GE HealthCare Technologies Inc. (GEHC)

NASDAQ: GEHC · Real-Time Price · USD
84.90
+2.38 (2.88%)
At close: Nov 20, 2024, 4:00 PM
85.25
+0.35 (0.41%)
After-hours: Nov 20, 2024, 7:44 PM EST
2.88%
Market Cap 38.79B
Revenue (ttm) 19.56B
Net Income (ttm) 1.68B
Shares Out 456.87M
EPS (ttm) 3.65
PE Ratio 23.26
Forward PE 18.72
Dividend $0.12 (0.14%)
Ex-Dividend Date Oct 18, 2024
Volume 5,155,646
Open 82.50
Previous Close 82.52
Day's Range 82.41 - 85.29
52-Week Range 66.39 - 94.55
Beta n/a
Analysts Buy
Price Target 94.36 (+11.14%)
Earnings Date Oct 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 14 analysts, the average rating for GEHC stock is "Buy." The 12-month stock price forecast is $94.36, which is an increase of 11.14% from the latest price.

Price Target
$94.36
(11.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Pilot Study Showcases the Value of Portrait Mobile Continuous Monitoring Solution to Encourage Clinical Intervention While Mitigating Alarm Fatigue

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced the publication of data from a two-phase pilot study conducted with Cleveland Clinic in the peer-reviewed Journal of Clinical Ane...

2 days ago - Business Wire

GE HealthCare Receives FDA Clearance for Head-Only SIGNA MAGNUS 3.0T MRI System

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) has received FDA 510(k) clearance for its innovative SIGNA™ MAGNUS,i a 3.0T high-performance, head-only magnetic resonance imaging (MRI) scanner....

7 days ago - Business Wire

GE HealthCare Announces Initiative to Help Address Radiologic Technologist Shortage

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced an initiative with AMN Healthcare aimed at helping address the critical shortage of radiologic technologists (rad tech) in the he...

8 days ago - Business Wire

GE HealthCare and RadNet Forge Collaboration to Transform Imaging Systems and Accelerate the Adoption of Artificial Intelligence (AI) with SmartTechnology™

CHICAGO--(BUSINESS WIRE)--Today, GE HealthCare (Nasdaq: GEHC) and DeepHealth, Inc., a global leader in AI-powered health informatics and a wholly-owned subsidiary of RadNet, Inc. (Nasdaq: RDNT), annou...

Other symbols: RDNT
10 days ago - Business Wire

GE HealthCare Technologies Inc. Prices Secondary Offering of 13,281,302 Shares

CHICAGO--(BUSINESS WIRE)--GE HealthCare Technologies Inc. (Nasdaq: GEHC) (the “Company” or “GE HealthCare”) announced today the pricing of the previously announced secondary underwritten public offeri...

13 days ago - Business Wire

GE HealthCare Technologies Inc. Commences Secondary Offering of 13,281,302 Shares

CHICAGO--(BUSINESS WIRE)--GE HealthCare Technologies Inc. (Nasdaq: GEHC) (the “Company” or “GE HealthCare”) announced today the launch of a secondary underwritten public offering (the “Offering”) of 1...

13 days ago - Business Wire

GE HealthCare to Host its 2024 Investor Day on November 21

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) will host its Investor Day on Thursday, November 21, 2024, at Nasdaq MarketSite in New York, NY, where its management team will present its growt...

13 days ago - Business Wire

GE HealthCare: Light Up With Growth Indicators In Medical Tech, While Undervalued

GE Healthcare Technologies gets a buy rating, agreeing with today's Wall Street and SA analyst consensus. The firm's recent Q3 results showed growth indicators in multiple segments, despite headwinds ...

15 days ago - Seeking Alpha

Calls of the Day: KLA Corp, Lam Research, ASML Holding, Target and GE Healthcare

The Investment Committee debate the latest Calls Of The Day.

Other symbols: ASMLKLACLRCXTGT
20 days ago - CNBC Television

From Spin-Off To Standout: GE HealthCare Is Pretty Impressive

GE HealthCare's spin-off has unlocked valuation potential, allowing each former GE segment to thrive independently and attract market-specific growth. The company's Q3 showed steady revenue and margin...

