GE Vernova (GEV) Stock Outlook Before the December 1, 2025 Open: Taiwan Wind Deal, AI Power Demand and Rich Valuations

As Wall Street heads into the first trading day of December, GE Vernova Inc. (NYSE: GEV) is set to open Monday, December 1, 2025, near $600 a share after a powerful late‑November run fueled by strong earnings momentum, new international wind contracts and a flood of fresh research coverage. ^[1]

Between November 28 and November 30, financial media, quant platforms and analysts pushed out a concentrated burst of updates on GE Vernova’s outlook. Here’s how that three‑day news window is shaping expectations before the bell.

1. Where GE Vernova Stock Stands Heading Into Monday

Price and performance

GE Vernova finished the shortened Black Friday session on November 28 at $599.77, up about 1.7% on the day and outperforming the major U.S. equity indices. ^[2]
Fintel data show the stock has climbed about 7.9% over the past week and roughly 79% over the last 12 months, giving the company an estimated market value near $163 billion. ^[3]
MarketBeat lists a 52‑week range of $252.25 to $677.29, putting Friday’s close roughly 11% below the record high. ^[4]

Trading volume on Friday came in around 1.0 million shares, well below the roughly 3 million‑share average, suggesting that the latest move higher has not yet attracted the kind of heavy turnover seen earlier in the year. ^[5]

Valuation snapshot

On standard valuation metrics, GE Vernova is expensive:

Trailing P/E: ~95–97x earnings. ^[6]
PEG ratio: about 4.5, implying the price is several times higher than the company’s projected earnings growth rate. ^[7]
Price‑to‑book: around 16–17x, well above the 3x level often viewed as a threshold for potential overvaluation. ^[8]

Zacks gives GE Vernova an “F” Value Style Score, explicitly flagging the stock as trading at a premium to peers, and maintains a Zacks Rank #3 (Hold), indicating expectations for performance roughly in line with the broader market in the near term. ^[9]

Short interest appears modest relative to some high‑flyers: MarketBeat estimates about 2.66% of the float is sold short, a level usually viewed as manageable. ^[10]

2. What Changed Between November 28–30, 2025?

November 28: Black Friday gains and recap of Q3 strength

Market action

On Friday, November 28, MarketWatch reported that GE Vernova’s 1.7% rise to $599.77 marked its second straight daily gain and another day of outperformance versus the S&P 500 and the Dow Jones Industrial Average. ^[11]

A same‑day MarketBeat trading note highlighted that GE Vernova was up about 1.3% intraday on relatively light volume, with investors still digesting October’s quarterly earnings release. ^[12]

Meanwhile, Investor’s Business Daily mentioned GEV in its “Stock Market Today” live coverage, grouping it with other growth names to watch as trading resumed after the Thanksgiving break. ^[13]

Earnings context

Several of Friday’s articles revisited GE Vernova’s third‑quarter 2025 results, reported on October 22:

Orders: $14.6 billion, up about 55% organically, driven largely by the Power and Electrification segments. ^[14]
Revenue: approximately $10.0 billion, up 12% reported and 10% organically year over year. ^[15]
Adjusted EBITDA: roughly $0.8 billion with an 8.1% margin, reflecting continued margin expansion in Power and improving profitability in Wind. ^[16]
Net income: about $0.5 billion, for a net margin near 4.5%. ^[17]

Zacks noted that Q3 revenue beat consensus by about 8.6%, while EPS of $1.64 was a negative surprise of roughly 7.9% versus its $1.78 estimate, though still a sharp improvement from $0.35 a year earlier. ^[18]

November 29: Taiwan wind deal dominates narrative and fuels 7.9% weekly move

On Saturday, November 29, Simply Wall St published one of the most detailed fresh analyses titled “GE Vernova (GEV) Is Up 7.9% After Securing First International Wind Repowering Deal in Taiwan.” ^[19]

The piece ties the stock’s roughly 7.9% weekly gain directly to GE Vernova’s recently announced onshore wind repowering agreement with Taiwan Power Company (Taipower), its first such repower contract outside the United States. ^[20]

