GE HealthCare Technologies Inc. (GEHC)

NASDAQ: GEHC · IEX Real-Time Price · USD
81.91
+1.39 (1.73%)
At close: May 15, 2024, 4:00 PM
81.88
-0.03 (-0.04%)
After-hours: May 15, 2024, 6:37 PM EDT
1.73%
Market Cap 37.39B
Revenue (ttm) 19.50B
Net Income (ttm) 1.57B
Shares Out 456.47M
EPS (ttm) 3.43
PE Ratio 23.88
Forward PE 18.07
Dividend $0.12 (0.15%)
Ex-Dividend Date Apr 18, 2024
Volume 1,827,588
Open 81.19
Previous Close 80.52
Day's Range 80.14 - 82.24
52-Week Range 62.35 - 94.50
Beta n/a
Analysts Buy
Price Target 94.80 (+15.74%)
Earnings Date Apr 30, 2024

About GEHC

GE HealthCare Technologies Inc. engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally. The company operates through four segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. The Imaging segment offers molecular imaging, computed tomography (CT) scanning, magnetic resonance (MR) imaging, image-guided therapy, X-ray systems, and women's health p... [Read more]

Sector Healthcare
Founded 1892
Employees 51,000
Stock Exchange NASDAQ
Ticker Symbol GEHC
Full Company Profile

Financial Performance

In 2023, GEHC's revenue was $19.55 billion, an increase of 6.60% compared to the previous year's $18.34 billion. Earnings were $1.39 billion, a decrease of -27.71%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for GEHC stock is "Buy." The 12-month stock price forecast is $94.8, which is an increase of 15.74% from the latest price.

Price Target
$94.8
(15.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GE HealthCare and Medis Medical Imaging Announce Collaboration Focused on Non-Invasive Coronary Assessments to Help Advance Precision Care in Treatment of Coronary Artery Disease

CHICAGO--(BUSINESS WIRE)--Today, GE HealthCare (Nasdaq: GEHC), a leading global medical technology, pharmaceutical diagnostics and digital solutions innovator, and Medis Medical Imaging, a leading car...

1 day ago - Business Wire

GE HealthCare to Hold an Investor Day in New York City on November 21, 2024

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leader in precision care innovation, will host an investor day on Thursday, November 21, 2024, in New York, NY. GE HealthCare's management tea...

9 days ago - Business Wire

Pushing the Boundaries of Neuroscience with GE HealthCare's SIGNA MAGNUS

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today unveiled SIGNA MAGNUS, an FDA 510(k) pending head-only magnetic resonance (MR) scanner designed to explore advancements in neuroscience, wh...

10 days ago - Business Wire

GE HealthCare Management to Present at Upcoming Investor Conferences

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), is announcing that its Vice President and Chief Financial Officer, Jay Saccaro will be presenting at the following upcoming investor conferences...

13 days ago - Business Wire

GE HealthCare Launches New Era of AI-Enhanced, Personalized Oncology Solutions at ESTRO 2024 Congress

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced Revolution RT,i a new radiation therapy computed tomography (CT) solution with innovative hardware and software solutions to help...

14 days ago - Business Wire

GE HealthCare Stock Can't Catch Its GE Kin. The Reason?

GE HealthCare shares fell 16% in April while shares of GE Aerospace and GE Vernova rose 15% and 12%, respectively. Why aren't all the GE-logoed shares rising?

15 days ago - Barrons

S&P 500 Gains and Losses Today: GE HealthCare Stock Plunges After Earnings Miss

Major U.S. equities indexes tumbled after a report from the Bureau of Labor Statistics showed a higher-than-expected jump in employee compensation during the first quarter of 2024. The accelerated wag...

15 days ago - Investopedia

GE HealthCare Stock Tumbles After Earnings Miss

GE HealthCare (GEHC) shares tumbled over 9% in early trading Tuesday after the medical device manufacturer reported weaker-than-expected results for the first quarter as sales in its Imaging, Ultrasou...

15 days ago - Investopedia

GE HealthCare misses quarterly revenue estimates on weakness in China market

GE HealthCare Technologies missed first-quarter revenue estimates on Tuesday, hurt by lower sales in China market and weaker-than-expected demand for its scanning devices, sending its shares tumbling ...

15 days ago - Reuters

GE HealthCare Technologies' stock falls after it misses profit estimate

GE HealthCare Technologies Inc.'s stock GEHC, +3.13% fell 7.8% in premarket trades Tuesday after the company fell short of analyst estimates for revenue and adjusted income. GE Healthcare said its fir...

