From Yahoo Finance: 2025-05-24 04:20:00

Wells Fargo reaffirmed its Overweight rating and $474 price target for GE Vernova Inc. (NYSE:GEV) on May 20. The company’s heavy-duty gas turbine products are in high demand, with expected full capacity sales this year.

GE Vernova has secured 50 GW in orders and slot reservation agreements, with 43.3 GW expected to be delivered between 2026 and 2028. Wells Fargo predicts an additional 12.7 GW of orders by Q3 2025, potentially boosting 2028 Power EBITDA margins.

While GEV shows growth potential, some AI stocks may offer higher returns. For those seeking promising AI stocks with significant upside potential, consider exploring other options. No specific recommendations were provided in the report.

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Read more: GE Vernova Backlog Hits 50 GW; Wells Fargo Sees 2028 Margin Upside