GE HealthCare Technologies Inc. (GEHC)

NASDAQ: GEHC · IEX Real-Time Price · USD
82.03
-0.11 (-0.13%)
At close: Mar 31, 2023, 4:00 PM
81.80
-0.23 (-0.28%)
After-hours: Mar 31, 2023, 7:56 PM EDT
-0.13%
Market Cap 37.24B
Revenue (ttm) 18.34B
Net Income (ttm) 1.92B
Shares Out 453.93M
EPS (ttm) 4.26
PE Ratio 19.26
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,916,325
Open 82.25
Previous Close 82.14
Day's Range 81.58 - 82.59
52-Week Range 53.00 - 82.59
Beta n/a
Analysts Buy
Price Target 91.80 (+11.91%)
Earnings Date May 1, 2023

About GEHC

GE HealthCare Technologies Inc. provides medical technology, pharmaceutical diagnostics, and digital solutions in the United States. The company is based in Chicago, Illinois. [Read more]

Sector Healthcare
Founded 1870
Employees 51,000
Stock Exchange NASDAQ
Ticker Symbol GEHC
Full Company Profile

Financial Performance

In 2022, GEHC's revenue was $18.34 billion, an increase of 4.30% compared to the previous year's $17.59 billion. Earnings were $1.92 billion, a decrease of -14.73%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for GEHC stock is "Buy." The 12-month stock price forecast is $91.8, which is an increase of 11.91% from the latest price.

Price Target
$91.8
(11.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GE HealthCare is a great stock with a long tailwind, says Hightower's Stephanie Link

Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, joins 'Closing Bell' to discuss what the market is looking through as the banking stocks have been hit followin...

1 week ago - CNBC Television

4 AI Stocks That Are Revolutionizing Healthcare

Healthcare AI stocks are on the rise with the introduction of AI-based solutions. These solutions allow companies to improve operations and cut costs using artificial intelligence.

Other symbols: MDTMSFTNVDA
3 weeks ago - InvestorPlace

Advantus Health Partners and GE HealthCare Announce Multi-Year Agreement to Expand Access to Healthcare Technology Management Services

CINCINNATI & CHICAGO--(BUSINESS WIRE)--Advantus Health Partners, a health care solutions company delivering more effective, efficient supply chain models to health care organizations, and GE HealthCar...

1 month ago - Business Wire

GE HealthCare Announces Completion of Phase I Subject Recruitment in Early Clinical Development Program for a First-of-its-Kind Macrocyclic Manganese-Based MRI Contrast Agent

CHALFONT ST GILES, England--(BUSINESS WIRE)--Phase I Completion for Early Clinical Development Program for First-of-its-Kind Macrocyclic Manganese-Based MRI Contrast Agent

1 month ago - Business Wire

GE HealthCare Makes Push Into Artificial Intelligence

The company is developing a software platform that helps hospitals guide care.

1 month ago - WSJ

GE HealthCare Leaders to Present at March Investor Conferences

CHICAGO--(BUSINESS WIRE)--GE HealthCare President and CEO Peter Arduini, along with Vice President and CFO Helmut Zodl, will be presenting at two March investor conferences.

1 month ago - Business Wire

GE HealthCare to Acquire Caption Health, Expanding Ultrasound to Support New Users Through FDA-Cleared, AI-Powered Image Guidance

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global precision care innovator, announced that it has signed an agreement to acquire Caption Health, Inc., a privately owned artifici...

1 month ago - Business Wire

GE Healthcare Technology: Speculating On Dividends

General Electric (NYSE: GE) completed the spinoff of GE Healthcare Technologies, Inc (NASDAQ: GEHC) in December 2022, and the first earrings report is in. The news affirms the company's decision to sp...

2 months ago - MarketBeat

GE HealthCare delivers strong revenue growth in first earnings report after spinoff

Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman break down quarterly earnings for GE HealthCare.

2 months ago - Yahoo Finance

GE HealthCare's First Solo Earnings Were Strong

The company was spun out of General Electric on Jan 3. It posted fourth-quarter earnings per share of $1.31 and sales of just more than $4.9 billion.

