GEVORKYAN Secures Major Defense Contract with Czechoslovak Group
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 2 day ago
0mins
Source: Globenewswire
- Strategic Expansion: At the WOOD & Company EMEA Conference, GEVORKYAN showcased its financial results and strategy to expand into the defense industry, receiving positive feedback from investors and analysts, indicating strong market confidence in its future development.
- Capital Activity Outlook: Although the company currently has no plans for a secondary public offering (SPO), the Chairman stated that they would consider attractive growth opportunities in the future, demonstrating sensitivity to market dynamics.
- Defense Technology Contract: GEVORKYAN has signed a significant contract with the Czechoslovak Group to produce high-precision components that meet stringent material and tolerance requirements, marking a further consolidation of its position in the defense industry to meet long-term growing demand.
- Industry Reputation: As a leading company in powder metallurgy, GEVORKYAN has built a strong reputation in innovative technological solutions, which is expected to further enhance its competitiveness in the defense market.
GEV.N$0.0000%Past 6 months

No Data
Analyst Views on GEV
Wall Street analysts forecast GEV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GEV is 676.76 USD with a low forecast of 475.00 USD and a high forecast of 758.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast GEV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GEV is 676.76 USD with a low forecast of 475.00 USD and a high forecast of 758.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 621.900

Current: 621.900

Overweight
maintain
$740
Reason
JPMorgan added GE Vernova to the firm's Analyst Focus List as a growth idea and placed the shares on "Positive Catalyst Watch." Despite a solid Q3 report, GE Vernova has underperformed its power generation peers over the past two months, the analyst tells investors in a research note. JPMorgan believes this brings a "compelling entry point." It sees a favorable catalyst path setup into investor events from peers, customers, and the company over the next several weeks. The analyst keeps an Overweight rating on GE Vernova with a $740 price target.
Goldman Sachs analysts removed GE Vernova from the firm's US Conviction List as part of its monthly update.
Morgan Stanley
Angel Castillo
Underweight
maintain
$350 -> $380
Reason
Morgan Stanley
Angel Castillo
Morgan Stanley analyst Angel Castillo raised the firm's price target on Caterpillar (CAT) to $380 from $350 and keeps an Underweight rating on the shares. Caterpillar reported "strong" Q3 results on better-than-expected volumes, but the firm remains skeptical the strength will persist into 2026 as it argues that "fundamentals remain mixed at best." The firm's sum-of-the-parts analysis suggests the market is now discounting a higher multiple on Caterpillar's Power Gen business than GE Vernova (GEV) or Nvidia (NVDA), the analyst added.
Morgan Stanley
Morgan Stanley
Overweight
maintain
$690 -> $710
Reason
Morgan Stanley
Morgan Stanley
Morgan Stanley raised the firm's price target on GE Vernova to $710 from $690 and keeps an Overweight rating on the shares following Q3 earnings. The firm has updated its model to reflect higher 2025 guidance and the acquisition of Prolec, which it estimates should add about $800M of incremental EBITDA in 2028.
About GEV
GE Vernova Inc. is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. It designs, manufactures, delivers, and services technologies to create a sustainable electric power system, enabling electrification and decarbonization. Power segment includes the design, manufacture, and servicing of gas, nuclear, hydro, and steam technologies, providing a critical foundation of dispatchable, flexible, stable, and reliable power. Wind segment includes its wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification segment includes grid solutions, power conversion and storage, and electrification software technologies required for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. Its accelerator business includes advanced research, consulting services and financial services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.