Morgan Stanley keeps Buy rating for GE Vernova stock
Published on 10/06/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
GE Vernova (ISIN US36828A1016) was trading at EUR 883.50 at Lang & Schwarz on October 6, 2026 at 11:40 a.m. CEST, unchanged at plus 0.00 percent versus the prior close of EUR 883.50. Morgan Stanley maintained a Buy rating and a USD 1,350 price target on September 17, 2026, according to Barchart.
Orders build a larger backlog
GE Vernova booked USD 24.2 billion of orders in the second quarter of 2026, an 88.00 percent increase from the second quarter of 2025. Its backlog reached USD 176.0 billion, up USD 13.0 billion from the first quarter of 2026, according to Yahoo Finance.
The order mix matters because Power and Electrification are converting demand into equipment and services backlog. In the same quarter, adjusted EBITDA rose 61.00 percent year over year to USD 1.2 billion, while adjusted EBITDA margin expanded by 3.40 percentage points.
Cash flow guidance moves higher
Management raised 2026 free cash flow guidance to USD 11.5 billion to USD 12.5 billion from USD 6.5 billion to USD 7.5 billion. Full-year revenue guidance also moved to USD 45.5 billion to USD 46.5 billion from USD 44.5 billion to USD 45.5 billion, as reported in the second-quarter call by Yahoo Finance.
The counterweight is Wind. GE Vernova expects approximately USD 400 million of Wind EBITDA losses in fiscal 2026, while the Power segment is expected to deliver 18.00 percent to 20.00 percent organic revenue growth in the same fiscal year.
Key dates and stock context
GE Vernova's next earnings date is October 28, 2026, and the company announced a USD 0.50 cash dividend with an October 27, 2026 ex-dividend date, according to Yahoo Finance.
On the NYSE, the stock was last at USD 990.00 on October 5, 2026 at 4:00 p.m. EDT. Its 52-week range was USD 530.16 to USD 1,195.94, and market capitalization stood at USD 263.7 billion on that date.
GE Vernova stock holds its price
At Lang & Schwarz, GE Vernova stock was trading at EUR 883.50 on October 6, 2026 at 11:40 a.m. CEST, plus 0.00 percent versus the EUR 883.50 prior close of October 5, 2026. 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 6, 2026, 11:40 a.m. CEST: EUR 883.50
- Change versus prior close: plus 0.00 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 883.50
- Market capitalization: USD 263.7 billion as of October 5, 2026
- Sector / Industry: Industrials / Specialty Industrial Machinery
- Next earnings date: October 28, 2026
