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

Published on 10/23/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Vernova reports third-quarter results on October 28. GE Vernova stock costs EUR 719.00 on October 23, 2026, 2.28 percent below the Xetra close.

Analyst target and reporting date

Bank of America maintained a USD 1,310.00 target on October 20, 2026.
Quarterly revenue reached USD 11.10 billion for the period ended June 30, 2026, up 21.90 percent year over year.
GE Vernova stock costs EUR 719.00 at Lang & Schwarz on October 23, 2026 at 4:00 p.m. CEST, 2.28 percent below the Xetra close of October 22, 2026.
GE Vernova reports third-quarter results on October 28, 2026.

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Bank of America Securities analyst Andrew Obin maintained a Buy rating and set a USD 1,310.00 price target for GE Vernova on October 20, 2026, according to Markets Insider. The target was 62.20 percent above the Nasdaq quote of USD 807.65 at 10:03 a.m. ET on October 23, 2026. GE Vernova stock was trading at EUR 719.00 at Lang & Schwarz on October 23, 2026 at 4:00 p.m. CEST, 2.28 percent below the Xetra close of October 22, 2026 at EUR 735.80.

Revenue sets the operating backdrop

For the quarter ended June 30, 2026, GE Vernova reported revenue of USD 11.10 billion and net profit of USD 668.00 million, according to Markets Insider. Revenue was up 21.90 percent from USD 9.11 billion in the comparable quarter, while net profit rose from USD 514.00 million. The figures give the October 28 reporting date a clear operating benchmark.

Stock position on October 23

The Nasdaq quote of USD 807.65 was down 2.39 percent at 10:03 a.m. ET on October 23, 2026. GE Vernova's 52-week range was USD 530.16 to USD 1,195.94, placing the quote 32.45 percent below the high and 52.34 percent above the low. Market capitalization stood at USD 215.1 billion, while the price-to-earnings ratio was 23.02.

Results date and valuation

GE Vernova said on October 13, 2026 that it will release third-quarter results on October 28, 2026, before the market opens. The webcast is scheduled for 7:30 a.m. ET. The USD 1,310.00 target from Bank of America therefore sits 62.20 percent above the latest Nasdaq quote used here.

Comparison with peers

GE Vernova: down 2.39 percent, P/E 23.02, market capitalization USD 215.1 billion.

Eaton (NYSE, USD): down 1.92 percent, P/E 36.55, market capitalization USD 140.6 billion.

Siemens Energy (Xetra, EUR): down 2.98 percent, P/E 38.15, market capitalization EUR 100.9 billion.

What the next report can clarify

The upcoming quarterly release will put the USD 11.10 billion revenue base against fresh orders, profitability and management commentary. For investors, the contrast is clear: Bank of America's USD 1,310.00 target remains materially above the Nasdaq quote, while the euro quotation sits below its Xetra close.

At Lang & Schwarz, GE Vernova stock was trading at EUR 719.00 on October 23, 2026 at 4:00 p.m. CEST, 2.28 percent below the Xetra close of October 22, 2026 at EUR 735.80. The further course of trading is shown by the continuously updated real-time quote of GE Vernova stock.