General Electric Company (GE)
NYSE: GE · Real-Time Price · USD
181.15
+2.45 (1.37%)
At close: Nov 22, 2024, 4:00 PM
181.37
+0.22 (0.12%)
After-hours: Nov 22, 2024, 7:41 PM EST
General Electric Company Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for GE stock have an average target of 196.05, with a low estimate of 160 and a high estimate of 235. The average target predicts an increase of 8.23% from the current stock price of 181.15.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 23, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $210 → $200 | Buy | Maintains | $210 → $200 | +10.41% | Oct 23, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $180 → $200 | Strong Buy | Maintains | $180 → $200 | +10.41% | Oct 23, 2024 |
| UBS | UBS | Strong Buy Maintains $223 → $230 | Strong Buy | Maintains | $223 → $230 | +26.97% | Oct 23, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $205 → $210 | Buy | Maintains | $205 → $210 | +15.93% | Oct 23, 2024 |
| Bernstein | Bernstein | Buy Maintains $201 → $225 | Buy | Maintains | $201 → $225 | +24.21% | Oct 14, 2024 |
Financial Forecast
Revenue This Year
36.02B
from 67.95B
Decreased by -46.99%
Revenue Next Year
40.41B
from 36.02B
Increased by 12.18%
EPS This Year
4.46
from 8.36
Decreased by -46.69%
EPS Next Year
5.40
from 4.46
Increased by 21.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.1B | 42.2B | 47.4B | ||
| Avg | 36.0B | 40.4B | 44.9B | ||
| Low | 33.7B | 37.6B | 40.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -42.4% | 17.2% | 17.4% | ||
| Avg | -47.0% | 12.2% | 11.1% | ||
| Low | -50.4% | 4.4% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.65 | 5.88 | 6.95 | ||
| Avg | 4.46 | 5.40 | 6.48 | ||
| Low | 4.12 | 4.86 | 5.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -44.3% | 32.0% | 28.7% | ||
| Avg | -46.7% | 21.3% | 19.9% | ||
| Low | -50.7% | 9.1% | 4.3% |
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.