GE Vernova Inc. (GEV) is undergoing significant changes. The corporation plans to remove 600 jobs across Europe in a restructuring effort. The corporation is also shifting its focus towards grid software by selling its Proficy software entity to TPG for $600 million. Despite market growth, GEV experienced a dip in its stock. Still, with the potential for a US onshore demand rebound cited by HSBC, the company's PT has been raised to $580. The company witnessed considerable investment activities, from Ascent Group LLC's purchase of 2,943 shares to Optimize Financial Inc's $221,000 investment. GE Vernova saw a surge due to power demand growth and is investing $41M in Schenectady facility expansion. Notably, Goldman Sachs has hinted at growth for the corporation by raising the stock price target to $715. Jim Cramer sees that the company is accelerating nuclear reactor delivery, enhancing its value. The corporation saw a bullish outlook with its stock price up 5.7%. Amid 'early stages' of AI Revolution, analysts are bullish on the stock. Conversely, the company experienced stock dips and was forced to cut jobs indicating possible challenges ahead.
Ge Vernova GEV News Analytics from Thu, 24 Jul 2025 07:00:00 GMT to Sun, 14 Sep 2025 00:21:46 GMT -
Rating 5
- Innovation 8
- Information 6
- Rumor -6
