Bank of America sets USD 1,310 target for GE Vernova stock

Published on 10/21/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America keeps Buy and sets a USD 1,310.00 target. GE Vernova stock costs EUR 805.30 on October 21, 2026 ahead of results.

Analyst view and company dates

Bank of America set a USD 1,310.00 target on October 20, 2026.
Second-quarter revenue reached USD 11.10 billion, up 21.9 percent year over year.
GE Vernova stock traded at EUR 805.30 at 11:10 a.m. CEST at Lang & Schwarz on October 21, 2026.

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GE Vernova (ISIN US36828A1016) stock was at EUR 805.30 at Lang & Schwarz on October 21, 2026, while Bank of America kept its Buy rating and set a USD 1,310.00 target on October 20, 2026, as Markets Insider reported. The target is 47.13 percent above the USD 890.33 last price on the Nasdaq on October 20, 2026.

Analyst support meets a valuation test

Andrew Obin of Bank of America Securities maintained the Buy rating and assigned the USD 1,310.00 target, according to the October 20 report. The target sits above GE Vernova's latest primary-market price, but the comparison also highlights the valuation hurdle before the next report.

Three dates define the recent story

On July 22, 2026, GE Vernova reported second-quarter revenue of USD 11.10 billion, up 21.9 percent year over year, while adjusted EBITDA reached USD 1.20 billion, up 61 percent, according to MarketBeat. On October 13, 2026, the company scheduled its third-quarter results for October 28, 2026, before the market opened, according to GE Vernova. On October 20, 2026, Bank of America set the USD 1,310.00 target.

What does the target mean for valuation?

GE Vernova's market capitalization was USD 237.1 billion as of October 20, 2026, while its 52-week range was USD 530.16 to USD 1,195.94. The operating picture is improving, but quarterly execution remains central: second-quarter earnings per share of USD 2.47 missed the USD 3.17 consensus cited by MarketBeat.

Next report arrives October 28

The next scheduled event is GE Vernova's third-quarter 2026 financial release on October 28, 2026, before market open, followed by a webcast at 7:30 a.m. ET, according to GE Vernova. Investors will be looking for evidence that revenue growth is translating into sustained profitability.

GE Vernova stock stays tied to execution

GE Vernova combines a USD 45.5 billion to USD 46.5 billion 2026 revenue outlook with a high valuation and a USD 1,310.00 analyst target. The next earnings release will provide the clearest near-term test of that combination. GE Vernova was trading at EUR 805.30 at Lang & Schwarz on October 21, 2026 at 11:10 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of GE Vernova stock.