William Blair analyst Jed Dorsheimer has maintained their bullish stance on GEV stock, giving a Buy rating yesterday.
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Jed Dorsheimer has given his Buy rating due to a combination of factors including GE Vernova’s strong performance in the third quarter, particularly in the power and electrification segments. The company’s ability to exceed street consensus on EBITDA, despite slightly missing the firm’s higher expectations, indicates robust operational capabilities.
Additionally, GE Vernova’s reaffirmation of its 2025 guidance, even with the consideration of tariff impacts, showcases management’s confidence in sustaining growth and overcoming potential market challenges. This overall positive outlook and strategic positioning in key segments contribute to the Buy rating.
In another report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $690.00 price target.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GEV in relation to earlier this year.