How to Buy Ge Vernova Stock
Ge Vernova Inc
Ge Vernova is a renewable energy company located in Massachusetts, United States, which is part of the Utilities sector, and is traded under the ticker GEV on the NYSE exchange.
Ge Vernova stock last closed at $254.68, up 0.95% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Utilities - Renewable industry by N/A percentage points. Ge Vernova stock is currently +114.02% from its 52-week low of $119.00, and -1.53% from its 52-week high of $258.64.
As of Oct 3, 2024, there are 274.8M shares of GEV outstanding. The market value of GEV is $69.99B. In the past 24 hours, 1.89M GEV shares were traded.
How to Buy Ge Vernova Stock
Wondering how to invest in Ge Vernova stock? Here's how.
- Figure out where to buy Ge Vernova stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Ge Vernova stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your information.
- Research Ge Vernova stock: The Ge Vernova ticker symbol is GEV. Is Ge Vernova stock a good investment? Should you buy shares of GEV? How do GEV's underlying business fundamentals look? Do top analysts think Ge Vernova is a good buy? Why has GEV's stock price moved recently? (Hint: Our stock research website can help you decide if GEV is a good stock to buy).
- Make your GEV purchase: Decide if you will purchase GEV shares at the current market price or use a limit order to buy GEV stock at a given price.
- Keep an eye on your investment in GEV: Create a watchlist to important notifications about your position in Ge Vernova shares.
Step 1: Figure out where to buy Ge Vernova stock
You need a brokerage account to access the NYSE market and buy GEV shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can buy GEV today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your investment account.
Step 4: Research Ge Vernova stock
Once you have decided on the best place to buy Ge Vernova stock, it's very important to evaluate their stock prior to investing, so you truly understand the risk and upside.
Ge Vernova shares at a glance
GEV Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on GEV's stock page.
Is GEV stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge GEV's true value.
Using relative valuations methods:
- GEV may be overvalued based on its P/B ratio of 7.72x, relative to Utilities - Renewable industry P/B ratio of 4.15x
You can access more valuation research on GEV's stock here.
GEV Financial Health Overview
Signs that GEV is financially healthy:
- There are more short-term assets than long-term liabilities on the GEV balance sheet.
- There are more short-term assets than short-term liabilities on the GEV balance sheet.
Signs that GEV is not financially healthy:
- GEV has a relatively high debt to equity ratio of 4.19.
Do Wall Street analysts think it's a good time to buy GEV stock
Out of 18 Equities analysts who monitor GEV, the consensus analyst rating on GEV is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Latest GEV Analyst Upgrades/Downgrades
Christopher Dendrinos, a top 26% analyst from RBC Capital maintains GEV with a buy rating and raises their GEV price target from $192.00 to $246.00, on Sep 17, 2024.
Andrew Obin, a top 13% analyst from Bank of America upgrades GEV to a strong buy rating and raises their GEV price target from $200.00 to $300.00, on Sep 17, 2024.
Bank of America's Andrew Obin upgraded their rating on Ge Vernova (NYSE: GEV) from Hold to Strong Buy on 2024/09/17. The analyst also raised their price target by 50% from $200 to $300.
According to Obin, it is widely understood that Ge Vernova's Electrification segment is benefiting from rising grid-related spending.
Conversely, the analyst argued that the Gas Power Services segment's story is "less appreciated by investors."
Citing Gas Power Services' more robust earnings growth, Obin attributed their upgrade and price target move to an increase in their FY 2025 and 2026 predictions.
Mark Strouse, a top 14% analyst from JP Morgan maintains GEV with a strong buy rating and raises their GEV price target from $216.00 to $240.00, on Sep 13, 2024.
Andrew Percoco, a top 32% analyst from Morgan Stanley maintains GEV with a strong buy rating and raises their GEV price target from $220.00 to $256.00, on Sep 13, 2024.
Ameet Thakkar, a bottom 4% analyst from BMO Capital initiates coverage on GEV with a buy rating and announces their GEV price target of $245.00, on Sep 13, 2024.
You can dive deeper into what analysts are projecting on the Ge Vernova stock forecast page.
GEV Trading Indicators
Who is buying/selling GEV?
In the past 12 months, executives and large shareholders at GEV have sold more shares than they have bought.
Scott Strazik, Chief Executive Officer of GEV, was the latest GEV insider to sell. They sold $6,616,969.47 worth of GEV shares on Sep 3, 2024.
Research more about who owns GEV shares here.
Does GEV stock generate passive income?
No, Ge Vernova doesn't provide an income stream by paying out dividends.
What do other traders have to say about GEV?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your GEV purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your investment in GEV
Now that you own some GEV stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to track your GEV stock.
GEV Feed
How to Buy Stock in Ge Vernova
To summarize, here are the 6 steps to buy Ge Vernova stock:
- Figure out where to buy Ge Vernova stock
- Sign up for a brokerage account
- Fund your investment account
- Research Ge Vernova stock
- Make your GEV purchase
- Keep an eye on your investment in GEV
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Ge Vernova, click the button below.
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