Oppenheimer has raised its 12-month price target on GE Vernova (NYSE: GEV) to $871.00 from $855.00 and maintained an Outperform rating on the stock. The research note highlights a mix of near-term headwinds and offsetting strengths across the company’s business lines.
As of the latest market quote referenced in the note, GE Vernova shares are trading at $711.85, reflecting a 95.52% total return over the prior 12 months. InvestingPro data cited in the research indicates the stock is trading above its Fair Value, with analyst price targets spanning a wide range from $500 to $1,000.
Oppenheimer flagged the Wind business as a source of significant pressure. Those challenges were a factor in GE Vernova’s fourth-quarter 2025 performance and influenced the company’s guidance for 2026. The firm’s analysis indicates Wind-related weakness weighed on reported results for the period.
Counterbalancing the Wind headwinds, Oppenheimer emphasized that demand in GE Vernova’s Power and Electrification segments is running ahead of expectations. The firm suggested that stronger-than-anticipated activity in those segments could help offset weaknesses in the Wind division and support the company’s near-term financial profile.
Another element highlighted by Oppenheimer is the earlier-than-expected closing of the Prolec acquisition. The research note states that the completed deal has the potential to add upside to consensus 2026 estimates, implying incremental contributions to revenue or profitability assumptions in that timeframe.
Operational improvements also factored into Oppenheimer’s view. The firm pointed to ongoing gains in supply chain management and manufacturing processes as drivers that could produce incremental margin expansion across the business.
GE Vernova’s reported fourth-quarter 2025 results were notably strong versus analyst forecasts. The company delivered earnings per share of $13.39, well above an expected $3.22, equal to a 315.84% surprise. Revenue for the quarter amounted to $11.0 billion, topping a $10.23 billion forecast. Despite the magnitude of the beat, the stock experienced a premarket decline of 1.4% following the releases.
At the time of the report, analyst firms had not posted recent upgrades or downgrades on GE Vernova’s rating. Oppenheimer’s adjustment to the price target and its retained Outperform rating reflect its assessment that Power and Electrification momentum, the Prolec acquisition timing, and operational efficiencies collectively provide upside potential against the backdrop of Wind-sector pressures.