Wolfe Research downgraded GE Vernova stock due to valuation concerns after a rally
From Yahoo Finance: 2025-06-25 16:30:00
- Wolfe Research downgraded GE Vernova (GEV) stock to ‘Peer Perform’ from ‘Outperform’ on June 13th due to valuation concerns following a rally. The firm believes that most positives are now priced into the stock, creating a more balanced risk-reward relationship.
- GE Vernova Inc. (NYSE: GEV) saw increased demand for power in Q1 2025, leading to $10.2 billion in orders, an 8% increase organically. Revenue rose to $8.0 billion, up 11% (15% organically), with improved margins from volume, price, and productivity enhancements.
- Artisan Partners added GE Vernova Inc. (GEV) to its portfolio, citing the company’s strong global market shares, barriers to entry, and growth potential in power, wind, and electrification sectors amidst a decarbonization trend.
- While GE Vernova (GEV) shows promise, other AI stocks may offer higher returns with limited downside risk. For those seeking AI stocks with significant growth potential, consider exploring the report on the cheapest AI stock with 100x upside potential.
Read more at Yahoo Finance: Wolfe Research Downgrades GE Vernova (GEV) Stock