GE Vernova Inc. (NYSE: GEV) ended Monday’s session on Dec. 15, 2025 with a solid gain, then held steady in extended trading as investors digested a fresh bullish analyst initiation and braced for a high-volatility macro morning on Tuesday.
After the closing bell, GEV traded around $682, essentially flat-to-slightly higher versus the close, signaling that—at least so far—there’s no major new after-hours headline forcing a fast repricing. [1]
Below is what moved the stock today, what Wall Street’s newest forecasts are saying tonight, and the key checklist to know before the market opens tomorrow.
GE Vernova stock price after the bell: where GEV stands tonight
GE Vernova closed regular trading at $681.35 on Monday, up 1.44%, after swinging through a wide intraday range (roughly mid-$670s to mid-$690s). [2]
In after-hours trading, GEV was hovering near $682 (about +0.1% from the close) early this evening. [3]
Why that matters: after a violent, news-driven move last week (including a new all-time high), traders are watching for confirmation that the latest analyst-driven lift is “sticking”—or fading—into Tuesday’s macro catalysts. [4]
What happened to GE Vernova stock today
On the tape, Monday looked like a “digest and stabilize” day:
- Close: $681.35 (+1.44%) [5]
- After-hours: about $682 (slightly higher) [6]
- Context: the stock is still coming off last week’s record-setting burst, when it hit an all-time high of $731 (Dec. 10) after a major Investor Update reset expectations for 2026 and beyond. [7]
That recent surge matters because it has pulled more generalist money into the name—and also raised the bar for “what’s already priced in,” which is why even a bullish initiation can produce choppy follow-through.
The main news catalyst today: Evercore ISI initiates coverage with Outperform and a $860 price target
The dominant stock-specific storyline on Dec. 15 was a new Evercore ISI initiation.
Evercore analyst Alexander Virgo initiated coverage of GE Vernova with an Outperform rating and an $860 price target, framing the group as “picks and shovels” beneficiaries of electrification, automation, and AI-driven infrastructure spend. [8]
Key elements of the Evercore thesis that stood out in today’s coverage:
- The firm argues multi-industrials like GE Vernova can outperform when “growth is at a premium,” which it expects to be the setup again into 2026. [9]
- It highlights tight supply chains and pricing power as factors supporting earnings momentum. [10]
- Barron’s summary of Evercore’s launch noted Evercore’s view that U.S. electricity usage could grow around 3% annually over the next two decades, versus roughly 1% historically—an important macro underpinning for turbine, grid, and electrification demand. [11]
That initiation is also why GEV was repeatedly cited today as a “power-for-AI” beneficiary in market commentary. [12]
Why “AI power demand” keeps showing up in GEV stock calls
It’s not just a buzzword. The demand narrative is becoming measurable—at least in management guidance and backlog commentary.
In GE Vernova’s Investor Update materials (released last week, but still driving today’s valuation debate), the company raised its multi-year outlook and explicitly tied future growth to the long-cycle power and grid buildout now being accelerated by data centers and electrification. [13]
Among the headline targets from that update:
- 2026 revenue:$41–$42B [14]
- 2026 free cash flow:$4.5–$5.0B [15]
- Outlook by 2028:$52B revenue and 20% adjusted EBITDA margin [16]
- Cumulative free cash flow (2025–2028): at least $22B [17]
- Capital returns: board-approved quarterly dividend $0.50/share and expanded repurchase authorization to $10B [18]
Reuters also pointed to data-center-driven demand as a core reason for the company’s upbeat 2026 outlook and buyback boost. [19]
Today’s forecasts and analyst takes: bullish targets are rising, but consensus is mixed
Tonight, the “forecast” picture for GE Vernova depends on which dataset you’re looking at—and that itself is worth knowing before Tuesday’s open.
The bullish end (fresh calls and recent upgrades)
- Evercore ISI:Outperform, $860 target (new today) [20]
- MarketWatch reported JPMorgan lifted its price target to $1,000 following the investor update, while Oppenheimer upgraded with an $855 target. [21]
- Investopedia also highlighted the Oppenheimer upgrade to outperform and the $855 target after the investor update. [22]
- Investor’s Business Daily noted William Blair calling GE Vernova a “top pick” for 2026, emphasizing turbine and electrification positioning and long-cycle demand. [23]
The “consensus” middle (what many aggregators show)
- Yahoo Finance’s quote page lists a 1-year target estimate around $731.69 (as of its data capture). [24]
- Some data aggregators show a lower average target (mid-$600s) despite a “Buy” consensus, reflecting lagging targets from before the latest upward revisions. [25]
What to take from this: the market is actively repricing GE Vernova’s terminal opportunity set, and price targets are not synchronized across platforms. In practical terms, that can amplify volatility—because “target upgrades” can keep printing even when the stock is already extended.
The pushback case: valuation and “risk/reward” concerns haven’t disappeared
The bullish narrative is strong, but it’s not uncontested.
