GE Vernova Inc. (GEV) Surges 69% After Reporting Strong Q2 Earnings

GE Vernova Inc. (GEV) is a nuclear power stock that Jim Cramer was optimistic about, citing its ability to deliver nuclear reactors. Since his comments in February, GEV's shares have gained 69%, with a notable catalyst being a Q2 earnings beat in July. Cramer's enthusiasm for GEV appears to have been warranted, given the stock's performance.

GE Vernova Inc. (GEV), a nuclear power stock, has seen significant appreciation in its share price since Jim Cramer's positive comments in February 2025. As of July 2, 2025, GEV's shares have gained 69%, with a notable catalyst being its Q2 earnings beat in July 2025. This performance aligns with Cramer's optimistic view on the company's ability to deliver nuclear reactors.

Cramer highlighted GE Vernova's robust backlog and expertise in nuclear power projects, particularly its potential to provide energy for AI data centers. His comments in February 2025 suggested that nuclear power could be ready by 2030, which has proven to be prescient given the stock's performance.

The company reported a strong Q2 earnings result, with an earnings per share (EPS) of $1.86, exceeding analysts' expectations of $1.63. This quarterly earnings beat, along with a 11.1% year-over-year revenue growth to $9.11 billion, has driven investor confidence and contributed to the stock's recent performance.

Analysts have also shown optimism towards GE Vernova, with several upgrades to their price objectives. For instance, Susquehanna increased their price target from $662.00 to $736.00, while TD Cowen raised their target from $390.00 to $685.00, both with positive ratings [2].

The stock's performance is also supported by institutional investors' interest. Kaufman Rossin Wealth LLC, Navigoe LLC, EQ Wealth Advisors LLC, IMA Advisory Services Inc., Clarity Asset Management Inc., and Orion Capital Management LLC have all recently purchased shares of GE Vernova [2].

GE Vernova's strong financials and positive analyst sentiment have contributed to its stock performance. As of July 2, 2025, GEV's share price stands at $606.15, up from its 52-week low of $179.19 and 5-year return of 294.35% [1].

In conclusion, Jim Cramer's optimism about GE Vernova Inc. has been justified by the stock's performance since his comments. The company's strong earnings, analyst upgrades, and institutional investor interest have driven its share price appreciation.

References:
[1] https://upstox.com/us-stocks/gev-share-price/
[2] https://www.marketbeat.com/instant-alerts/filing-1429-shares-in-ge-vernova-inc-gev-purchased-by-kaufman-rossin-wealth-llc-2025-08-21/