Susquehanna cuts GE Vernova price target to $1,250, keeps Positive rating
Susquehanna lowered its GE Vernova price target to $1,250 from $1,270 on October 29 while retaining a Positive rating. The firm pointed to GE Vernova's gas business, which added 11 gigawatts of contracts in the third quarter and reached 122 gigawatts under contract, with pricing more than 20% above fourth-quarter 2025 levels. GE Vernova also raised its 2026 revenue guidance to $47 billion at the midpoint and its EBITDA margin guidance to 14% at the midpoint.
Why it matters
The lower target reflects Susquehanna's valuation concern, but the firm's Positive rating remains supported by stronger gas-contract activity and pricing. The revised target is 38% above the current share price, according to the second material.
Key facts
- 1Susquehanna reduced its GE Vernova price target to $1,250 from $1,270 and kept its Positive rating. investing.com
- 2GE Vernova added 11 gigawatts of new gas contracts in the third quarter, bringing gas equipment under contract to 122 gigawatts. investing.com
- 3Third-quarter orders were priced more than 20% above fourth-quarter 2025 levels. investing.com
- 4GE Vernova raised 2026 revenue guidance to $47 billion at the midpoint and EBITDA margin guidance to 14% at the midpoint. investing.com
- 5The $1,250 target is 38% above GE Vernova's current share price, according to the second material. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.