Last Updated: 11 Sep 2024
Executive Summary
GE Vernova LLC (GEV) is a leading energy business company with a market capitalization of $46.01 billion. The company's latest stock price is $209.15, and analysts have a strong buy rating on the stock with a target price of $168.86. GEV has a strong financial position with an EBITDA of $755 million and revenue of $33.68 billion. However, the company is currently unprofitable with a profit margin of -0.0075% and an operating margin of -0.0017%.
Company Overview
GE Vernova LLC is an energy business company that generates electricity. The company was founded in 2023 and is headquartered in Cambridge, Massachusetts. GEV has a global presence with operations in over 50 countries. The company's products and services include gas turbines, steam turbines, generators, and renewable energy solutions.
Fundamental Analysis
GE Vernova LLC has a strong financial position with an EBITDA of $755 million and revenue of $33.68 billion. However, the company is currently unprofitable with a profit margin of -0.0075% and an operating margin of -0.0017%. GEV's return on assets and return on equity are both 0%.
The company's revenue has grown by 6.4% over the past year. However, GEV's profitability has declined over the same period. The company's gross profit margin has fallen from 10.2% to 0%, and its diluted EPS has fallen from $0.02 to $0.00.
Technical Analysis
GE Vernova LLC's stock price has been in a downtrend since its IPO in 2023. The stock price has fallen from a high of $204.19 to a low of $115. The stock price is currently trading at $209.15, which is above its 50-day and 200-day moving averages.
The stock's technical indicators are mixed. The relative strength index (RSI) is above 50, which indicates that the stock is overbought. However, the moving average convergence divergence (MACD) is below 0, which indicates that the stock is in a downtrend.
Short Term Outlook
The short-term outlook for GE Vernova LLC is mixed. The stock price is trading above its moving averages, which is a positive sign. However, the stock's technical indicators are mixed, and the company is currently unprofitable.
Long Term Outlook
The long-term outlook for GE Vernova LLC is positive. The company is a leader in the energy industry, and it has a strong global presence. The company's products and services are in high demand, and the company is well-positioned to benefit from the growing demand for renewable energy.
Analyst Recommendations
Analysts have a strong buy rating on GE Vernova LLC. The average analyst target price is $168.86, which implies a potential upside of 19.2% from the current price.