Last week, Barron’s reported that Seaport downgraded GE Vernova from Buy to Hold after an “epic run,” essentially arguing that the stock’s rapid rise had balanced out the upside vs. risk. [26]
This matters because it frames the tug-of-war investors are watching tonight:
- Bull case: multi-year power and grid supercycle + pricing power + backlog visibility + capital returns. [27]
- Bear/neutral case: the stock has already sprinted, leaving less margin for error—especially heading into macro data shocks. [28]
A real-world risk investors are tracking: rare earth yttrium and supply-chain constraints
Beyond valuation, GE Vernova has also been in the news for supply-chain exposure—specifically yttrium, a rare earth element used in certain high-temperature applications.
Reuters reported that GE Vernova is working with the U.S. government to bolster yttrium stockpiles amid shortages linked to Chinese export restrictions, and noted that prices outside China surged sharply in 2025. [29]
This isn’t necessarily an immediate “tomorrow morning” catalyst—but it’s the kind of operational risk the market re-weights quickly if geopolitical headlines escalate.
What to know before the market opens tomorrow (Tuesday, Dec. 16, 2025)
GE Vernova-specific headlines will matter, but Tuesday morning is primarily a macro tape—and GEV has become a high-profile, high-expectations story stock that can move with rates, growth expectations, and risk appetite.
1) The U.S. jobs report hits before the open
The Bureau of Labor Statistics schedule shows the Employment Situation (November 2025) is due Tuesday at 8:30 a.m. ET—before the opening bell. [30]
2) Retail sales also arrive at 8:30 a.m. ET
The Census Bureau calendar lists Advance Monthly Sales for Retail and Food Services (October 2025) at 8:30 a.m. ET Tuesday. [31]
3) Why these prints could be extra messy: shutdown-related data gaps
Reuters warned today that the recent U.S. government shutdown has disrupted economic data collection, creating gaps and quirks in employment and inflation reporting—including missing elements in some datasets. [32]
So even if you normally trade “jobs day” in a straightforward way, this week’s releases may carry higher uncertainty, which often translates into bigger swings in futures and yields. [33]
4) Positioning backdrop: markets are explicitly bracing for a data-packed week
Reuters’ broader market wrap emphasized that investors are positioning for a busy week of key economic data that could reshape rate expectations. [34]
Why it matters for GEV: when expectations for rates and growth shift quickly, “long-duration” narratives (multi-year capex cycles, high terminal value assumptions) can reprice fast—even if nothing changes about GE Vernova’s order book overnight.
A practical “before the open” checklist for GEV traders and investors
Here’s what’s most likely to matter between now and Tuesday’s open:
- 8:30 a.m. ET: Jobs report (Employment Situation, Nov.) [35]
- 8:30 a.m. ET: Retail sales (Advance Monthly Sales, Oct.) [36]
- Any revision chatter: given the shutdown-driven data distortions flagged by Reuters [37]
- GEV pre-market liquidity: after-hours held near $682, but pre-market can gap on macro headlines [38]
- Rates and index futures reaction: especially if the data meaningfully changes “cut vs. hold” narratives [39]
Key technical levels investors are watching into Tuesday
Without turning this into a trading tutorial, the widely watched reference points going into tomorrow are straightforward:
- Near-term support zone: today’s intraday low around $675 [40]
- Near-term resistance zone: today’s highs in the mid-$690s [41]
- Major reference high:$731 (recent all-time high) [42]
If macro data sparks a broad risk-off move, traders will watch whether GEV can hold above recent support. If markets rally on “cooler” data, watch whether the stock can reclaim the upper end of last week’s post-investor-day range.
The next company catalyst (not tomorrow, but on the horizon): Q4 earnings timing
Most calendars currently peg GE Vernova’s next earnings in late January 2026 (often listed as Jan. 28, 2026 by several market-data providers). [43]
That’s not an immediate “tomorrow” driver, but it shapes positioning: after a big guidance reset, the market will likely expect continued execution and clean cash-flow delivery.
One more “today” take: Zacks also spotlighted GEV in the AI-energy trade
In a widely circulated note published early Monday, Zacks highlighted GE Vernova as a standout “AI energy” beneficiary and argued that investors looking at AI infrastructure may increasingly focus on power and grid names (though this is opinion commentary, not company guidance). [44]
This type of coverage matters less for fundamentals—but it can matter for flow: it puts GEV in front of a broader retail/income audience at a moment when the stock is already in a headline-driven momentum phase.
Bottom line heading into Tuesday’s open
GE Vernova stock is ending Dec. 15 with a calm after-hours tape near $682 after a +1.44% regular-session gain, helped by Evercore ISI’s fresh Outperform initiation and $860 target. [45]
But the real near-term risk (and opportunity) is macro-driven volatility before the bell: the jobs report and retail sales print at 8:30 a.m. ET, and Reuters has flagged that shutdown-related disruptions may make this week’s data unusually difficult for markets to interpret cleanly. [46]
If you want a single sentence takeaway for tomorrow: GEV’s fundamental story is still being repriced upward—but Tuesday morning’s macro data will likely set the tone for whether momentum stocks get bid or faded at the open. [47]
References
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