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GE Vernova Inc. (GEV) Gets a Hold from Mizuho Securities

Tipranks - Wed Jun 3, 7:40AM CDT

In a report released today, Maheep Mandloi from Mizuho Securities maintained a Hold rating on GE Vernova Inc., with a price target of $913.00.

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According to TipRanks, Mandloi is a 4-star analyst with an average return of 3.9% and a 47.06% success rate. Mandloi covers the Technology sector, focusing on stocks such as Enphase Energy, Canadian Solar, and Nextpower Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GE Vernova Inc. with a $1,251.50 average price target.

Based on GE Vernova Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $9.34 billion and a net profit of $4.75 billion. In comparison, last year the company earned a revenue of $8.04 billion and had a net profit of $254 million

Based on the recent corporate insider activity of 22 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. Last month, Matthew Joseph Potvin, the CAO of GEV sold 2,333.00 shares for a total of $2,470,856.97.

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