Key deal details from GE Vernova’s November 19 press release and subsequent coverage:

GE Vernova will supply 25 onshore wind repower upgrade kits to Taipower and provide five years of operations and maintenance services. ^[21]
The project aims to modernize older turbines and extend asset life, strengthening GE Vernova’s service revenue stream in Asia. ^[22]
Finviz noted that shares spiked about 7.3% on the day the Taiwan deal was announced (November 19) before giving back some gains as interest‑rate worries hit capital‑intensive energy names. ^[23]

Simply Wall St framed the deal as a strategic milestone rather than a short‑term earnings game‑changer, emphasizing that the main investment case still rests on global power demand and grid modernization rather than any single contract. ^[24]

The article also laid out an ambitious 2028 scenario—built on analyst forecasts—in which GE Vernova reaches roughly $48 billion in revenue and $5.8 billion in earnings, implying about 9.5% annual revenue growth from current levels and a $4.6 billion increase in earnings from about $1.2 billion today. ^[25]

Under that framework, Simply Wall St calculates a fair value near $678.93 per share, about 13% above the current price, and notes that community fair‑value estimates range widely from around $360 to $760. ^[26]

Also on November 29:

A Motley Fool article (syndicated via Yahoo Finance) named GE Vernova one of “The Best Stocks to Buy With $1,000 Right Now,” highlighting its exposure to secular power demand and data‑center electrification but cautioning that investors are paying premium multiples for that growth. ^[27]
MarketBeat reported that Wealthquest Corp had initiated a new position in GE Vernova, adding to the list of institutions building stakes since the spin‑off. ^[28]

November 30: AI‑driven power story pushes GEV as a top 2025 pick

On Sunday, November 30, AInvest ran a feature titled “GE Vernova: The Smartest Technology Stock to Buy With $1,000 in 2025,” positioning the company squarely at the intersection of the AI boom and the global energy transition. ^[29]

Highlights from that analysis (which leans heavily on GE’s own disclosures and Utility Dive reporting):

Q3 2025 revenue was framed at around $10 billion, with orders surging to $14.7 billion, up 55% year over year, led by Power and Electrification. ^[30]
The gas turbine backlog has grown to about 62 gigawatts, split between 29 GW of firm orders and 33 GW of slot reservations, up roughly 7 GW from Q2, giving management good visibility on future gas‑power revenue. ^[31]
The Electrification segment—which sells transformers, switchgear and other grid equipment—saw revenue jump about 32% year over year in Q3, with equipment orders more than doubling. ^[32]
Across the first three quarters of 2025, GE Vernova has booked roughly $900 million in electrification orders from hyperscale data‑center customers, about 50% more than in all of 2024, underscoring its role as a key supplier to AI infrastructure projects. ^[33]

AInvest also highlighted management’s updated outlook for around 25% organic revenue growth in 2025, up from prior guidance near 20%, and projected 10% annual revenue growth through 2030, positioning GE Vernova as a long‑duration compounder if AI‑driven power demand continues to scale. ^[34]

On the ownership front, a November 30 MarketBeat alert noted that Estabrook Capital Management had disclosed a new stake in GE Vernova, adding another institutional buyer to the shareholder list. ^[35]

3. Earnings Forecasts and Street Expectations

Zacks: strong growth, but only a “Hold” for now

A widely cited Zacks Equity Research piece on November 27—still central to this weekend’s coverage—branded GE Vernova one of the “most‑watched stocks” on its platform and laid out a detailed earnings roadmap. ^[36]

Key Zacks projections:

Current quarter (Dec 2025):
- Consensus EPS: $3.05, implying +76.3% growth vs. the same quarter last year.
- Consensus revenue: about $10.06 billion, which would actually be 4.7% lower year over year as tough wind comparisons roll off. ^[37]
Full‑year 2025:
- Consensus EPS: $7.47, up roughly 33.9% from 2024. ^[38]
- Consensus revenue: $37.17 billion, a gain of about 6.4%. ^[39]
Full‑year 2026:
- Consensus EPS: $12.77, implying 70.9% year‑over‑year growth.
- Consensus revenue: $41.78 billion, up about 12.4% from 2025. ^[40]

