GE HealthCare Technologies Inc. (GEHC)
NASDAQ: GEHC · IEX Real-Time Price · USD
80.44
-0.51 (-0.63%)
At close: Jul 19, 2024, 4:00 PM
80.99
+0.55 (0.68%)
Pre-market: Jul 22, 2024, 7:55 AM EDT
GEHC Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for GEHC stock have an average target of 94.09, with a low estimate of 80 and a high estimate of 110. The average target predicts an increase of 16.97% from the current stock price of 80.44.
Analyst Consensus: Buy
* Price targets were last updated on May 30, 2024.
Analyst Ratings
The average analyst rating for GEHC stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 2 | 2 | 2 |
| Hold | 5 | 5 | 4 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Initiates $87 | Hold | Initiates | $87 | +8.16% | May 30, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $94 → $86 | Hold | Maintains | $94 → $86 | +6.91% | May 1, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $110 → $105 | Strong Buy | Maintains | $110 → $105 | +30.53% | May 1, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $96 → $110 | Strong Buy | Maintains | $96 → $110 | +36.75% | Apr 11, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $93 → $100 | Buy | Maintains | $93 → $100 | +24.32% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
20.56B
from 19.55B
Increased by 5.15%
Revenue Next Year
21.57B
from 20.56B
Increased by 4.94%
EPS This Year
4.36
from 3.04
Increased by 43.33%
EPS Next Year
4.86
from 4.36
Increased by 11.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4B | 22.6B | 24.1B | 25.8B | 27.8B |
| Avg | 20.6B | 21.6B | 22.7B | 25.1B | 27.0B |
| Low | 19.6B | 20.5B | 21.5B | 24.1B | 25.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2% | 10.1% | 11.9% | 13.7% | 10.6% |
| Avg | 5.1% | 4.9% | 5.4% | 10.4% | 7.5% |
| Low | 0.2% | -0.5% | -0.1% | 6.1% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.53 | 5.15 | 5.88 | 6.67 | 7.61 |
| Avg | 4.36 | 4.86 | 5.46 | 6.48 | 7.40 |
| Low | 4.14 | 4.51 | 4.94 | 6.22 | 7.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.9% | 18.1% | 21.1% | 22.1% | 17.5% |
| Avg | 43.3% | 11.4% | 12.4% | 18.6% | 14.2% |
| Low | 36.0% | 3.5% | 1.7% | 14.0% | 9.7% |
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.