Latest news with #GEV
Yahoo
12 hours ago
- Business
- Yahoo
Jim Cramer on GE Vernova: 'Let's Hear What They Have to Say'
GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer weighed in on. During the lightning round, a caller asked if they could still add to their position in the stock. In response, Cramer said: 'No, I think at this point, we're going to wait for GE Vernova to come in. We had a great club meeting on Friday, and I really just kind of hang my head in shame that I didn't even buy more, but there's nothing to do. This thing is such a horse. It's just been a parabolic move, up 70%. We're going to get a report… next week. Maybe what we say is, let's hear what they have to say.' GE Vernova Inc. (NYSE:GEV) provides technologies and services for generating, transferring, converting, storing, and managing electricity. The company's offerings include gas, wind, and nuclear systems, grid solutions, power conversion, and electrification software. During the July 11 episode, Cramer mentioned the stock and said: 'Okay, we advise that GE Vernova is the one that's going to have the longer runway, but… because it's such a wild trader, we advise that you don't buy all at once. So let's say you want to buy 10 shares because this is, you know, this is a $600 stock, you want to buy 10 shares, just buy, just buy two or three. And remember, there's no commission, so it doesn't matter. While we acknowledge the potential of GEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
3 days ago
- Business
- CNBC
We're booking profits in a hot stock in case its earnings don't clear the Street's lofty bar
We are selling 10 shares of GE Vernova at roughly $579.30. Following the trade, Jim Cramer's Charitable Trust will own 70 shares of GEV, decreasing its weighting to about 1.1% from roughly 1.27%. We are locking in big gains on our GE Vernova position through a very small sale. The maker of gas and wind turbines is scheduled to report earnings next Wednesday before the opening bell, and while we have few doubts that the results will be strong and the long-term outlook remains bright, our decision to trim the position is based on concerns that the quarter won't be good enough to satisfy the market's lofty bar. Expectations play a huge role in earnings season, and it goes beyond the "numbers" analyst estimate. If a stock comes into the quarter underperforming, the bar is so low that the stock can bounce simply by meeting estimates and rally nicely on signs of a turn. The reaction to PepsiCo's quarter on Thursday is a good example of that. It's one of the top gainers in the S & P 500, with shares up more than 6%. On the other side, if the stock enters the quarter too hot, it creates a bar that can become too high to beat, inviting the profit-takers to take over. The reaction to the earnings from the big banks is a good example of this. Another is Thursday's action in GE Aerospace , which delivered a big beat-and-raise quarter, and yet the stock is lower by about 1%. Shares entered Thursday's session up nearly 60% from their tariff-driven lows in early April. We want to own GE Vernova for the long haul because the AI-driven power theme is a major secular tailwind, and the company's gas turbines are sold out for years. But we're taking profits because the stock's 75% run year to date puts it at risk of profit-taking when the company reports. From this sale, we will realize a great gain of about 33% on stock purchased in May 2025. (Jim Cramer's Charitable Trust is long GEV. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Yahoo
4 days ago
- Business
- Yahoo
GE Vernova (GEV) Earnings Expected to Grow: Should You Buy?
GE Vernova (GEV) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This the energy business spun off from General Electric is expected to post quarterly earnings of $1.64 per share in its upcoming report, which represents a year-over-year change of +131%. Revenues are expected to be $8.81 billion, up 7.4% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 6.64% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for GE Vernova? For GE Vernova, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +20.84%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that GE Vernova will most likely beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that GE Vernova would post earnings of $0.45 per share when it actually produced earnings of $0.91, delivering a surprise of +102.22%. Over the last four quarters, the company has beaten consensus EPS estimates three times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. GE Vernova appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GE Vernova Inc. (GEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
BMO Raises GE Vernova (GEV) PT, Keeps Outperform Rating
GE Vernova (NYSE:GEV) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 8, BMO Capital kept an 'Outperform' rating on GE Vernova Inc. (NYSE:GEV) while increasing its price target from $522 to $590. The firm's updated analysis focused on the company's Gas Power business. BMO Capital analysts highlighted strong, contracted earnings growth beyond 2030. This growth is expected to be driven by long-term service agreements (LTSAs) in the gas power service segment. A long convoy of trucks driving across miles of desert, carrying offshore energy services equipment. BMO Capital expects that by 2035, GE Vernova Inc. (NYSE:GEV) will generate about 2.5 times the annual revenue from LTSAs compared to 2024 levels, with gross margins nearly 1000 basis points higher. Additionally, BMO Capital noted that GE Vernova Inc. (NYSE:GEV) has surged 85% over the last three months and near-term valuation metrics may appear stretched at 28 times the firm's estimated 2026 EBITDA. The firm pointed out that while investors recognize the current gas turbine equipment orders can boost earnings from 2028 onward, the market has not fully recognized the significant upside potential from gas power service LTSAs. GE Vernova Inc. (NYSE:GEV) is an energy equipment manufacturing and services company. While we acknowledge the potential of GEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-07-2025
- Business
- Yahoo
BMO Raises GE Vernova (GEV) PT, Keeps Outperform Rating
GE Vernova (NYSE:GEV) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 8, BMO Capital kept an 'Outperform' rating on GE Vernova Inc. (NYSE:GEV) while increasing its price target from $522 to $590. The firm's updated analysis focused on the company's Gas Power business. BMO Capital analysts highlighted strong, contracted earnings growth beyond 2030. This growth is expected to be driven by long-term service agreements (LTSAs) in the gas power service segment. A long convoy of trucks driving across miles of desert, carrying offshore energy services equipment. BMO Capital expects that by 2035, GE Vernova Inc. (NYSE:GEV) will generate about 2.5 times the annual revenue from LTSAs compared to 2024 levels, with gross margins nearly 1000 basis points higher. Additionally, BMO Capital noted that GE Vernova Inc. (NYSE:GEV) has surged 85% over the last three months and near-term valuation metrics may appear stretched at 28 times the firm's estimated 2026 EBITDA. The firm pointed out that while investors recognize the current gas turbine equipment orders can boost earnings from 2028 onward, the market has not fully recognized the significant upside potential from gas power service LTSAs. GE Vernova Inc. (NYSE:GEV) is an energy equipment manufacturing and services company. While we acknowledge the potential of GEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
