GE Vernova LLC (NYSE:GEV) stock soared to a new all-time high of $536.36, pushing its market capitalization to $144.7 billion. The milestone reflects a staggering 206.56% increase in share price over the past year, signaling strong investor confidence in the company’s growth trajectory and strategic positioning.
The surge is backed by solid financials, including 6% revenue growth and a current ratio of 1.04. GE Vernova now trades at a price-to-earnings ratio of 53.6x, with analyst price targets ranging from $279 to $614. This performance underscores the company’s growing prominence in the energy sector, as it continues to deliver shareholder value and scale operations.
In a series of recent developments, several major Wall Street firms have issued bullish outlooks. UBS began coverage with a Buy rating, forecasting 70% compounded earnings growth over the next five years. The firm cited rising electricity demand—particularly from AI applications and data centers—as a key catalyst.
Bank of America Securities also raised its price target to $550, attributing the revision to stronger revenue projections in GE Vernova’s Power segment and an expected 25% compound annual revenue growth from 2024 through 2028. BMO Capital Markets similarly increased its target to $522, highlighting the company’s recent success in securing more than 12 gigawatts in new slot reservation agreements.
Amid these strategic moves, GE Vernova is reportedly exploring the sale of its Proficy software business in a deal that could be worth up to $1 billion. While still in preliminary stages, the divestiture would align with the company’s broader streamlining and reinvestment strategy.
Adding to the positive momentum, S&P Global Ratings upgraded GE Vernova’s outlook to “positive,” citing enhanced profitability and forecasting adjusted EBITDA margins to approach 10% over the next 12 to 24 months.
With continued innovation and expansion, GE Vernova is positioning itself at the forefront of the energy transformation—an effort increasingly driven by AI, electrification, and strategic capital deployment.