GE Vernova's stock fell 9% following GLJ Research's initiation of coverage with a sell rating and a $470 price target, significantly below its current price. This downgrade impacted the broader power infrastructure sector, with Eaton and Quanta Services also dropping 7% and 4%, respectively. The sell rating challenges the high valuation of GE Vernova, particularly its gas-turbine business, amid concerns over the pace of AI-driven electricity demand growth. Investors will watch for further analyst reactions and sector movements as the company navigates this revaluation.
GE Vernova shares are trading at USD 875.00 on Pluang as of Sep 14, 2026 23:52 WIB, down 8.59% for the day. Eaton is also down 7.13%, priced at USD 395.06, while Quanta Services has fallen 4.35% to USD 622.27. These moves align closely with the sector's downward trend following recent analyst downgrades.
GE Vernova and Constellation Energy reported Q2 2026 results highlighting their roles in powering AI growth. GE Vernova saw an 88% organic rise in orders, driven by data center turbine demand, pushing its backlog to a record $176 billion and boosting...
GE Vernova's free cash flow jumped to $5.10 billion in Q2, with management raising full-year guidance to $11.5-$12.5 billion, driven by strong demand in gas turbines and electrification for AI data centers and utilities. Despite a 51% year-to-date st...
