GE Vernova Inc., an energy company, engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Americas, the Middle East, and Africa. The company operates through three segments: Power, Wind, and Electrification. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies. The Wind segment offers wind generation technologies, including onshore and offshore wind turbines and blades. The Electrification segment provides grid solutions, power conversion, solar, and storage solutions; and electrification software for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption. The company was incorporated in 2023 and is headquartered in Cambridge, Massachusetts.

GE Vernova Inc.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in International Business Machines Corp (Symbol: IBM), where a total of 41,510 contracts have traded so far, representing approximately 4.2 million underlying shares. That amounts to about 67% of IBM's average daily trading volume over the past month of 6.2 million shares. Particularly high volume was seen for the $300 strike put option expiring December 19, 2025, with 2,761 contracts trading so far today, representing approximately 276,100 underlying shares of IBM. Below is a chart showing IBM's trailing twelve month trading history, with the $300 strike highlighted in orange:
Visa Inc (Symbol: V) options are showing a volume of 29,158 contracts thus far today. That number of contracts represents approximately 2.9 million underlying shares, working out to a sizeable 54.3% of V's average daily trading volume over the past month, of 5.4 million shares. Particularly high volume was seen for the $365 strike call option expiring October 31, 2025, with 1,519 contracts trading so far today, representing approximately 151,900 underlying shares of V. Below is a chart showing V's trailing twelve month trading history, with the $365 strike highlighted in orange:
And GE Vernova Inc (Symbol: GEV) options are showing a volume of 14,893 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 46.6% of GEV's average daily trading volume over the past month, of 3.2 million shares. Particularly high volume was seen for the $440 strike put option expiring December 19, 2025, with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of GEV. Below is a chart showing GEV's trailing twelve month trading history, with the $440 strike highlighted in orange:
For the various different available expirations for IBM options, V options, or GEV options, visit StockOptionsChannel.com.
Also see:
Cheap Materials Shares
CLBS YTD Return
SRV Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Tuesday Option Activity: IBM, V, GEV

The S&P 500 Index ($SPX) (SPY) today is down -0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.68%. December E-mini S&P futures (ESZ25) are down -0.37%, and December E-mini Nasdaq futures (NQZ25) are down -0.70%.
Stock indexes are under pressure today, led by losses in chipmakers after Texas Instruments forecasted Q4 revenue that was below expectations. Also, Netflix is down more than -9% after reporting weaker-than-expected Q3 EPS. Other corporate earnings results today are mixed for stocks. Intuitive Surgical is up more than +16% after boosting its worldwide Da Vinci procedure growth forecast for the whole year. Also, Capital One Financial is up more than +3% after reporting better-than-expected Q3 adjusted EPS.
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US MBA mortgage applications fell -0.3% in the week ended October 17, with the purchase mortgage sub-index down -5.2% and the refinancing sub-index up +4.0%. The average 30-year fixed rate mortgage fell -5 bp to 6.37% from 6.42% in the prior week.
The markets are focusing on progress in US-China trade talks, as President Trump reiterated his threat on Monday to boost tariffs on Chinese goods "if there isn't a deal" by November 1. President Trump is scheduled to meet Chinese President Xi Jinping next week on the sidelines of the Asia-Pacific Economic Cooperation conference in South Korea.
The shutdown of the US government continues into its fourth week, weighing on market sentiment and delaying key economic reports. The government shutdown means delays in the release of government reports, including the last three weeks of weekly initial unemployment claims and the September payroll report. The Bureau of Labor Statistics (BLS) said the September consumer price report, which was initially scheduled to be released last Wednesday, will be released this Friday. The White House has warned that if the government shutdown lingers, it would trigger widespread dismissals of employees in government programs that don't align with President Trump's priorities. Bloomberg Economics estimates that 640,000 federal workers will be furloughed during the shutdown, which would expand jobless claims and push the unemployment rate up to 4.7%.
The markets this week will focus on earnings results as the Q3 earnings season continues. Rising corporate earnings expectations are a bullish backdrop for stocks. According to Bloomberg Intelligence, 85% of the S&P 500 companies that have reported so far have beaten forecasts, on course for the best quarter since 2021. Also, more than 22% of companies in the S&P 500 that have provided guidance for their Q3 earnings results are expected to beat analysts' expectations, the highest in a year. However, Q3 profits are expected to have risen by +7.2% y/y, the smallest increase in two years. Also, Q3 sales growth is projected to slow to +5.9% y/y from 6.4% in Q2.
