GE Vernova Inc. (GEV)
GE Vernova Inc. operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Cambridge, MA, US. The stock last traded at $965.36, up 2.49% on the session, giving a market capitalisation of $257.11B. On trailing twelve-month figures it carries a trailing P/E of 27.39, a net margin of 23.0%. Its beta of 0.97 implies it has historically moved less than the broad market.
GE Vernova Inc. is an energy enterprise primarily engaged in generating electricity. Its business activities are categorized into three main divisions: Power, Wind, and Electrification. The Power segment is responsible for producing and distributing electricity from various sources, including hydroelectric, natural gas, nuclear, and steam power. The Wind division concentrates on the fabrication and sale of wind turbine blades. Meanwhile, the Electrification segment offers an array of services such as grid infrastructure solutions, power conversion technologies, and both solar and energy storage systems. The company was established in 2023 and has its headquarters situated in Cambridge, Massachusetts.
GE Vernova Inc. is most often compared with the following Industrials names: