GE Vernova Stock Fell 11% in a Day. Here's What I Think It Could Be Worth by 2030.

GE Vernova shares fell 11% on October 22, 2026, and are now trading 30% below their June peak at around $825. Despite the decline, the company's backlog has grown to $176 billion with strong demand for gas turbines. An analyst projects the stock could reach approximately $1,100 by late 2030 based on management's targets, representing about 7% annual returns. However, the analyst suggests waiting for a price around $740 to achieve a more attractive 10% annual return.