BofA Predicts Solid Q2 for GE Vernova (GEV) With $11.8B in Orders

GE Vernova Inc. (NYSE:GEV) ranks among the best momentum stocks to buy. BofA Securities kept its buy rating on GE Vernova Inc. (NYSE:GEV) and increased its price target from $550 to $620 on July 17. With a projected total of $11.8 billion ($5 billion in wind, $4.9 billion in electrification, and $5.8 billion in power), the firm predicts that GE Vernova Inc. (NYSE:GEV) will report solid second-quarter orders.

In comparison to 7GW in the first quarter of 2025, 6GW in the fourth quarter of 2024, 5GW in the third quarter of 2024, and 4GW in the second quarter of 2024, BofA Securities anticipates GE Vernova Inc. (NYSE:GEV) to receive 6 GW of orders for gas power turbines in the second quarter.

The firm also projects GE Vernova’s second-quarter 2025 adjusted EBITDA to be $0.7 billion, in line with consensus projections.

With a focus on power generation, grid solutions, and electrification, GE Vernova Inc. (NYSE:GEV) produces and provides technologies and services for the energy sector.

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