15 days ago - Market Watch

GE HealthCare Reports First Quarter 2024 Financial Results

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global precision care innovator, today reported financial results for the first quarter ended March 31, 2024. GE HealthCare President ...

15 days ago - Business Wire

GE Created $200 Billion in Stock-Market Value by Breaking Into Pieces

Wall Street has hiked the average price target for GE Aerospace stock in the latest stage of upbeat news for longtime investors.

Other symbols: GEGEV
16 days ago - Barrons

GE HealthCare Receives FDA Clearance for Portrait VSM, Building on Its Growing Ecosystem of Connected Patient Monitoring Solutions

CHICAGO--(BUSINESS WIRE)--GE HealthCare Receives FDA Clearance for Portrait VSM, Building on Its Growing Ecosystem of Connected Patient Monitoring Solutions.

16 days ago - Business Wire

What You Need To Know Ahead of GE HealthCare's Earnings Report Tuesday

GE HealthCare Technologies (GEHC) reports first-quarter earnings Tuesday ahead of market open, days after fellow former General Electric units GE Aerospace (GE) and GE Vernova (GEV) reported earnings ...

19 days ago - Investopedia

GE HealthCare's MIM Software collaborates with Elekta to help enhance radiation therapy treatments and improve patient outcomes

CHICAGO--(BUSINESS WIRE)--Weeks after closing its acquisition of MIM Software – a global provider of medical imaging analysis and artificial intelligence (AI) solutions – GE HealthCare is proud to ann...

23 days ago - Business Wire

GE HealthCare Introduces AI-Enhanced Voluson Signature 20 and 18 Ultrasound Systems to Advance Women's Health Imaging

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced the launch of the Voluson Signature 20 and 18 ultrasound systems, which comprehensively integrate artificial intelligence (AI), a...

27 days ago - Business Wire

RSNA and GE HealthCare Bring Advanced Mammography Technology to Tanzania to Improve Access and Help Address Breast Cancer Mortality Rate

CHICAGO--(BUSINESS WIRE)--Today the Radiological Society of North America (RSNA) and GE HealthCare (Nasdaq: GEHC) announced their collaboration to provide mammography technology, training and educatio...

4 weeks ago - Business Wire

GE HealthCare to feature Mobile Mammography Screening Truck along with Latest AI Platform as part of SBI2024 Breast Cancer Imaging Showcase

MONTREAL--(BUSINESS WIRE)--Showcase to feature key technologies, solutions that demonstrate the company's personalized approach to transforming breast cancer imaging.

Other symbols: CEM
4 weeks ago - Business Wire

GE HealthCare to Announce First Quarter 2024 Results on April 30, 2024

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leader in precision care innovation, will announce its first quarter 2024 financial results before the market opens on Tuesday, April 30, 2024...

5 weeks ago - Business Wire

GE HealthCare Introduces Caption AI on Vscan Air SL Wireless Handheld Ultrasound System to Help More Clinicians Capture Diagnostic-Quality Cardiac Images

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced the launch of Caption AI artificial intelligence (AI)-driven software for rapid cardiac assessments at the point of care on Vscan...

6 weeks ago - Business Wire

GE Completes Its Split Into 3 Public Companies as GE Vernova Makes Its Trading Debut

General Electric completed its long-awaited split into three separately traded companies Tuesday, with the company's energy division GE Vernova making its trading debut under the "GEV" ticker.

Other symbols: GEGEV
6 weeks ago - Investopedia

GE HealthCare closes MIM Software acquisition, bolstering its portfolio and advancing its precision care strategy

CHICAGO--(BUSINESS WIRE)--Less than three months after signing an agreement to acquire MIM Software Inc. (“MIM Software”), GE HealthCare Technologies Inc. (“GE HealthCare” or the “Company") (Nasdaq: G...

6 weeks ago - Business Wire

GE HealthCare Unveils AI-Enabled Urology Software Feature Prostate Volume Assist

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced the launch of Prostate Volume Assist (PVA) urology-based artificial intelligence (AI) software feature. As a global leader in ult...

7 weeks ago - Business Wire

Wipro GE Healthcare to invest $960 mln in R&D, manufacturing in India

Wipro GE Healthcare, a joint venture of India's Wipro Enterprises and a wholly owned entity of U.S.-based GE Healthcare , said it would invest 80 billion rupees ($960 million) in the country in its ma...

Other symbols: WIT
7 weeks ago - Reuters

GE HealthCare Announces the FDA Clearance of nCommand Lite by IONIC Health

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) announces the U.S. FDA 510(k) Clearance of IONIC Health's nCommand Lite technology. The vendor-agnostic, multi-modality nCommand Lite system will...

7 weeks ago - Business Wire