GE Vernova Inc. is a nuclear power company that provides reactors. The firm also makes and sells gas turbines, wind turbines, and other heavy equipment. The firm has seen a flurry of coverage by analysts lately. For instance, BMO raised GE Vernova Inc.’s share price target to $785 from $780 and kept an Outperform rating on the stock. In its coverage, the financial firm commented on the company’s estimates of exiting 2026 with 100 GW in gas turbine commitments. BMO also discussed GE Vernova Inc.’s acquisition of transformer manufacturer Prolec, as it outlined that the deal could create significant synergies. UBS also hiked the share price target. It raised the target to $936 from $835 and kept a Buy rating on the shares. The bank commented that GE Vernova Inc.’s fourth quarter earnings had indicated margin strength for the firm’s medium-term operations. As the shares soared after earnings, Cramer tweeted:
“Nobody seems to know how high to take GE Vernova. They should have owned it already.. club name”
A Bloom Energy power generation system. Photo from Bloom Energy website
