GE HealthCare Technologies Inc. (GEHC)

NASDAQ: GEHC · IEX Real-Time Price · USD
86.28
-1.93 (-2.19%)
At close: Apr 12, 2024, 4:00 PM
87.40
+1.12 (1.30%)
After-hours: Apr 12, 2024, 7:56 PM EDT
-2.19%
Market Cap 39.29B
Revenue (ttm) 19.55B
Net Income (ttm) 1.39B
Shares Out 455.36M
EPS (ttm) 3.04
PE Ratio 28.38
Forward PE 19.73
Dividend $0.12 (0.14%)
Ex-Dividend Date Apr 18, 2024
Volume 1,929,096
Open 87.07
Previous Close 88.21
Day's Range 86.06 - 88.21
52-Week Range 62.35 - 94.50
Beta n/a
Analysts Buy
Price Target 95.08 (+10.2%)
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 12 analysts, the average rating for GEHC stock is "Buy." The 12-month stock price forecast is $95.08, which is an increase of 10.20% from the latest price.

Price Target
$95.08
(10.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
2 days 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 days 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...

11 days 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
12 days 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...

13 days 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...

18 days 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
20 days 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...

20 days ago - Business Wire

GE HealthCare Announces Cash Dividend for First Quarter of 2024

CHICAGO--(BUSINESS WIRE)--The Board of Directors of GE HealthCare Technologies Inc. (Nasdaq: GEHC) today declared a cash dividend of $0.03 per share of Common Stock for the first quarter of 2024 payab...

23 days ago - Business Wire

GE HealthCare to Feature Latest Technologies in Interventional Radiology Focused on Precision Care at SIR 2024

CHICAGO--(BUSINESS WIRE)--Multi-modality showcase brings hands-on experience to care delivery for a wide range of vascular diseases and health conditions.

23 days ago - Business Wire

GE HealthCare Accelerates AI Innovation with Healthcare-Specific Foundation Models Powered by NVIDIA

SAN JOSE, Calif.--(BUSINESS WIRE)--Building on a long-term artificial intelligence (AI) collaboration, GE HealthCare used NVIDIA technology to develop its recent research model SonoSAMTrack1, which co...

Other symbols: NVDA
27 days ago - Business Wire

GE HealthCare and Hartford HealthCare Renew and Evolve 7-Year Collaboration to Advance Patient Care and Access in Connecticut

HARTFORD, Conn.--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, and Connecticut-based Hartford HealthC...

4 weeks ago - Business Wire

GE HealthCare Establishes the GE HealthCare Foundation

CHICAGO--(BUSINESS WIRE)--Today, GE HealthCare (Nasdaq: GEHC) a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, announced the establishment of its phila...

4 weeks ago - Business Wire

GE Healthcare Stock Is Tumbling. Why It Should Recover.

The medical imaging giant announced details of another secondary stock sale.

4 weeks ago - Barrons

GE Healthcare leads early S&P 500 decliners after pricing offering of 14 million shares

GE Healthcare Technologies Inc.'s stock fell 6% in premarket trade Wednesday to lead S&P 500 decliners, after the company announced the pricing of an upsized secondary offering of shares.

4 weeks ago - Market Watch

GE HealthCare Technologies Inc. Prices Upsized Secondary Offering of 14,000,000 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...

4 weeks ago - Business Wire

GE HealthCare Technologies Inc. Commences Secondary Offering of 13,000,000 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...

4 weeks ago - Business Wire

GE HealthCare and Mass General Brigham Evolve Their AI Collaboration with Medical Imaging Foundation Models

ORLANDO, Fla.--(BUSINESS WIRE)--Based on its long-term artificial intelligence (AI) partnership, GE HealthCare and Mass General Brigham plan to integrate medical imaging foundation models into their A...

4 weeks ago - Business Wire

Stock Market Today: Nasdaq Soars as Magnificent 7 Stocks Rally

A strong day for the all but one of the Magnificent 7 stocks fueled upside in the main indexes.

Other symbols: AAPLGEMETANVDAVSCOMSFT
5 weeks ago - Kiplinger

GE HealthCare to Spotlight Industry-Leading AI-Enabled Portfolio and Digital Solutions at HIMSS 2024

ORLANDO, Fla.--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) will showcase its industry-leading portfolio of artificial intelligence (AI)-enabled medical devices and digital solutions in Booth 2500 at...

5 weeks ago - Business Wire

GE HealthCare Showcases Precision Care with Launch of Elevated LOGIQ Ultrasound System Portfolio at European Congress of Radiology 2024

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced its latest innovation in ultrasound with the launch of its next-level LOGIQ ultrasound portfolio—including the new LOGIQ Totus—hi...

6 weeks ago - Business Wire

GE HealthCare and Biofourmis Collaborate to Extend Patient Monitoring Outside the Hospital with Virtual Care-at-Home Solutions

Collaboration supports the patient journey across the care continuum and eases transitions and care from the hospital to home CHICAGO and BOSTON , Feb. 26, 2024 /PRNewswire/ -- GE HealthCare (Nasdaq: ...

6 weeks ago - PRNewsWire

Trade Tracker: Stephanie Link adds to Target and GE Healthcare

Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's adding to Target and GE Healthcare Technologies to her portfolio.

Other symbols: TGT
7 weeks ago - CNBC Television

Serving Patients and Communities Through Comprehensive Care Solutions: OSF HealthCare, Pointcore, Inc. and GE HealthCare Enter Strategic Care Alliance

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced a collaboration with OSF HealthCare, an integrated health system caring for patients throughout Illinois and Michigan, and Pointc...

7 weeks ago - Business Wire

GE HealthCare Technologies Inc. Prices Secondary Offering of 13,000,000 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...

2 months ago - Business Wire