GE Vernova raises multi-year financial outlook, initiates dividend and authorizes buyback
GE Vernova (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition, today hosts its 2024 Investor Update event to present its multi-year financial outlook and frame its capital allocation strategy.
GE Vernova Backs FY Revenue View; Raises Multi-Year Outlook
For 2024, the energy company still expects revenue between $34 billion and $35 billion. Analysts polled by FactSet expect $35 billion in revenue. Looking ahead, GE Vernova raised its multi-year organic revenue growth view to high-single digits by 2028,
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As of December 11, 2024, GE Vernova’s stock has seen a staggering rise of +146.92% YTD. In comparison, the S&P 500 Index is up 27.37% YTD. This impressive growth places GE Vernova in the top ranks of ...
GE Vernova forecasts around $45 billion in revenue and a 14% adjusted EBITDA margin by 2028, with plans to invest ...
JPMorgan analyst Mark Strouse raised the firm’s price target on GE Vernova (GEV) to $367 from $356 and keeps an Overweight rating on the shares ...
GE Vernova (NYSE:GEV) -3.2% post-market Tuesday after reaffirming guidance for FY 2024 revenues and free cash flow while ...
Fidelity Investments, an investment management company, recently released its “Fidelity Dividend Growth Fund” third quarter ...
Evercore ISI raised the firm’s price target on GE Vernova (GEV) to $390 from $385 and keeps an Outperform rating on the shares after the ...
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