2 months ago - Barrons

GE HealthCare's First Solo Earnings Are Strong. It's Bullish on the Future.

The company was spun out of General Electric on Jan 3. It posted fourth-quarter earnings per share of $1.31 and operating income of $844 million from sales of just more than $4.9 billion.

2 months ago - Barrons

GE HealthCare reports first results after GE spinoff, with revenue rising 8% but profit slipping

Shares of GE HealthCare GEHC, slipped 0.1% in premarket trading Monday, after the medical technology and pharmaceutical diagnostics company reported its first results as a public company, with fourth-...

2 months ago - Market Watch

GE HealthCare Reports Fourth Quarter and Full Year 2022 Financial Results

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global precision care innovator, today reported financial results for the fourth quarter and full year ended December 31, 2022.

2 months ago - Business Wire

Sound Technologies and GE HealthCare Announce Collaboration to Bring Vscan Air Handheld Ultrasound to Veterinary Practices Across the United States

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) and Sound Technologies, the global veterinary imaging leader, today announced an agreement to distribute the Vscan Air™, a cutting-edge, wirele...

2 months ago - Business Wire

Final Trades: Abbott Labs, GE Healthcare, Viper Energy and more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: ABTVNOMQCOM
2 months ago - CNBC Television

GE HealthCare and Windsor Regional Hospital Enter Long-Term Innovative Technology Agreement

Cost-saving multi-year agreement to provide innovative technology, help improve patient outcomes, and enhance staff wellbeing Cost-saving multi-year agreement to provide innovative technology, help im...

2 months ago - GlobeNewsWire

The 5 Best Cloud Computing Stocks to Buy for 2023

Last year was terrible for some of the best cloud computing stocks, and for the Cloud Czars whose cash flow built it. Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOGL , GOOG)...

Other symbols: AMZNEQIXPANWPTC
2 months ago - InvestorPlace

GE HealthCare to Announce Fourth Quarter and Full Year 2022 Results on January 30, 2023

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leader in precision care innovation, will announce its fourth quarter and full year 2022 financial results before the market opens on Monday...

2 months ago - Business Wire

GE HealthCare is ‘a company of many firsts' looking towards precision diagnostic improvements: CTO

GE HealthCare CTO Taha Kass-Hout sits down with Yahoo Finance Live anchors Anjalee Khemlani and Dave Briggs to talk about the company's goals for providing precision care to customers, as well as how ...

2 months ago - Yahoo Finance

GE Healthcare sees Q4 revenue of about $4.9 billion

Ge Healthcare Technologies Inc. GEHC, -1.44% , the unit recently spun out of General Electric Co. GE, +1.01% , said Tuesday it expects fourth-quarter revenue to come to about $4.9 billion and for full...

Other symbols: GE
2 months ago - Market Watch

GE HealthCare Announces Preliminary Fourth Quarter and Full Year 2022 Revenue Results; Introduces 2023 Outlook

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leader in precision care innovation, today announced preliminary unaudited revenue results for the fourth quarter and full year 2022. The Co...

2 months ago - Business Wire

GE HealthCare, in first deal after spinoff, set to buy French company

GE HealthCare Technologies Inc. GEHC, -1.44% late Monday said it has agreed to buy French tomography company IMACTIS for an undisclosed amount. IMACTIS's system is designed to increase the procedure's...

2 months ago - Market Watch

GE HealthCare Announces Agreement to Acquire IMACTIS to Strengthen Capabilities in Interventional Guidance

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced it has entered into an agreement to acquire IMACTIS, an innovator in the rapidly growing field of computed tomography (CT) inte...

2 months ago - Business Wire

A Look at the GE Healthcare Spin-off

General Electric Co ( GE , Financial) separated its health care technology business on Jan 4, 2023, and the stock of the stand-alone company began trading on the Nasdaq under the name GE Healthcare Te...

2 months ago - GuruFocus

GE HealthCare Names Health Tech Pioneer Taha Kass-Hout First Chief Technology Officer

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) announced today that Taha Kass-Hout MD, MS has been named Chief Technology Officer (CTO) to lead the company's new science and technology organ...

3 months ago - Business Wire