The markets are pricing in a 97% chance of a -25 bp rate cut at the next FOMC meeting on Oct 28-29.
Overseas stock markets are lower today. The Euro Stoxx 50 is down -0.43%. China's Shanghai Composite closed down -0.07%. Japan's Nikkei Stock 225 closed down -0.02%.
Interest Rates
December 10-year T-notes (ZNZ5) today are down -3 ticks. The 10-year T-note yield is up +1.0 bp to 3.972%. Supply pressures are weighing on T-notes as the Treasury will auction $13 billion of 20-year T-bonds later today. Losses in T-notes are contained due to the ongoing US government shutdown, which could lead to additional job losses, reduced consumer spending, and a weakened US economy, potentially allowing the Fed to continue cutting interest rates.
European government bond yields are mixed today. The 10-year German bund yield is up +1.6 bp to 2.568%. The 10-year UK gilt yield dropped to a 6.5-month low of 4.369% and is down -5.5 bp to 4.422%.
UK Sep CPI rose +3.8% y/y, unchanged from Aug and weaker than expectations of +4.0% y/y. Sep core CPI unexpectedly eased to +3.5% y/y from +3.6% y/y in Aug, weaker than expectations of +3.7% y/y.
ECB Vice President Guindos said, "The current ECB interest-rate level is adequate as the path forward for inflation looks positive," and risks to the outlook for consumer-price growth are balanced.
Swaps are discounting a 2% chance for a -25 bp rate cut by the ECB at its next policy meeting on October 30.
US Stock Movers
Netflix (NFLX) is down more than -9% to lead losers in the S&P 500 and Nasdaq 100 after reporting Q3 EPS of $5.87, well below the consensus of $6.94.
Texas Instruments (TXN) is down more than -5% to lead chipmakers lower after forecasting Q4 revenue of $4.22 billion to $4.58 billion, with the midpoint below the consensus of $4.50 billion. Also, Microchip Technology (MCHP), Lam Research (LRCX), Advanced Micro Devices (AMD), and Intel (INTC) are down more than -3%. In addition, Analog Devices (ADI), Marvell Technology (MRVL), KLA Corp (KLAC), ARM Holdings Plc (ARM), and ON Semiconductor (ON) are down more than -2%.
Cryptocurrency-exposed stocks are sliding today, with the price of Bitcoin down more than -2%. As a result, Coinbase Global (COIN), Galaxy Digital (GLXY), MARA Holdings (MARA), Riot Platforms (RIOT), and Strategy (MSTR) are down more than -3%.
AST SpaceMobile (ASTS) is down more than -12% after announcing a private offering of $850 million of convertible senior notes due 2036.
GE Vernova (GEV) is down more than -8% after reporting Q3 EPS of $1.64, weaker than the consensus of $1.86.
Manhattan Associates (MANH) is down more than -5% after reporting that its Q3 remaining performance obligations (RPOs) amounted to $2.077 billion, below the consensus of $2.088 billion.
Mattel (MAT) is down more than -2% after reporting Q3 net sales of $1.74 billion, weaker than the consensus of $1.84 billion.
Commercial Metals (CMC) is down more than -2% after Jeffries downgraded the stock to hold from buy.
Intuitive Surgical (ISRG) is up more than +16% to lead gainers in the S&P 500 and Nasdaq 100 after boosting its worldwide Da Vinci procedure growth forecast for the whole year.
Pegasystems (PEGA) is up more than +10% after reporting Q3 revenue of $381.4 million, well above the consensus of $351.8 million.
Hilton Worldwide Holdings (HLT) is up more than +4% after raising its full-year adjusted Ebitda to $3.69 billion-$3.72 billion from a previous forecast of $3.65 billion-$3.71 billion, above the consensus of $3.68 billion.
Capital One Financial (COF) is up more than +3% after reporting Q3 adjusted EPS of $5.95, well above the consensus of $4.39.
Avadel Pharmaceuticals (AVDL) is up more than +3% after Alkermes agreed to acquire the company for about $2.1 billion, or $20 per share.
Alphabet (GOOGL) is up more than +1% on news that Anthropic PBC is in discussions with Google about a deal for cloud computing services valued in the high tens of billions of dollars.
