Company Overview
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts.
Company Information
- CEO
- Scott L. Strazik
- Sector
- Utilities
- Industry
- Renewable Utilities
- Employees
- 76800
Contact Information
- Website
- https://www.gevernova.com
- Address
- 58 Charles Street
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Utilities leader with 176.70B market capitalization
- Trading Volume: 1.80M shares traded today
- Price Range: 52-week range of $173.07 - $677.29
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for GE Vernova Inc.
GE Vernova Inc. (GEV) operates in the Renewable Utilities industry within the Utilities sector. With a current market capitalization of 176.70B, the company represents a significant player in its market. The stock is currently trading at $649.09 with a positivedaily change of 0.50%.
The company's 76800 employee base and presence on the New York Stock Exchangeexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 156.41, beta of 1.56, and 52-week price range from $173.07 to $677.29when evaluating investment opportunities.
Why Invest in GE Vernova Inc.?
Strengths
- • Established market presence in Utilities
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Scott L. Strazik
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Utilities Sector
The Utilities sector includes companies that provide essential services like electricity, gas, water, and waste management to consumers and businesses.