GE Vernova Up 1.1% to $839.20; Q1 EPS Expected to Jump 97.8%
GE Vernova shares rose 1.1% to $839.20, outpacing the S&P 500’s 0.21% decline and advancing 3.6% over one month versus a 6.1% oils-energy sector gain. Q1 EPS is projected at $1.80 (+97.8%) on $9.19 billion revenue (+14.4%); shares trade at a 59.5x forward P/E.
1. Stock Performance
In the latest session, GE Vernova shares climbed 1.1% to $839.20, outpacing the S&P 500’s 0.21% decline, while the Dow fell 0.07% and the Nasdaq edged up 0.01%. Over the past month, shares have risen 3.56%, lagging the oils-energy sector’s 6.06% gain but outperforming the S&P 500’s 2.26% drop.
2. Earnings Forecast
Analysts forecast Q1 EPS of $1.80, up 97.8% year-over-year, on $9.19 billion in revenue, a 14.4% increase from the prior-year quarter. Full-year consensus EPS stands at $13.96, a 21.1% decline year-over-year, with revenue projections of $44.67 billion, up 17.3%.
3. Valuation Metrics
Shares trade at a forward P/E of 59.45, a premium to the industry average of 18.33. The PEG ratio stands at 3.3 versus an industry average of 1.8, reflecting steep valuation relative to expected earnings growth.