GE Vernova Plunges 3.22% Amid Analyst Downgrades

On August 1, 2025, GE Vernova experienced a 3.22% drop in pre-market trading, reflecting a significant shift in investor sentiment.

Analysts have recently downgraded GE Vernova, citing concerns about the stock's valuation despite strong Q2 results and strategic acquisitions. Mizuho and Guggenheim both adjusted their ratings to "Neutral" from "Outperform" and "Buy," respectively, indicating a cautious outlook. Mizuho's downgrade was attributed to the belief that the stock's current valuation fully reflects its growth potential, while Guggenheim removed its previous price target of $600.

Despite these downgrades, some analysts remain optimistic about GE Vernova's prospects, particularly in the context of the AI energy boom. The company's acquisition of Alteia AI for GridOS and bullish technical indicators have provided some support, offsetting the negative sentiment from the downgrades. The trend of AI power demand soaring has also been highlighted as a potential driver for future growth.