GE HealthCare Technologies Inc. (GEHC)

NASDAQ: GEHC · IEX Real-Time Price · USD
90.91
+0.60 (0.66%)
At close: Mar 28, 2024, 4:00 PM
90.63
-0.28 (-0.31%)
After-hours: Mar 28, 2024, 7:59 PM EDT
0.66%
Market Cap 41.12B
Revenue (ttm) 19.55B
Net Income (ttm) 1.39B
Shares Out 455.36M
EPS (ttm) 3.04
PE Ratio 29.90
Forward PE 20.79
Dividend $0.12 (0.13%)
Ex-Dividend Date Apr 18, 2024
Volume 1,771,355
Open 90.20
Previous Close 90.31
Day's Range 89.65 - 91.16
52-Week Range 62.35 - 94.50
Beta n/a
Analysts Buy
Price Target 89.60 (-1.44%)
Earnings Date Apr 23, 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 11 analysts, the average rating for GEHC stock is "Buy." The 12-month stock price forecast is $89.6, which is a decrease of -1.44% from the latest price.

Price Target
$89.6
(-1.44% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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
2 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...

3 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...

6 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.

6 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
10 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...

14 days 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...

15 days ago - Business Wire

GE Healthcare Stock Is Tumbling. Why It Should Recover.

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

15 days 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.

15 days 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...

15 days 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...

16 days 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...

16 days 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
21 days 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...

21 days 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...

4 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: ...

4 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
5 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...

5 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...

5 weeks ago - Business Wire

GE HealthCare Management to Present at Upcoming Investor Conferences

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), is announcing today that its Vice President and Chief Financial Officer, Jay Saccaro, will be presenting at the following upcoming investor conf...

6 weeks ago - Business Wire

GE Healthcare CEO Peter Arduini goes one-on-one with Jim Cramer

GE Healthcare President and CEO Peter Arduini joins 'Mad Money' host Jim Cramer to talk the state of the company a year after spinning off from General Electric.

7 weeks ago - CNBC Television

GE HealthCare and MedQuest Associates Collaborate to Provide Innovative Medical Device Technology and Digital Tools for Outpatient Imaging Centers

CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, and MedQuest Associates (MedQuest), a leading ...

7 weeks ago - Business Wire

INSERTING and REPLACING GE HealthCare Reports Fourth Quarter and Full Year 2023 Financial Results

CHICAGO--(BUSINESS WIRE)--GE HealthCare (GEHC), a leading global precision care innovator, today reported financial results for the fourth quarter ended December 31, 2023.

7 weeks ago - Business Wire

Cramer's Mad Dash: GE HealthCare

CNBC's Jim Cramer delivers his daily Mad Dash.

7 weeks ago - CNBC Television