GE Vernova Shares Slump 4.45% as Forward P/E Jumps to 63.1x
GE Vernova shares fell 4.45% to close at $842 following a broader market decline despite a 16.7% one-month gain versus a 12.6% sector rise. Q1 estimates call for $1.80 EPS (+97.8% YoY) on $9.19B revenue (+14.4% YoY) while forward P/E stands at 63.1 versus 18.9 industry average.
1. Stock Price Movement
GE Vernova shares fell 4.45% to close at $842.00 in the latest session, underperforming the S&P 500's 0.94% decline and trailing the Oils-Energy sector and Nasdaq by over two percentage points. Over the past month shares have climbed 16.72%, outpacing the sector’s 12.58% gain while the broader index lost ground.
2. Analyst Estimates and Outlook
Consensus forecasts for Q1 predict $1.80 EPS, a 97.8% year-over-year increase, on $9.19 billion in revenue, up 14.4%. Full-year projections call for $13.96 EPS (down 21.1% YoY) and $44.67 billion in revenue (up 17.3%).
3. Valuation and Sentiment
The stock holds a Zacks Rank of #3 (Hold) and trades at a forward P/E of 63.11, compared with the 18.86 industry average. Its PEG ratio of 3.51 exceeds the 2.03 sector norm, and its industry sits in the bottom 34% by analyst sentiment ranking.