Amphenol (APH) is up more than +1% after reporting Q3 Ebitda of $1.93 billion, stronger than the consensus of $1.64 billion.
Earnings Reports(10/22/2025)
Alcoa Corp (AA), Amphenol Corp (APH), Annaly Capital Management Inc (NLY), AT&T Inc (T), Avery Dennison Corp (AVY), Boston Scientific Corp (BSX), CACI International Inc (CACI), Churchill Downs Inc (CHDN), CME Group Inc (CME), Crown Castle Inc (CCI), Equity LifeStyle Properties In (ELS), First American Financial Corp (FAF), FirstEnergy Corp (FE), GE Vernova Inc (GEV), Globe Life Inc (GL), Graco Inc (GGG), Hexcel Corp (HXL), Hilton Worldwide Holdings Inc (HLT), International Business Machine (IBM), Kinder Morgan Inc (KMI), Knight-Swift Transportation Holdings Inc (KNX), Lam Research Corp (LRCX), Las Vegas Sands Corp (LVS), Lennox International Inc (LII), Lithia Motors Inc (LAD), Medpace Holdings Inc (MEDP), Molina Healthcare Inc (MOH), Moody's Corp (MCO), Northern Trust Corp (NTRS), NVR Inc (NVR), O'Reilly Automotive Inc (ORLY), Packaging Corp of America (PKG), QuantumScape Corp (QS), Raymond James Financial Inc (RJF), Reliance Inc (RS), Robert Half Inc (RHI), SEI Investments Co (SEIC), Sonoco Products Co (SON), Southern Copper Corp (SCCO), SOUTHSTATE BANK CORP (SSB), Southwest Airlines Co (LUV), Stifel Financial Corp (SF), Teledyne Technologies Inc (TDY), Tesla Inc (TSLA), Thermo Fisher Scientific Inc (TMO), Travel + Leisure Co (TNL), United Rentals Inc (URI), Vertiv Holdings Co (VRT), Viking Therapeutics Inc (VKTX), Westinghouse Air Brake Technol (WAB), Wyndham Hotels & Resorts Inc (WH).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Slide on Weakness in Chipmakers

Pre-market futures are flattish at this hour, but with a downward bias. The Dow is coming off a record closing high Tuesday, and Q3 earnings reports released yesterday afternoon did not quite have the positive sheen we’ve seen elsewhere this far into earnings season. The Dow is currently down -9 points, the S&P 500 is +3, the Nasdaq -38 and the small-cap Russell 2000 is -9 points at this hour.
Fed Governor Michael Barr will make a couple of appearances later today — one week ahead of the next monetary policy decision from the Federal Open Market Committee (FOMC). Thus, we’re also closing in on the “blackout period,” where Fed members keep mum on their opinions about the state of the economy. Nearly 100% of analysts believe another 25 basis-point (bps) rate cut is in the cards for next Wednesday, which would take the Fed funds rate down to 3.75-4.00%.
Q3 Earnings Ahead of the Bell: T, TMO, GEV & More
AT&T T reported Q3 earnings ahead of today’s open, missing on its bottom line by a penny to 54 cents per share. Revenues in the quarter were similarly short, -0.81% from estimates to $30.71 billion. Shares are down -1.6% at this hour on the news; the stock is still up +13% year to date — basically in-line with the S&P 500.
Medical equipment major Thermo Fisher TMO posted beats on both top and bottom lines for its Q3 report this morning, with earnings of $5.79 per share well ahead of the $5.50 in the Zacks consensus. This amounts to a positive earning surprise of +5.27%. Revenues topped expectations by +2% to $11.12 billion in the quarter. Shares are up +2% on the news this morning, but still underperforming the S&P year to date.
A day after GE Aerospace GE strongly outperformed estimates, its energy-oriented spinoff GE Vernova GEV came out with a mixed picture in Q3: earnings of $1.64 per share missed the Zacks consensus $1.78 by -7.87% (though much higher than the 35 cents per share reported a year ago), on revenues of $9.97 billion — +8.62% higher than anticipated. Shares are up another +3.8% on the news, adding to the boffo +78% growth year to date.
Canadian metals company Teck Resources TECK had perhaps the strongest Q3 earnings report of the morning, with earnings of 55 cents per share surpassing the 39 cents projected by +41%, on revenues of $2.46 billion which surged past the Zacks consensus by +14.3%. This is perhaps a less familiar stock to track, but with rare earth negotiations with China remaining a sticking point, Teck may find itself with a higher level of relevancy.
