A surge in put trading activity for GE Vernova (GEV, Financial) has been observed, with a total of 2,794 put contracts exchanging hands. This volume surpasses typical expectations by 20%, indicating a bearish sentiment among traders. The most traded contracts are for the June 2025 210 puts and the April 2025 weekly 315 puts, which together account for nearly 1,900 contracts.
The elevated put activity has pushed the Put/Call Ratio to 1.90, suggesting a dominant bearish outlook. Additionally, at-the-money implied volatility (ATM IV) has increased by over six points, reflecting the heightened market anticipation and uncertainty surrounding the stock's future performance.
Investors are closely watching these developments as GE Vernova prepares to release its earnings report on April 23rd, which could further influence market sentiment and trading behavior. The company's financial results will be pivotal in determining whether this bearish outlook persists or shifts following the announcement.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for GE Vernova Inc (GEV, Financial) is $396.10 with a high estimate of $500.00 and a low estimate of $221.00. The average target implies an upside of 28.50% from the current price of $308.25. More detailed estimate data can be found on the GE Vernova Inc (GEV) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, GE Vernova Inc's (GEV, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
