GE Vernova Stock Defies Downgrades with 0.5% Gain Despite 24% Monthly Rise.

GE Vernova stock rose 0.5% despite two Wall Street analysts downgrading it. The stock has increased 24% in the past month, 96% year to date, and 272% over the past 12 months. Despite the two downgrades, the stock's strong performance has kept it afloat.

GE Vernova LLC (NYSE:GEV) stock rose by 0.5% on July 2, 2025, despite two Wall Street analysts downgrading the company. The stock has seen a significant increase in the past month, rising by 24%, and has been up 96% year to date. Over the past 12 months, the stock has surged by 272%, demonstrating its strong performance despite the recent analyst downgrades.

The two analysts, Mizuho and Guggenheim, downgraded GE Vernova to Neutral due to concerns about its stretched valuation following a sharp rally. However, the stock's robust performance has kept it afloat, with analysts still largely bullish on its prospects. UBS reiterated its Buy rating with a $614.00 price target, further underscoring the stock's potential.

GE Vernova, a leading player in the power generation and electrification sectors, operates through three segments: Power, Wind, and Electrification. The company's strong fundamentals, including a market capitalization of $172.4 billion, have contributed to its impressive stock performance. Despite the recent downgrades, the stock's technical indicators, such as the RSI (14) at 79.94, remain strong, suggesting continued upward momentum.

The company's strong cash position, with more cash than debt on its balance sheet, and its focus on renewable energy technologies, such as wind generation and grid solutions, position it well for future growth. The stock's recent performance highlights the resilience of the company's business model and its ability to navigate market headwinds.

References:
[1] https://www.investing.com/equities/ge-vernova-llc
[2] https://www.investing.com/equities/ge-vernova-llc