What to Expect from Today’s Stock Market
Big Q3 earnings reports are expected after the closing bell today, including Tesla TSLA, which is expected to fetch negative earnings per share to the tune of -26.4% year over year, but +5% on revenues. Shares have rebounded somewhat from their much-maligned levels in early April, which was right around the time CEO Elon Musk was seeing his White House tenure coming to an end. Shares are +9.6% year to date, but flat ahead of today’s open.
We’ll also get IBM IBM earnings after today’s close, with the international tech giant looking to add to its +28% gains since the start of the year. Earnings are expected to come in +6% higher, with +7.57% on the revenues side for the quarter. Also, Southwest Airlines LUV fights a tough year-over-year comp, staring down -93% earnings growth in the quarter on +1.44% expected in revenues.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>
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Southwest Airlines Co. (LUV) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Teck Resources Ltd (TECK) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Futures Flat at This Hour

Wednesday, October 22, 2025
Pre-market futures are flattish at this hour, but with a downward bias. The Dow is coming off a record closing high Tuesday, and Q3 earnings reports released yesterday afternoon did not quite have the positive sheen we’ve seen elsewhere this far into earnings season. The Dow is currently down -9 points, the S&P 500 is +3, the Nasdaq -38 and the small-cap Russell 2000 is -9 points at this hour.
Fed Governor Michael Barr will make a couple of appearances later today — one week ahead of the next monetary policy decision from the Federal Open Market Committee (FOMC). Thus, we’re also closing in on the “blackout period,” where Fed members keep mum on their opinions about the state of the economy. Nearly 100% of analysts believe another 25 basis-point (bps) rate cut is in the cards for next Wednesday, which would take the Fed funds rate down to 3.75-4.00%.
Q3 Earnings Ahead of the Bell: T, TMO, GEV & More
AT&T T reported Q3 earnings ahead of today’s open, missing on its bottom line by a penny to 54 cents per share. Revenues in the quarter were similarly short, -0.81% from estimates to $30.71 billion. Shares are down -1.6% at this hour on the news; the stock is still up +13% year to date — basically in-line with the S&P 500. For more on T’s earnings, click here.
Medical equipment major Thermo Fisher TMO posted beats on both top and bottom lines for its Q3 report this morning, with earnings of $5.79 per share well ahead of the $5.50 in the Zacks consensus. This amounts to a positive earning surprise of +5.27%. Revenues topped expectations by +2% to $11.12 billion in the quarter. Shares are up +2% on the news this morning, but still underperforming the S&P year to date. For more on TMO’s earnings, click here.
A day after GE Aerospace GE strongly outperformed estimates, its energy-oriented spinoff GE Vernova GEV came out with a mixed picture in Q3: earnings of $1.64 per share missed the Zacks consensus $1.78 by -7.87% (though much higher than the 35 cents per share reported a year ago), on revenues of $9.97 billion — +8.62% higher than anticipated. Shares are up another +3.8% on the news, adding to the boffo +78% growth year to date. For more on GEV’s earnings, click here.
Canadian metals company Teck Resources TECK had perhaps the strongest Q3 earnings report of the morning, with earnings of 55 cents per share surpassing the 39 cents projected by +41%, on revenues of $2.46 billion which surged past the Zacks consensus by +14.3%. This is perhaps a less familiar stock to track, but with rare earth negotiations with China remaining a sticking point, Teck may find itself with a higher level of relevancy. For more on TECK’s earnings, click here.
What to Expect from Today’s Stock Market
Big Q3 earnings reports are expected after the closing bell today, including Tesla TSLA, which is expected to fetch negative earnings per share to the tune of -26.4% year over year, but +5% on revenues. Shares have rebounded somewhat from their much-maligned levels in early April, which was right around the time CEO Elon Musk was seeing his White House tenure coming to an end. Shares are +9.6% year to date, but flat ahead of today’s open.
We’ll also get IBM IBM earnings after today’s close, with the international tech giant looking to add to its +28% gains since the start of the year. Earnings are expected to come in +6% higher, with +7.57% on the revenues side for the quarter. Also, Southwest Airlines LUV fights a tough year-over-year comp, staring down -93% earnings growth in the quarter on +1.44% expected in revenues.
