Cramer Backs GE Vernova Amid Turbine Setback and Analyst Downgrade

GE Vernova Inc. (NYSE:GEV) is one of Jim Cramer’s Recession-Proof Stock Picks.

Despite the lowered analyst rating and price target, Jim Cramer remains confident in the stock.

Cramer Backs GE Vernova Amid Turbine Setback and Analyst Downgrade

The company’s brand name took a hit when its wind turbine blade at Iberdrola’s Flyers Creek wind farm in Australia bent in half. The damage to the 3.8MW turbine that began in late June due to a storm worsened in late September 2025. The blade was removed from service, prompting a statewide safety review of wind turbines. On October 1, 2025, following the incident, RBC Capital downgraded the stock from Outperform to Sector Perform and lowered the price target massively from $631 to $601.

However, according to Jim Cramer, the demand for power is rising in tandem with the increasing number of AI data centers. Hence, pointing out GE Vernova Inc. (NYSE:GEV), he made the following comment.

“I like how they are positioned.”

GE Vernova Inc. (NYSE:GEV) further thrives as a recession-proof stock pick with strong institutional support, as reflected in the 106 hedge funds invested in the stock.

GE Vernova Inc. (NYSE:GEV) is a global energy company focused on electrification and decarbonization. The company was officially spun off from General Electric on April 2, 2024. Based in Massachusetts, the company focuses on multiple energy businesses, including Power, Wind, and Electrification.

While we acknowledge the risk and potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GEV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure. None.