What's Going On With GE Vernova Shares Today?
What's Going On With GE Vernova Shares Today?
GE Vernova Inc. (NYSE:GEV) shares are trading lower today. Mizuho analyst Maheep Mandloi initiated coverage with a Buy rating and price target of $154.
通用電氣Vernova公司（紐約證券交易所代碼：GEV）股價今天走低。瑞穗分析師馬希普·曼德洛伊以買入評級和目標股價爲154美元啓動了報道。
The analyst says that GE Vernova benefits from leadership in the gas power business (generating recurring and increasing cash flow), margin expansion in the wind business (led by pricing power), an unprofitable offshore backlog ending by 2026, and a strong presence in grid services and electrification.
這位分析師表示，GE Vernova受益於天然氣發電業務的領導地位（產生經常性且不斷增加的現金流）、風能業務利潤率的擴大（由定價能力帶動）、到2026年結束的無利可圖的海上待辦事項以及電網服務和電氣化領域的強大影響力。
In particular, Mandloi estimates EBITDA for the Power business of ~$2 billion in 2024 (~93% of group EBITDA), rising at an 8% CAGR 2024-2026, aided by services growth (75% of power revenue).
特別是，曼德洛伊估計，在服務增長（佔電力收入的75％）的推動下，2024年電力業務的息稅折舊攤銷前利潤約爲20億美元（約佔集團息稅折舊攤銷前利潤的93％），2024-2026年複合年增長率爲8％。
The analyst sees potential optionality for turbines using hybrid or zero-carbon fuels.
分析師認爲，使用混合燃料或零碳燃料的渦輪機具有潛在的可選性。
Also Read: GE's Historic Crotonville Academy Reportedly Sold: End Of An Era?
另請閱讀: 據報道，通用電氣歷史悠久的克羅頓維爾學院已售出：一個時代的終結？
Moreover, the analyst projects Wind business EBITDA to grow to ~$1 billion in 2026, from -$(0.2) billion in 2024.
此外，分析師預計，風能業務的息稅折舊攤銷前利潤將從2024年的-2億美元（2億美元）增長到2026年的約10億美元。
Apart from this, Mandloi projects GEV's electrification revenue to grow at an 11% CAGR from 2023-2026 and segment EBITDA to reach $0.5 billion in 2026.
除此之外，曼德洛伊預計，從2023年到2026年，GEV的電氣化收入將以11％的複合年增長率增長，該細分市場的息稅折舊攤銷前利潤將在2026年達到5億美元。
Moreover, the analyst expects AI/data center demand to potentially increase U.S. gas and wind segment demand by over 5%-10% and 10%-15%, respectively, by 2030.
此外，分析師預計，到2030年，人工智能/數據中心需求有可能使美國天然氣和風能領域的需求分別增加5％-10％和10％-15％以上。
Overall, the analyst projects the company to attain a 10% Adjusted EBITDA margin by 2026 (vs 1.7% in 2023), much earlier than guidance of 2028.
總體而言，該分析師預計，到2026年，該公司調整後的息稅折舊攤銷前利潤率將達到10％（2023年爲1.7％），遠早於2028年的預期。
Earlier this month, GE Aerospace (NYSE:GE) disclosed the official launch as an independent public company following the completion of the spin-off of GE Vernova.
本月早些時候，通用電氣航空航天公司（紐約證券交易所代碼：GE）透露了在通用電氣Vernova完成分拆後作爲獨立上市公司的正式上市。
Price Action: GEV shares are down 2.13% at $131.14 on the last check Monday.
價格走勢：週一的最後一次支票中，GEV股價下跌2.13％，至131.14美元。
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