Questions or comments about this article and/or author? Click here>>
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AT&T Inc. (T) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Q3 Earnings Bonanza Pulls a Flat Pre-Market: T, TMO, TSLA, etc.

Shares of Constellation Energy Corporation (CEG) have rallied 79.2% in the past six months compared with the Zacks Alternative Energy – Other industry’s growth of 48%. CEG continues to add clean energy to the grid through its efficient operation of nuclear plants and by extending the lives of existing plants through new licenses.
CEG’s shares have also outperformed the Zacks S&P 500 Composite and the Zacks Oil-Energy sector in the past six months.
Price Performance (Six months)
Image Source: Zacks Investment Research
GE Vernova Inc. (GEV), another company operating in the same industry, has gained 80.7% in the past six months. The company is focused on developing and deploying nuclear technologies, including small modular reactors like the BWRX-300, which is becoming popular and poised for rapid growth.
Constellation Energy is currently trading above its 50 and 200-day simple moving averages (SMAs), signaling a bullish trend.
Both 50 and 200-day SMAs are key indicators for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend of stocks.
CEG 50 & 200 Day SMAs
Image Source: Zacks Investment Research
Should investors add CEG to their portfolio solely based on its recent price gains? Let us take a closer look at the key factors that can help determine whether now is the right time to consider CEG stock as a potential addition to your portfolio.
Drivers Behind Constellation Energy’s Steady Performance
Constellation Energy is capitalizing on the growing demand for clean energy through its diverse portfolio, led by the extensive nuclear fleet. With a strong focus on zero-carbon power generation, the company’s nuclear assets underscore its leadership in reliability and sustainability, achieving an impressive 94.8% capacity factor in second-quarter 2025.
Constellation Energy’s earnings growth is supported by its strategic investments and commitment to expanding the renewable portfolio. The company plans to invest about $3 billion in 2025 and $3.5 billion in 2026, with roughly 35% allocated to nuclear fuel acquisition to ensure reliable, clean power generation.
The company is strengthening its nuclear operations. CEG is broadening renewable assets, enhancing portfolio diversity and positioning itself for sustained growth in a cleaner, more sustainable energy market.
Constellation Energy reinforces its role as a trusted energy partner by combining zero-carbon power with energy efficiency solutions that boost customer loyalty. The company offers behind-the-meter technologies and efficiency upgrades designed to help customers optimize energy use and achieve greater sustainability.
Constellation Energy’s emphasis on Power Purchase Agreements (“PPA”) aligns with its mission to deliver carbon-free energy. The company is expanding its PPA portfolio with major corporations, including 20-year nuclear energy agreements with Meta for the Clinton Clean Energy Center in Illinois and with Microsoft for the restart of the Crane Clean Energy Center, formerly Three Mile Island Unit 1.
Constellation Energy’s Earnings Surprise History
Constellation Energy’s earnings are consistent, visible and easy to calculate. It is expected to increase over time through returns on organic growth, PTC inflation and share repurchases. The company has reported positive earnings surprises in the last four reported quarters.
Image Source: Zacks Investment Research
Another firm, Duke Energy Corporation (DUK), also produces a large volume of clean energy from its nuclear units. Duke Energy’s earnings surpassed estimates in three of the last four quarters and missed in one, resulting in an average surprise of 3.12%.
CEG Stock’s Earnings Estimates
The Zacks Consensus Estimate for CEG’s 2025 and 2026 earnings per share has increased year over year by 8.07% and 25.77%, respectively. Long-term (three to five years) earnings growth of the company is pegged at 16.2%.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Duke Energy’s 2025 and 2026 earnings per share has increased 7.29% and 6.07%, respectively.
CEG Increasing Value of Shareholders
Constellation Energy continues to make share repurchases. It has repurchased shares to raise shareholders’ value. Constellation Energy increased its dividend by 150% in the first two years. It targets dividend growth of 10% annually in future years. Constellation Energy’s quarterly dividend is 38.78 cents per share at present, resulting in an annualized dividend of $1.55.
Since 2023, CEG’s board of directors has authorized the repurchase of up to $3 billion of its outstanding common stock. As of June 30, 2025, there was approximately $540 million of remaining authority to repurchase shares of the company's outstanding common stock. Check CEG’s dividend history here.
