Overview
- Jim Cramer said GE Vernova’s CEO, Scott Strazik, told him nuclear-related earnings are more likely around 2032.
- Argus raised its price target to $1,300 and Goldman Sachs lifted its target to $1,328, with both firms keeping Buy ratings.
- Insider Monkey reported that data centers generated about $2.4 billion in orders for GE Vernova in a recent quarter.
- The stock is up 186% over the past year and 56% year to date, reflecting investor confidence in the power and grid story.
- Insider Monkey also reported that billionaire Philippe Laffont holds a roughly $2.20 billion stake in the company.