GLJ Research starts coverage of GE Vernova stock at Strong Sell
Published on 10/09/2026 at 15:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- GLJ Research initiated coverage of GE Vernova with a Strong Sell rating and a USD 470.00 target on September 15, 2026.
- Second-quarter orders reached USD 24.20 billion, up 88.00 percent year over year, while backlog reached USD 176.00 billion.
- GE Vernova stock was trading at EUR 900.80 at Lang & Schwarz on October 9, 2026, up 1.34 percent from EUR 888.90.
- MarketBeat listed 35 analysts with a Moderate Buy consensus and an average target of USD 1,171.87 on October 4, 2026.
GE Vernova (ISIN US36828A1016) received a Strong Sell rating and a USD 470.00 price target from GLJ Research on September 15, 2026, according to Ground News. The bearish call contrasts with GE Vernova's large order backlog and the broader analyst consensus.
Three dates reshape the story
On July 22, 2026, GE Vernova's second-quarter earnings call detailed USD 24.20 billion of orders, an 88.00 percent year-over-year increase, and a USD 176.00 billion backlog, per Yahoo Finance.
On September 15, 2026, GLJ Research initiated coverage with the USD 470.00 target cited by Ground News. On October 4, 2026, MarketBeat listed 35 analysts, including 26 buys, five holds and two sells, with an average target of USD 1,171.87.
What does the backlog mean for earnings?
The backlog gives GE Vernova substantial order visibility, but conversion into profitable revenue remains the key test. In the second quarter of 2026, revenue reached USD 11.10 billion, while adjusted EBITDA rose 61.00 percent year over year to USD 1.20 billion, according to Yahoo Finance.
Management raised fiscal-year 2026 revenue guidance to USD 45.50 billion-USD 46.50 billion and lifted free cash flow guidance to USD 11.50 billion-USD 12.50 billion from USD 6.50 billion-USD 7.50 billion. The counterweight is Wind, where the company expected an adjusted EBITDA loss of USD 400.00 million for fiscal year 2026, also disclosed in the earnings call.
Results and dividend dates
Yahoo Finance listed October 27, 2026 as the ex-dividend date and October 28, 2026 as the next earnings date. MarketBeat reported a quarterly dividend of USD 0.50 per share, payable November 24, 2026, in its October 4, 2026 coverage.
GE Vernova stock stays volatile
GE Vernova was trading at EUR 900.80 at Lang & Schwarz on October 9, 2026 at 3:10 p.m. CEST, plus 1.34 percent versus the prior close of EUR 888.90 on October 8, 2026. On the NYSE, the latest quoted price was USD 999.35 on October 8, 2026 at 4:00 p.m. ET, while the 52-week range stood at USD 530.16 to USD 1,195.94. The further course of trading is shown by the continuously updated real-time quote of GE Vernova stock.
GE Vernova stock facts
- Company: GE Vernova Inc.
- ISIN: US36828A1016
- Ticker: GEV
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 9, 2026, 3:10 p.m. CEST): EUR 900.80
- Change versus prior close: plus 1.34 percent
- Prior close Lang & Schwarz (October 8, 2026): EUR 888.90
- Market capitalization: USD 266.2 billion (as of October 8, 2026)
- Sector / Industry: Industrials / Industrial Machinery
Market context: Market report S&P 500.
