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GE Vernova Inc. (NYSE:GEV) is one of the best uranium stocks to buy according to Wall Street analysts. On April 27, Argus analyst John Eade raised his price target on GE Vernova Inc. (NYSE:GEV) from $800 to $1,300, while maintaining a Buy rating on the stock.

The upgrade came just days after GE Vernova reported a blowout performance in its Q1 2026 results on April 22. Quarterly revenue came in at $9.34 billion, up 16% compared to the same quarter last year. Analysts had expected around $9.29-9.30 billion, so this was a narrow 0.47% beat above consensus. The company also reported $17.44 in diluted EPS for the quarter, which management explained includes a $4.5 billion one-time pre-tax gain from the Prolec GE acquisition. Adjusted EPS, which strips out this one-time gain, was $1.98 and outperformed the $1.84-$1.95 consensus estimate. Management also raised its full-year 2026 revenue forecast to $44.5-$45.5 billion, up from earlier guidance of $44-$45 billion, and lifted its adjusted EBITDA margin outlook to 12%-14% from 11%-13%.

Argus noted that the robust results came on the back of surging demand for electrification, which is being driven by the rapid growth of AI and data centers. The firm’s analysis shows that GE Vernova is well-positioned to capitalize on this trend because it operates across the full electricity value chain through three business segments.

GE Vernova Inc. (NYSE:GEV) is a global energy transition company that, through its subsidiary Global Nuclear Fuel, manufactures and supplies processed uranium fuel bundles and engineers advanced accident-tolerant nuclear fuels with higher Uranium-235 enrichment. Beyond fuel fabrication, it develops and deploys advanced nuclear reactors, including the flagship BWRX-300 Small Modular Reactor (SMR), to generate clean utility-scale electricity worldwide.

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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