GE Vernova stock: Susquehanna trims target to USD 1,270 for GE Vernova stock

Published on 10/20/2026 at 17:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GE Vernova booked USD 24.20 billion in second-quarter orders, up 88.00 percent. GE Vernova stock costs EUR 799.40 on October 20, 2026.

Target and operating figures

Susquehanna cut its target to USD 1,270 on October 14, 2026.
Second-quarter orders reached USD 24.20 billion, up 88.00 percent year over year.
GE Vernova stock costs EUR 799.40 at Lang & Schwarz on October 20, 2026 at 5:39 p.m. CEST.
Third-quarter results are scheduled for October 28, 2026.

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Susquehanna lowered its GE Vernova target from USD 1,300.00 to USD 1,270.00 on October 14, 2026, while keeping a positive rating, according to MarketBeat. GE Vernova was trading at EUR 799.40 at Lang & Schwarz on October 20, 2026 at 5:39 p.m. CEST.

Orders point to a stronger second quarter

GE Vernova booked USD 24.20 billion of orders in the second quarter of 2026, an 88.00 percent increase from the same period a year earlier. The book-to-bill ratio was slightly above two times, while total backlog reached USD 176.00 billion, according to the Yahoo Finance transcript of the second-quarter earnings call.

Stock remains below its yearly high

On the NYSE, GE Vernova was trading at USD 900.38 at 11:43 a.m. ET on October 20, 2026. Its 52-week range was USD 530.16 to USD 1,195.94, leaving the latest US quote 24.67 percent below the high. Market capitalization stood at USD 239.80 billion on October 20, 2026.

Valuation and the next date

The stock's price-to-earnings ratio was 25.81 on October 20, 2026. GE Vernova is scheduled to release third-quarter 2026 results before the US market opens on October 28, 2026, followed by a webcast at 7:30 a.m. ET, according to the company's GE Vernova announcement dated October 13, 2026.

Price on the German market

The German-market indication was EUR 799.40 at Lang & Schwarz on October 20, 2026 at 5:39 p.m. CEST. The latest operating figures show a wide gap between order growth and the valuation investors are paying for that expansion.

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