CEG Stock Returns Better Than Industry
Constellation Energy’s trailing 12-month return on equity of 21.61% is better than the industry average of 8.01%. Return on equity, a profitability measure, reflects how effectively a company utilizes its shareholders’ funds to generate income.
Image Source: Zacks Investment Research
GE Vernova’s trailing 12-month return on equity is 13.23% which is also better than its industry.
CEG Stock Trades at a Premium
Constellation Energy is currently trading at a premium compared with its industry on a forward 12-month P/E basis.
Image Source: Zacks Investment Research
Summing Up
Constellation Energy is strategically positioned to benefit from the surging demand for clean energy across its service regions. The new PPAs signed by the company will also act as tailwinds. Backed by strong generation capacity, the company is well-prepared to meet this increasing energy need efficiently and reliably.
The existing shareholders stand to benefit from ongoing dividends, share repurchase programs and increasing earnings projections, all of which contribute to the company’s strong financial outlook.
Constellation Energy is currently trading at a premium, so the new investors should wait a little longer before adding this Zacks Rank #3 (Hold) stock to their portfolio.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

CEG Outperforms Its Industry in 6 Months: How to Play the Stock?

Below is Validea's guru fundamental report for GE VERNOVA INC (GEV). Of the 22 guru strategies we follow, GEV rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
GE VERNOVA INC (GEV) is a large-cap growth stock in the Electric Utilities industry. The rating using this strategy is 48% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of GE VERNOVA INC
More Information on Kenneth Fisher
About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink.
Additional Research Links
Dividend Aristocrats 2024
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

GEV Factor-Based Stock Analysis

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GE Vernova Q3 25 Earnings Conference Call At 7:30 AM ET

Tuesday, October 21, 2025
Markets moved through the day roughly flat — actually, more like a reflection in the pond: while the S&P 500 and the Nasdaq were modestly on either side of the zero-balance, the Dow finished the session up +0.47% and the small-cap Russell 2000 was -0.49%. The Russell is still off last week’s highs, even as it outperformed the other major indexes in the past couple trading days.
Bond yields are tacking down slightly — +3.96% on the 10-year and +3.46% on the 2-year — which makes sense when we price in another interest rate cut mid-next week. But it’s really Q3 earnings season that’s driving the bus, with mostly better-than-expected results ahead of today’s opening bell.
Q3 Earnings Roundup After the Bell: NFLX, TXN, MAT
We can’t really say the same for the companies reporting after today’s close; challenges are seeing guidance numbers lower on the bottom end at a couple choice firms with Q3 figures out this afternoon.
Netflix NFLX missed earnings expectations by more than a dollar — $5.87 per share versus the Zacks consensus $6.89, though still above the year-ago $5.40 per share. An unexpected expense related to a dispute with tax authorities in Brazil cut notably into operating margin, leading to the earnings miss. Revenues of $11.51 billion were slightly below the $11.52 billion estimate.
Shares are down -5% on this news, ending its streak of 6-straight quarterly earnings beats. But on the conference call, Netflix may speak on some possible acquisitions, including European Champions League soccer match broadcasts. Less likely, but still possible, is whether Netflix may be in the bidding to acquire Warner Brothers Discovery WBD, which has put itself up for sale earlier today.
Texas Instruments TXN shares are jumping around following its Q3 earnings report after today’s close, but are currently down -7% at this hour. Earnings of $1.48 per share beat the Zacks consensus by a penny, on revenues of $4.74 billion — bettering the $4.65 billion anticipated and +7% quarter over quarter. But a lowering bottom-end of guidance on both earnings and sales next quarter has taken some of the wind out of its sails.
Mattel MAT shares are -5% after being down double digits as an immediate reaction to the Q3 report. Earnings of 89 cents per share missed the $1.05 in the Zacks consensus, on $1.74 billion in quarterly sales which came up short of the $1.81 billion expected. Adjusted gross margins fell year over year, and although the company did not cite tariff realities as the culprit, they would stand to reason. Guidance remained in-line and the company expects a strong holiday season.
What to Expect from the Stock Market Tomorrow
Once again, we will not see any new economic reports on Wednesday, but plenty of earnings releases before and after the bell. AT&T T and GE Vernova GEV report ahead of the open and Tesla TSLA, IBM IBM and Southwest Airlines LUV following the close. As we see in today’s after-market reports, tariff-beholden companies may have a tougher time beating estimates than the early Q3 reports from the biggest Wall Street banks.
