Jumping out to an early gain this morning, GE Vernova (NYSE: GEV) stock is benefiting from more than just the general market enthusiasm, thanks to an investment firm’s bullish new outlook on the industrials powerhouse.
While the S&P 500 is up 2.1%, shares of GE Vernova are up 7.2% as of 10:31 a.m. ET.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Keeping an overweight rating, Morgan Stanley hiked its price target on GE Vernova stock to $960 from $817. Based on Friday’s closing price of $851.07, the new price target implies upside of 12.8%.
According to Thefly.com, the financial services company raised its price target following encouraging updates on demand for its turbines and turbine pricing. Furthermore, Morgan Stanley sees upside in GE Vernova stock, citing utilities’ plans to expand gas plant projects beyond 2030.
In 2025, GE Vernova reported a 54% year-over-year increase in gas turbine orders. The company projects gas turbine deliveries will total 20 gigawatts of annualized output in the middle of 2026, increasing to approximately 24 gigawatts in 2028 with continued service growth.
While Morgan Stanley’s upwardly revised price target is worth noting, investors would be better served to pay closer attention to the company’s financials. With the strong growth in its gas turbines business last year and growth expected in the coming years, there’s sufficient reason to dig further into a potential investment in GE Vernova stock.
Before you buy stock in GE Vernova, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and GE Vernova wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $495,179!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,058,743!*
Now, it’s worth noting Stock Advisor’s total average return is 898% — a market-crushing outperformance compared to 183% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