21 days ago - Seeking Alpha

GE HealthCare Technologies Inc. (GEHC) Q3 2024 Earnings Call Transcript

GE HealthCare Technologies Inc. (NASDAQ:GEHC) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Carolynne Borders - Chief Investor Relations Officer Peter Arduini - Pr...

21 days ago - Seeking Alpha

GE HealthCare's Profit Beats Estimates While China Sales Struggle

GE HealthCare (GEHC) reported better profits than expected for the third quarter as its sales were roughly in line with estimates.

21 days ago - Investopedia

GE HealthCare beats Q3 profit estimates on U.S. demand for medical devices

GE HealthCare Technologies beat estimates for quarterly profit on Wednesday as strong demand for its medical devices in the U.S. offset slowing sales in China due to disruptions in the country's healt...

21 days ago - Reuters

GE HealthCare reports third quarter 2024 financial results

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today reported financial results for the third quarter ended September 30, 2024. GE HealthCare President and CEO Peter Arduini said, “In the thir...

22 days ago - Business Wire

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

GE HealthCare (GEHC) is set to report earnings Wednesday morning, with analysts projecting revenue and profits to rise from the same time last year.

27 days ago - Investopedia

GE Vernova Vs. GE Healthcare: Betting On Power Or Medical Tech To Lead AI-Powered Future?

Two of GE's high-profile spin-offs, GE Vernova Inc GEV and GE Healthcare Technologies Inc GEHC, are preparing to report their third-quarter earnings, but one seems better positioned for the AI-powered...

Other symbols: GEV
4 weeks ago - Benzinga

GE HealthCare announces time-saving AI tool for doctors who treat cancer

GE HealthCare announced a new artificial intelligence application it said will save time for doctors who diagnose and treat cancer. The tool, called CareIntellect for Oncology, can quickly summarize p...

4 weeks ago - CNBC

GE HealthCare announces CareIntellect for Oncology, harnessing AI to give clinicians an easy way to see the patient journey in a single view

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced CareIntellect for Oncology, a new cloud-first application that brings together multi-modal patient data from disparate systems in...

4 weeks ago - Business Wire

GE HealthCare Announces AI Innovation Lab Showcasing Five New Research Projects

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced a new AI Innovation Lab, an initiative designed to accelerate early-concept AI innovations within the company. These projects are...

4 weeks ago - Business Wire

GE HealthCare, the GE HealthCare Foundation, and the Charles Antetokounmpo Family Foundation commit $1M to improve Milwaukee health outcomes

MILWAUKEE--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), the GE HealthCare Foundation, and the Charles Antetokounmpo Family Foundation (CAFF), teamed up to launch a new philanthropic endeavor, Poweri...

4 weeks ago - Business Wire

GE HealthCare announces major academic medical center as first customer to adopt new Hospital Pulse Tile for Command Center

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced a new tile for its Command Center Software: Hospital Pulse. Hospital Pulse Tile pulls in real-time information from across depart...

4 weeks ago - Business Wire

A New Theranostics Center of Excellence in Europe: GE HealthCare and University Medicine Essen Collaborate to Advance Theranostics and Personalized Medicine

CHICAGO--(BUSINESS WIRE)--With the aim of increasing access to precision care, GE HealthCare is proud to collaborate with University Medicine Essen (UME) in the establishment of a new Theranostics Cen...

5 weeks ago - Business Wire

GE HealthCare introduces easy-to-use, easy-to-learn, easy-to-diagnose Versana Premier multi-purpose ultrasound system

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced the launch of the new Versana Premier™, the latest release within the Versana ultrasound family of reliable, affordable, easy-to-...

5 weeks ago - Business Wire

GE HealthCare Accelerates Artificial Intelligence Adoption With New Offering to Advance Enterprise Imaging

CHICAGO--(BUSINESS WIRE)--GE HealthCare integrates third party artificial intelligence (AI)-enabled application orchestration feature into True PACS and Centricity PACS. 1 In collaboration with Blackf...

6 weeks ago - Business Wire

GE HealthCare to announce third quarter 2024 results on October 30, 2024

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) will announce its third quarter 2024 financial results before the market opens on Wednesday, October 30, 2024. The GE HealthCare management team ...

6 weeks ago - Business Wire