Why GE Vernova Stock Is Higher After Its Earnings Miss
GE Vernova stock is trading up on Wednesday even after the power company came up short of estimates for its fourth quarter. Here's what investors need to know.


GE Vernova (GEV) stock is trading comfortably higher Wednesday even after the gas power and renewable energy company missed top- and bottom-line expectations for its fourth quarter.
In the three months ending December 31, GE Vernova's revenue increased 5.1% year over year to $10.6 billion. Its earnings per share (EPS) rose 140.3% from the year-ago period to $1.73.
"GE Vernova built a strong foundation in 2024 with solid orders and revenue growth, as well as significant margin expansion and cash generation," said GE Vernova CEO Scott Strazik in a statement. "We saw strength in Power and Electrification and improvement in Wind, while growing our equipment backlog at better margins. Our progress reinforces the important role we play in electrifying and decarbonizing the world as we deliver on accelerating demand for our equipment and services."
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.

Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
GEV's results came up short of analysts' expectations. Wall Street was anticipating revenue of $10.7 billion and earnings of $2.30 per share, according to MarketWatch.
On a positive note, though, GE Vernova reaffirmed its outlook for 2025. For the full fiscal year, the company expects to achieve revenue in the range of $36 billion to $37 billion, representing growth of 3% to 5.9% over 2024.
"We had a strong finish to 2024 as we execute our strategy to deliver disciplined revenue growth with increased profitability and positive cash generation," said GE Vernova Chief Financial Officer Ken Parks. "We will invest in growth and innovation, while returning capital to shareholders and maintaining our investment grade balance sheet."
Is GE Vernova stock a buy, sell or hold?
GE Vernova has nearly tripled in value on the price charts since last April, when the gas power and renewable energy business split from the industrial conglomerate formerly known as General Electric and is now trading near record highs. And Wall Street remains bullish on the utility stock.
According to S&P Global Market Intelligence, the consensus recommendation among the analysts following the stock that it tracks is a Buy.
However, analysts' price targets have had a tough time keeping up with the large-cap stock's rally up the price charts. Indeed, the average analyst target price of $375.87 represents a discount of more than 13% to current levels.
Financial services firm Truist Securities is one of those with a Buy rating on GE Vernova, along with a $420 price target.
"With bullish power demand sentiment and strong bookings commentary/cash generation expectations, GEV continues to be our preferred defensive name as we begin the second Trump administration," wrote Truist Securities analyst Jordan Levy in a January 21 note. He sees even more upside for GE Vernova shares this year thanks to growth in artificial intelligence and data center demand.
Related Content
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
-
Credit Cards That Actually Reward Your Loyalty
If you have bank or investment accounts with your credit card issuer, you may qualify for extra cash back, waived fees and other benefits.
-
The 10 Most Valuable Vacation Destinations for Retirees in 2026
Whether traveling within the U.S. or internationally, retirees can find a perfect blend of relaxation and excitement in these destinations, all while staying within budget.
-
Will Taxes Shred Your 401(k) or IRA During Your Retirement? It's Very Likely
Conventional wisdom dictates that you save in a 401(k) now and pay taxes later, but turning that rule on its head could leave you far better off. A financial planner explains why.
-
More Retirees Are Renting: Should You? A Financial Adviser Weighs In
In some ways, renting is cheaper, more flexible and easier, but unless you understand the implications for your taxes and health costs, it might not be for you.
-
Dow Dives 878 Points on Trump's China Warning: Stock Market Today
The main indexes erased early gains after President Trump said China is becoming "hostile" and threatened to cancel a meeting with President Xi.
-
I'm a Real Estate Investing Pro: This 1031 Exchange Strategy Can Triple Your Cash Flow
Savvy investors can use 1031 exchanges to unlock value by moving capital across markets in a play called geographic arbitrage. These tax implications can make or break the strategy.
-
I'm an Insurance Pro: Everyone Needs to Prepare for Earthquakes, Even if You Don't Live Near a Fault Line
Here are my tips for what to do before, during and after an earthquake. The more prepared you are, the more you'll be able to keep your wits about you if it happens.
-
Stocks Retreat as Shutdown Continues: Stock Market Today
While the main indexes closed lower today, Delta and PepsiCo gained ground on encouraging earnings reports.
-
Where There's a Will, There's a Way Your Assets Will Be Distributed as You Wish
Your will is the backbone of a strong, adaptable estate plan that ensures what you leave behind goes to your selected beneficiaries. Without a will, state laws determine who gets your assets.
-
I'm a Financial Adviser: This Is What You're Really Losing if You Cut Back on Your 401(k) Contributions
Missing out on the benefits of the employer match and compounding growth could force you to work longer and lower your standard of living in retirement. Here are some alternative options.