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5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
Download Atomic Opportunity: Nuclear Energy's Comeback free today.
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AT&T Inc. (T) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Markets Reflect Flattish - Q3 Earnings from NFLX, TXN, MAT

The following companies are expected to report earnings prior to market open on 10/22/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
Thermo Fisher Scientific Inc (TMO)is reporting for the quarter ending September 30, 2025. The medical instruments company's consensus earnings per share forecast from the 10 analysts that follow the stock is $5.50. This value represents a 4.17% increase compared to the same quarter last year. In the past year TMO has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.68%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for TMO is 24.17 vs. an industry ratio of 7.00, implying that they will have a higher earnings growth than their competitors in the same industry.
AT&T Inc. (T)is reporting for the quarter ending September 30, 2025. The wireless (national) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.55. This value represents a 8.33% decrease compared to the same quarter last year. T missed the consensus earnings per share in the 1st calendar quarter of 2025 by -1.92%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for T is 12.73 vs. an industry ratio of 5.40, implying that they will have a higher earnings growth than their competitors in the same industry.
GE Vernova Inc. (GEV)is reporting for the quarter ending September 30, 2025. The alternative energy company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.78. This value represents a 408.57% increase compared to the same quarter last year. GEV missed the consensus earnings per share in the 4th calendar quarter of 2024 by -25.43%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for GEV is 77.45 vs. an industry ratio of 145.00.
Amphenol Corporation (APH)is reporting for the quarter ending September 30, 2025. The electrical connectors company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.79. This value represents a 58.00% increase compared to the same quarter last year. In the past year APH has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 22.73%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for APH is 42.14 vs. an industry ratio of 42.20.
Boston Scientific Corporation (BSX)is reporting for the quarter ending September 30, 2025. The medical products company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.71. This value represents a 12.70% increase compared to the same quarter last year. In the past year BSX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 4.17%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for BSX is 33.73 vs. an industry ratio of 7.90, implying that they will have a higher earnings growth than their competitors in the same industry.
CME Group Inc. (CME)is reporting for the quarter ending September 30, 2025. The securities exchange company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.63. This value represents a 1.87% decrease compared to the same quarter last year. In the past year CME has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.72%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for CME is 24.22 vs. an industry ratio of 23.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Moody's Corporation (MCO)is reporting for the quarter ending September 30, 2025. The financial services company's consensus earnings per share forecast from the 8 analysts that follow the stock is $3.70. This value represents a 15.26% increase compared to the same quarter last year. In the past year MCO has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 3.49%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for MCO is 33.67 vs. an industry ratio of 18.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Vertiv Holdings, LLC (VRT)is reporting for the quarter ending September 30, 2025. The information technology services company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.00. This value represents a 31.58% increase compared to the same quarter last year. In the past year VRT has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 14.46%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for VRT is 45.76 vs. an industry ratio of 15.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Hilton Worldwide Holdings Inc. (HLT)is reporting for the quarter ending September 30, 2025. The hotel company's consensus earnings per share forecast from the 6 analysts that follow the stock is $2.04. This value represents a 6.25% increase compared to the same quarter last year. In the past year HLT has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 7.84%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for HLT is 32.84 vs. an industry ratio of 21.10, implying that they will have a higher earnings growth than their competitors in the same industry.
Westinghouse Air Brake Technologies Corporation (WAB)is reporting for the quarter ending September 30, 2025. The transportation company's consensus earnings per share forecast from the 4 analysts that follow the stock is $2.27. This value represents a 13.50% increase compared to the same quarter last year. WAB missed the consensus earnings per share in the 4th calendar quarter of 2024 by -2.89%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for WAB is 22.04 vs. an industry ratio of 15.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Teledyne Technologies Incorporated (TDY)is reporting for the quarter ending September 30, 2025. The aerospace and defense company's consensus earnings per share forecast from the 5 analysts that follow the stock is $5.50. This value represents a 7.84% increase compared to the same quarter last year. In the past year TDY has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 3.59%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for TDY is 26.62 vs. an industry ratio of 56.90.
