GE Vernova is a buy as energy demand grows, Baird says​on February 13, 2025 at 12:12 pm

Shares have advanced about 12% in 2025.Shares have advanced about 12% in 2025.   GE Vernova is more than ready to meet the rising demand for energy, according to Baird. The firm initiated coverage of the energy services and equipment company with an outperform rating and a $448 per share price target. Baird’s forecast implies more than 21% upside from Wednesday’s close. Analyst Ben Kallo said GE Vernova is an essential player to meet rising demand for energy and energy infrastructure, both of which will help margins expand. “The rising demand for energy generation solutions gives the company pricing power for out years which we believe will translate to margin expansion and may provide upside to the long-term financial targets (which extend through 2028),” Kallo said. The analyst also pointed to the company’s non-core businesses as attractive pieces of its portfolio and potential growth drivers, including small modular reactors and and carbon capture, utilization, and sequestration. GEV YTD mountain GE Vernova stock. “The tech portfolio, strong cash flow generation, a clean balance sheet, M & A optionality, and exposure to both gas and electric power make GEV an attractive investment for investors looking to play the rise in data centers/AI theme, in our view,” the analyst added. GE Vernova has advanced more than 12% in 2025, outpacing the S & P 500’s 2.9% advance. Analysts are mostly bullish on GE Vernova. LSEG data shows that 21 of 28 analysts covering the stock rate it a buy or strong buy. The average price target also points to upside of nearly 14%.