Despite that robust growth profile, Zacks’ model currently yields only a Rank #3 (Hold), in part because near‑term estimate revisions have been slightly negative and because its valuation screens as expensive (Zacks’ value score of F). ^[41]

Management guidance and backlog visibility

GE Vernova’s own third‑quarter release emphasized that:

The company is operating against a backdrop of roughly $16 billion in total backlog growth year‑to‑date across Power and Electrification. ^[42]
Gas Power equipment backlog and slot reservations increased from 55 to 62 GW in 2025. ^[43]
Electrification backlog has also expanded materially as utilities and data‑center operators upgrade grid infrastructure. ^[44]

The company reaffirmed and in some respects tightened its 2025 guidance, calling for high‑single‑digit EBITDA margins and strong free‑cash‑flow generation, with more detail on 2026 expected at its December 9 investor event—a key catalyst just beyond Monday’s open. ^[45]

4. What Analysts and Quant Models Are Saying This Weekend

Wall Street ratings and price targets

MarketBeat’s consolidated dashboard captures a very active analyst community around GE Vernova:

Consensus rating:“Moderate Buy” based on 4 Strong Buy, 19 Buy, 8 Hold and 2 Sell ratings. ^[46]
Average price target: about $607.81, only a few dollars above Friday’s close, suggesting limited near‑term upside at current levels. ^[47]

Individual broker targets span a wide range:

Bullish calls include GLJ Research at $758, Barclays and Morgan Stanley around $710, and Goldman Sachs and RBC near $735, reflecting confidence that GE Vernova can sustain double‑digit growth as AI‑driven power demand accelerates. ^[48]
On the cautious side, Redburn/Rothschild has a target around $475, effectively a Sell‑equivalent view, reflecting concerns about valuation and execution risk. ^[49]

Data aggregated by QuiverQuant and Fintel show that several houses—including Morgan Stanley, Wells Fargo, TD Cowen, JPMorgan, Susquehanna and Barclays—rate the stock Overweight or Buy, reinforcing the idea that most of the Street is constructive long term despite valuation worries. ^[50]

Quant & AI signals

At the quantitative level, signals are mixed but generally positive:

MarketBeat’s MarketRank™ score places GE Vernova in the 59th percentile overall and 139th out of 263 energy stocks, with particularly strong marks for projected earnings growth but weaker scores for valuation. ^[51]
News sentiment on MarketBeat sits at 1.52 over the past week (on a –2 to +2 scale), notably above the 0.95 average for the energy sector, reflecting the overwhelmingly positive tone of recent coverage. ^[52]
Danelfin’s AI stock‑picking platform recently assigned GE Vernova a Buy rating with an AI Score of 9/10, and estimates that the stock has about a 65.9% probability of outperforming the market over the next three months, roughly 10 percentage points higher than the average U.S. stock in its universe. ^[53]

5. Business Fundamentals: Power, Electrification and the Wind Turnaround Story

Power and Electrification: riding the AI power wave

The bullish case that dominates this weekend’s commentary revolves around GE Vernova’s role as an “energy‑AI enabler”:

The Power segment—anchored by gas turbines—saw orders grow about 50% and revenue around 14–15% year over year in Q3, with segment EBITDA margins expanding by roughly 140 basis points. ^[54]
The Electrification segment posted over 30% revenue growth and more than 100% order growth as utilities and cloud providers ordered transformers, switchgear and grid solutions to support new data‑center builds. ^[55]
Articles from AInvest and Finviz highlight that GE Vernova has already booked about $900 million of electrification orders from hyperscalers in 2025, with roughly $400 million landing in Q3 alone. ^[56]

Management has responded by adding more than 800 production workers and 200 new machines at its gas‑power factories and by buying out the remaining stake in Prolec GE, a major North American transformer maker—moves commentators say should help it meet demand without sacrificing margins. ^[57]