Northern Trust Corporation (NTRS)is reporting for the quarter ending September 30, 2025. The bank company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.26. This value represents a 15.31% increase compared to the same quarter last year. In the past year NTRS has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 2.4%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for NTRS is 14.93 vs. an industry ratio of 12.40, implying that they will have a higher earnings growth than their competitors in the same industry.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Earnings Report for October 22, 2025 : TMO, T, GEV, APH, BSX, CME, MCO, VRT, HLT, WAB, TDY, NTRS

GE Aerospace GE reported third-quarter 2025 results, wherein both revenues and earnings surpassed the Zacks Consensus Estimate.
It is worth noting that in April 2024, GE Aerospace emerged as a separate public company, following the spin-off of GE Vernova Inc. GEV from General Electric.
Inside GE’s Headlines
The company’s third-quarter adjusted earnings were $1.66 per share, which beat the Zacks Consensus Estimate of $1.46. The bottom line surged 44% year over year.
Total revenues were $12.2 billion, indicating a year-over-year increase of 24%. Total orders grew 2% on a year-over-year basis to $12.8 billion.
Adjusted revenues were $11.3 billion, marking a year-over-year increase of 26%. The metric beat the consensus estimate of $10.3 billion.
GE Aerospace Price, Consensus and EPS Surprise
GE’s Segmental Discussion
Revenues from the company’s Commercial Engines & Services business jumped 27% year over year to $8.88 billion. The Zacks Consensus Estimate for the business’ revenues was pegged at $8.25 billion. The results were driven by higher shop visit work scope, increased revenues from spare parts and equipment and favorable pricing. Total orders in the segment rose 5% year over year to $10.3 billion.
The Defense & Propulsion Technologies segment’s revenues totaled $2.83 billion, up 26% year over year. The Zacks Consensus Estimate for the segment’s revenues was pegged at $2.52 billion. Results benefited from the strong momentum in the Defense & Systems and Propulsion & Additive Technologies businesses. Total orders in the segment decreased 5% year over year to $2.9 billion owing to timing issues across quarters.
GE’s Margin Profile
GE Aerospace’s cost of sales (comprising costs of equipment and services sold) surged 24.7% year over year at $7.76 billion. Selling, general and administrative expenses decreased 10.2% year over year to $1.2 billion. Research and development expenses totaled $415 million, reflecting a year-over-year rise of 25.4%.
GE Aerospace’s operating profit (non-GAAP) was $2.3 billion, up 26.5% year over year. The margin was 20.3%, relatively stable year over year.
GE Aerospace’s Balance Sheet & Cash Flow
Exiting the third quarter of 2025, GE Aerospace had cash, cash equivalents and restricted cash of $12.5 billion compared with $13.6 billion at the end of December 2024. The company’s long-term borrowings were $18.8 billion compared with $17.2 billion at the end of December 2024.
In the third quarter, the adjusted free cash flow was $2.36 billion compared with $1.82 billion in the year-ago quarter.
In the same quarter, GE rewarded its shareholders with a dividend payment of $0.4 billion. The company repurchased shares for approximately $1.8 billion during the same period.
GE’s Outlook
For 2025, GE expects adjusted revenues to grow in the high-teens range from the year-ago period's actual. Operating profit is estimated to be in the band of $8.65-$8.85 billion. Adjusted earnings are predicted to be in the range of $6.00-$6.20 per share. The free cash flow is anticipated to be in the band of $7.1-$7.3 billion, with the conversion rate projected to be more than 100%.
GE Aerospace expects the Commercial Engines & Services segment’s revenues to grow in the low twenties range, whereas operating profit is anticipated to be in the band of $8.45-$8.65 billion. For the Defense & Propulsion Technologies segment, revenues are projected to increase in the high-single-digit range, whereas operating profit is anticipated to be in the band of $1.2-$1.3 billion.
Zacks Rank and Stocks to Consider
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
A couple of better-ranked stocks from the same space are discussed below:
General Dynamics Corporation GD presently carries a Zacks Rank #2 (Buy). General Dynamics’s earnings surpassed the consensus estimate thrice and missed once in the trailing four quarters. The average earnings surprise was 1.2%. In the past 60 days, the Zacks Consensus Estimate for General Dynamics’ 2025 earnings has inched up 0.2%.
Textron Inc. TXT currently carries a Zacks Rank of 2. Textron’s earnings topped the consensus estimate thrice and missed once in the trailing four quarters. The average earnings surprise was 4.9%. In the past 60 days, the Zacks Consensus Estimate for Textron’s 2025 earnings has risen 0.3%.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
Download Atomic Opportunity: Nuclear Energy's Comeback free today.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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