GE Vernova (GEV) Gained Amid Price Target Update

GE Vernova Inc. (NYSE:GEV) is included among the 12 Best Nuclear Power Dividend Stocks to Buy Now.

GE Vernova Inc. (NYSE:GEV) brings together General Electric’s portfolio of energy businesses, including Power, Wind, Electrification, and Digital businesses. The company’s nuclear business, GE Vernova Hitachi Nuclear Energy (GVH), is a world-leading provider of advanced reactors, fuel, and nuclear services.

GE Vernova Inc. (NYSE:GEV) shot up by more than 7% this Monday after Susquehanna analyst Charles Minervino raised the stock’s price target from $736 to $740, while keeping a ‘Positive’ rating on its shares. The move comes as the analyst firm updated its estimates and price targets in the alternative energy space ahead of the reports for the third quarter.

Mr. Minervino modified his estimates on the back of recent legislative developments that he believes work in favor of GE Vernova Inc. (NYSE:GEV), particularly the certain provisions that were kept in the Inflation Reduction Act, such as the preservation of tax credits for qualifying work. Moreover, GEV’s domestic manufacturing and ‘robust’ backlog have also put it in the good books of Susquehanna.

GE Vernova Inc. (NYSE:GEV) declared a quarterly dividend of $0.25 per share last month,  payable on November 17 to shareholders of record as of October 20, 2025.

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