GE Vernova (NYSE:GEV) is one of the 11 Best Nuclear Energy Stocks to Invest in Right Now.
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GE Vernova Inc. (NYSE:GEV) rose to prominence among nuclear energy stocks on September 15, 2025, when Melius Research upgraded it from ‘Hold’ to ‘Buy’ with a price target of $740.
The upgrade comes after the company’s share price has risen by around 400% since its spinoff and has returned 177.84% in the last year, helped by $36.62 billion in sales that grew at an 8.45% annual rate. Melius projected that GE Vernova Inc. (NYSE:GEV) might trade at only 20 times its projected earnings by 2028, citing the company’s pricing power and the artificial intelligence sector’s rising power demand as major drivers for future earnings.
Additionally, GE Vernova Inc. (NYSE:GEV) recently sold its Proficy manufacturing software division to TPG for $600 million, and in an effort to streamline operations, it intends to lay off 600 employees around Europe.
A multinational energy company, GE Vernova Inc. (NYSE:GEV), operates in the Americas, the Middle East, Africa, Europe, Asia, and the United States. It is a diversified participant in nuclear energy stocks, operating through the Power, Wind, and Electrification segments and providing onshore and offshore wind solutions in addition to gas, nuclear, hydro, and steam technologies. It is one of the Best Utility Stocks.
While we acknowledge the potential of GEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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