Wind: Taiwan repower deal hints at a slow turn

Wind remains GE Vernova’s problem child:

Q3 Wind revenue fell around 8–9% year over year, and the segment is still loss‑making, though EBITDA losses narrowed meaningfully compared with 2024. ^[58]
Permitting delays and tariff uncertainty have weighed on new onshore and offshore wind orders, with several commentators expecting a clearer recovery only from 2026 onward. ^[59]

That’s why the Taiwan repower contract has drawn outsized attention in late November coverage: it’s the first international onshore repower project for GE Vernova, gives credibility to the company’s wind‑services strategy and could open the door to similar deals that monetize its installed base. ^[60]

Still, analyses from Simply Wall St, Finviz and others all stress that one deal doesn’t fix the Wind segment; investors will want to see a pipeline of repower and new‑build projects before assigning higher multiples to that business. ^[61]

6. The Valuation Debate: Premium Price for Premium Growth?

If there’s one consistent theme across the November 28–30 commentary, it’s that GE Vernova’s growth story is compelling—but already richly priced.

MarketBeat calculates a trailing P/E of 97.3, versus about 39 for the broader market and 13 for the energy sector, and a PEG ratio of 4.46. ^[62]
Fintel places the 1‑year share‑price gain near 79%, underscoring how much optimism is already embedded in today’s price. ^[63]
Motley Fool and Zacks both describe the stock as trading at a premium valuation, with one Motley Fool piece citing forward multiples above 80x this year’s earnings and nearly 50x next year’s estimates. ^[64]
Zacks’ Value score of F and MarketBeat’s notes on an elevated price‑to‑book ratio reflect the same concern. ^[65]

By contrast, Simply Wall St’s discounted‑cash‑flow framework suggests moderate undervaluation, with a fair value about 13% higher than the current share price and some community models going much higher—up to around $760 per share. ^[66]

This tension—between “expensive on today’s numbers” and “cheap if long‑term forecasts prove right”—is at the heart of the pre‑December 1 debate.

7. Key Things for Investors to Watch Before the Open

Based on the flurry of coverage from November 28–30, here are the main issues investors are likely to weigh ahead of Monday’s session:

Can the growth keep up with the price?
- Consensus forecasts call for strong double‑digit EPS and revenue growth through 2026, but current multiples leave little room for disappointment. ^[67]
Execution on AI‑driven power demand.
- Orders tied to data‑center and AI infrastructure are ramping quickly; the Street will watch whether that translates into sustained margin expansion in Power and Electrification without supply‑chain or capacity hiccups. ^[68]
Wind segment inflection.
- The Taiwan contract is an encouraging proof point, but investors will look for more international repower wins and clearer profitability milestones before re‑rating the wind business. ^[69]
Interest‑rate sensitivity.
- As Finviz noted, GEV shares sold off sharply on days when expectations for lower interest rates were pushed back, underlining the risk that higher discount rates could drag on the stock’s lofty valuation. ^[70]
Upcoming December 9 investor event.
- Management is expected to give more detailed 2026 guidance and longer‑term targets; this could be the next big catalyst after Monday’s open. ^[71]

8. Bottom Line Before the December 1, 2025 Bell

Heading into Monday’s session, GE Vernova sits in a sweet‑and‑sour spot:

Sweet, because the company is riding two of the most powerful structural trends in markets today—AI‑driven power demand and the global energy transition—and has the backlog, order growth and segment momentum to show for it. ^[72]
Sour, because the stock already trades at premium valuations, with many models suggesting that much of the near‑term upside is now tied to flawless execution and continued macro support. ^[73]

For now, the consensus view from the latest round of research is that GE Vernova remains a high‑quality, growth‑oriented energy name, but one where investors should be as mindful of valuation and rate risk as they are excited about AI‑powered demand and new international contracts.

As always, this overview is for informational purposes only and should not be taken as personalized investment advice. Anyone considering GE Vernova stock should weigh these factors against their own risk tolerance, time horizon and portfolio needs.

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