Baird has expressed strong confidence in GE Vernova’s capability to cater to the surging demand for energy. They’ve initiated their coverage of this energy services and equipment company with an “outperform” rating, setting a price target of $448 per share. This forecast suggests a potential gain of over 21% from its closing price on Wednesday. According to analyst Ben Kallo, GE Vernova is pivotal in addressing the growing need for energy and its infrastructure, which in turn is anticipated to boost profit margins. “With the increasing demand for energy generation solutions, the company is likely to gain pricing power in the upcoming years, potentially leading to margin improvements and exceeding long-term financial objectives (set through 2028),” Kallo noted.
Kallo also highlighted the appeal of the company’s non-core segments as potential growth catalysts. These include innovative areas like small modular reactors and carbon capture, utilization, and sequestration technologies. GE Vernova’s diverse technological offerings, robust cash flow, solid financial foundation, strategic options for mergers and acquisitions, and its involvement in both gas and electric power, all contribute to its attractiveness as an investment. For investors interested in riding the wave of data center and AI expansion, the analyst remarked, this makes GEV a compelling choice.
In 2025, GE Vernova has seen its stock rise by over 12%, significantly outstripping the S&P 500’s modest gain of 2.9%. The majority of analysts remain optimistic about the company. According to LSEG data, 21 out of 28 analysts who cover the stock have rated it as a “buy” or “strong buy,” with the average price target suggesting a potential upside of nearly 14%.
