Morgan Stanley keeps Buy on GE Vernova stock at USD 1,350 target

Published on 10/13/2026 at 12:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 11.10 billion, up 22.00 percent year over year. GE Vernova stock traded at EUR 885.90 on October 13, 2026.

Key points in brief

Morgan Stanley maintained a Buy rating and a USD 1,350 price target dated September 17, 2026.
Second-quarter revenue reached USD 11.10 billion, while orders rose 88.00 percent year over year to USD 24.20 billion.
GE Vernova stock was trading at EUR 885.90 at Lang & Schwarz on October 13, 2026 at 12:17 p.m. CEST.
Third-quarter results are scheduled for October 28, 2026, before the US market opens.

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GE Vernova (ISIN US36828A1016) was trading at EUR 885.90 at Lang & Schwarz on October 13, 2026 at 12:17 p.m. CEST. According to Yahoo Finance, Morgan Stanley analyst David Arcaro reiterated a Buy rating and assigned a USD 1,350 price target on September 17, 2026.

Three milestones shape the stock

On July 22, 2026, GE Vernova reported second-quarter revenue of USD 11.10 billion, up 22.00 percent year over year, according to Yahoo Finance. The same call showed orders of USD 24.20 billion, an 88.00 percent year-over-year increase, and backlog of USD 176.00 billion, up USD 13.00 billion from the prior quarter.

On September 17, 2026, Morgan Stanley kept its Buy rating and set the USD 1,350 target cited above. On October 13, 2026, the Lang & Schwarz quote placed the euro reference price at EUR 885.90 during the Xetra regular-session window.

What does the backlog mean for margins?

The backlog is translating into stronger operating economics. Yahoo Finance reported that adjusted EBITDA reached USD 1.20 billion in the second quarter, up 61.00 percent year over year, while adjusted EBITDA margin expanded from 8.50 percent to 11.30 percent.

The mix is not uniformly strong. Wind orders declined 40.00 percent in the second quarter, and the segment posted an EBITDA loss of USD 275.00 million, according to the earnings call. Management nevertheless raised full-year 2026 revenue guidance to USD 45.50 billion-USD 46.50 billion and free cash flow guidance to USD 11.50 billion-USD 12.50 billion.

Results and dividend dates approach

Barchart said GE Vernova is expected to report third-quarter 2026 results before the US market opens on October 28, 2026. The report is expected to include diluted earnings per share of USD 4.09, compared with USD 1.64 in the year-ago quarter.

Yahoo Finance lists October 27, 2026 as the ex-dividend date for the USD 0.50 quarterly payment. The two dates put earnings expectations and shareholder returns on the near-term calendar.

Price stays below the yearly high

GE Vernova was trading at EUR 885.90 at Lang & Schwarz on October 13, 2026 at 12:17 p.m. CEST. The primary listing is on the New York Stock Exchange, where the finance quote dated October 12, 2026 showed a USD 265.50 billion market capitalization and a USD 530.16 to USD 1,195.94 52-week range.

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