GE Vernova surges to 38th in trading volume ranking as Tennessee Valley Authority submits reactor construction permit

On May 20, 2025, GE Vernova (GEV) experienced a 0.77% increase, marking its third consecutive day of gains and a total rise of 5.40% over the past three days. The trading volume for GE was 12.30 billion, placing it at the 38th position in the day's stock market rankings.

GE Vernova's recent surge to an all-time high of $450.44 is driven by the Tennessee Valley Authority's submission for a reactor construction permit. This move is part of a broader strategy to enhance America's energy infrastructure, particularly through the development of small modular reactors at the Clinch River site.

Analysts have offered a mixed outlook on GE Vernova's future price movements. While the stock has shown significant upward momentum, there are indications of potential price fluctuations. The average one-year price target set by 25 analysts is $409.39, suggesting a potential downside of 9.03% from the current trading price. This target range spans from a high estimate of $525.00 to a low estimate of $221.00.

Despite the mixed analyst sentiment, the consensus among 31 brokerage firms places GE Vernova in the "Outperform" category. This rating, which falls within a scale where 1 indicates a Strong Buy and 5 indicates a Sell, reflects a generally favorable outlook from the analyst community.