GE Vernova stock carries a Moderate Buy consensus at USD 1,171.87

Published on 10/04/2026 at 12:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Vernova stock posted Q2 2026 revenue of USD 11.10 billion, up 21.9 percent year over year. Diluted EPS of USD 2.47 missed consensus by USD 0.70.

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GE Vernova stock (ISIN US36828A1016) stood at USD 990.79 on the NYSE at the October 2, 2026 close, while analysts assigned a Moderate Buy consensus and an average target of USD 1,171.87. The target represents 18.28 percent upside from that closing price, according to MarketBeat on October 1, 2026.

Consensus stays above the stock

MarketBeat reported on October 4, 2026, that 35 analysts support the Moderate Buy rating, including 26 Buy ratings, 5 Hold ratings, 2 Sell ratings and 2 Strong Buy ratings. Their target range runs from USD 470.00 to USD 1,450.00, placing the average target materially above the latest NYSE close.

The analyst split matters because the stock is already near the upper half of its USD 530.16 to USD 1,195.94 52-week range. The closing market capitalization was USD 263.9 billion on October 2, 2026, keeping valuation and earnings delivery central to the debate.

Revenue grows while EPS misses

GE Vernova reported Q2 2026 revenue of USD 11.10 billion, up 21.9 percent from the prior-year quarter, but diluted EPS was USD 2.47 versus consensus of USD 3.17, according to MarketBeat. The USD 0.70 EPS shortfall contrasts with the revenue beat and leaves margin execution as the sharper near-term test.

Q2 orders rose 88 percent organically to USD 24.2 billion and total backlog reached USD 176 billion, while gas power backlog and slot reservations were projected to reach at least 125 gigawatts by year-end 2026, Yahoo Finance reported on September 28, 2026. That backlog supports visibility, but conversion into profitable deliveries remains the key operating question.

Q3 date sets the next checkpoint

GE Vernova is scheduled to report third-quarter results on October 28, 2026, according to Yahoo Finance. For investors, the next report will test whether the strong order intake can coexist with the EPS performance required to support the stock's elevated consensus valuation.

GE Vernova stock closes at USD 990.79

GE Vernova stock closed at USD 990.79 on the NYSE on October 2, 2026, up 0.34 percent on the session. Its market capitalization was USD 263.9 billion, with a 52-week range of USD 530.16 to USD 1,195.94.