General Electric Company (GE)

General Electric Company Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for GE stock have an average target of 196.84, with a low estimate of 160 and a high estimate of 235. The average target predicts an increase of 16.46% from the current stock price of 169.02.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$160	$196.84	$200	$235
Change	-5.34%	+16.46%	+18.33%	+39.04%

Analyst Ratings

The average analyst rating for GE stock from 20 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	12	12	12	12	12	12
Buy	7	7	7	7	7	7
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Akers Wells Fargo	Wells Fargo	Buy Maintains $210 → $225	Buy	Maintains	$210 → $225	+33.12%	Dec 11, 2024
Ken Herbert RBC Capital	RBC Capital	Buy Maintains $210 → $200	Buy	Maintains	$210 → $200	+18.33%	Oct 23, 2024
Ronald Epstein B of A Securities	B of A Securities	Strong Buy Maintains $180 → $200	Strong Buy	Maintains	$180 → $200	+18.33%	Oct 23, 2024
Gavin Parsons UBS	UBS	Strong Buy Maintains $223 → $230	Strong Buy	Maintains	$223 → $230	+36.08%	Oct 23, 2024
Matthew Akers Wells Fargo	Wells Fargo	Buy Maintains $205 → $210	Buy	Maintains	$205 → $210	+24.25%	Oct 23, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

36.01B

Decreased by -47.02%

from 67.95B

Revenue Next Year

40.36B

Increased by 12.08%

from 36.01B

EPS This Year

4.46

Decreased by -46.69%

from 8.36

EPS Next Year

5.41

Increased by 21.45%

from 4.46

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	90.22B	75.83B	56.47B	58.10B	67.95B	36.01B	40.36B	44.84B
Revenue Growth	-7.00%	-15.95%	-25.54%	2.89%	16.96%	-47.02%	12.08%	11.11%
EPS	-4.99	4.63	-6.00	0.05	8.36	4.46	5.41	6.48
EPS Growth	-	-	-	-	16,861.04%	-46.69%	21.45%	19.74%
Forward PE	-	-	-	-	-	37.94	31.24	26.09
No. Analysts	-	-	-	-	-	21	22	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	39.1B	42.2B	47.4B
Avg	36.0B	40.4B	44.8B
Low	33.7B	37.6B	40.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	-42.4%	17.2%	17.5%
Avg	-47.0%	12.1%	11.1%
Low	-50.4%	4.4%	1.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.65	5.88	6.95
Avg	4.46	5.41	6.48
Low	4.12	4.86	5.64

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-44.3%	32.0%	28.5%
Avg	-46.7%	21.4%	19.7%
Low	-50.7%	9.1%	4.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.