performs well.

Recent Earnings

For the trailing twelve months ending October 16, 2026, GE Vernova reported total revenue of approximately $41.4 billion, with an EPS of $32.18. The company's net margin stands at 23.0%, and it has shown a revenue growth of 21.9% year-over-year. The next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at GE Vernova Inc.

Insider transactions at GE Vernova have shown significant activity. Chief Financial Officer Kenneth Scott Parks sold 3,300 shares at an average price of $620.00 on August 26, 2025, totaling $2,046,000. Officer Steven Baert sold 5,300 shares at $850.00 on March 3, 2026, for a total of $4,505,000. Other insiders, including Matthew Joseph Potvin and Victor Abate, also made notable sales earlier this year.

Analysts Set New Price Targets

On October 14, 2026, Susquehanna maintained its Positive rating on GE Vernova with a target price of $1,270, reduced from $1,300. Earlier, on October 9, 2026, JP Morgan maintained an Overweight rating with a target of $1,150, down from $1,330. The consensus among analysts offers a mean target price of about $1,223.98, with 33 analysts providing opinions on the stock.

About GE Vernova Inc.

GE Vernova Inc. is an energy company that provides various products and services for generating, transferring, and storing electricity. The company operates in several regions, including the U.S., Europe, and Asia, through its segments: Power, Wind, and Electrification. With a workforce of around 78,000 employees, GE Vernova plays a crucial role in the energy sector, focusing on innovative solutions for its customers.

Bottom Line

Investors should watch for GE Vernova's upcoming earnings report on October 28, 2026, for insights into its financial performance. With the stock trading below key moving averages and analyst targets, further developments in the company's operations will be critical to its market position.