General Electric Company (GE) Stock Forecast, Price Target & Predictions
GE Stock Forecast
General Electric Company stock forecast is as follows: an average price target of $160.37 (represents a -11.47% downside from GE’s last price of $181.15) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
GE Price Target
The average price target for General Electric Company (GE) is $160.37 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $230.00 to $84.00. This represents a potential -11.47% downside from GE's last price of $181.15.
GE Analyst Ratings
According to 16 Wall Street analysts, General Electric Company's rating consensus is 'Buy'. The analyst rating breakdown for GE stock is 0 'Strong Buy' (0.00%), 15 'Buy' (93.75%), 1 'Hold' (6.25%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
General Electric Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Ken Herbert | RBC Capital | - | - | 13.21% | 10.41% |
| Oct 23, 2024 | Matthew Akers | Wells Fargo | - | - | 18.87% | 15.93% |
| Oct 23, 2024 | Chris Snyder | UBS | - | - | 30.19% | 26.97% |
| Oct 14, 2024 | Brendan Luecke | Bernstein | - | - | 17.70% | 24.21% |
| Sep 10, 2024 | Douglas Harned | Bernstein | - | - | 21.56% | 10.96% |
| Jun 10, 2024 | Scott Deuschle | Deutsche Bank | - | - | 29.08% | 15.37% |
| May 23, 2024 | Chris Snyder | UBS | - | - | 24.99% | 10.96% |
| May 22, 2024 | Stewart Glickman | CFRA | - | - | 12.56% | -0.08% |
| Apr 10, 2024 | John Eade | Argus Research | - | - | 8.55% | -6.16% |
| Apr 10, 2024 | Sheila Kahyaoglu | Jefferies | - | - | 15.42% | -0.63% |
The latest General Electric Company stock forecast, released on Oct 23, 2024 by Ken Herbert from RBC Capital, set a price target of $200.00, which represents a 13.21% increase from the stock price at the time of the forecast ($176.66), and a 10.41% increase from GE last price ($181.15).
General Electric Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 5 | 19 |
| Avg Price Target | $213.33 | $213.20 | $183.58 |
| Last Closing Price | $181.15 | $181.15 | $181.15 |
| Upside/Downside | 17.76% | 17.69% | 1.34% |
In the current month, the average price target of General Electric Company stock is $213.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 17.76% increase as opposed to General Electric Company's last price of $181.15. This month's average price target is up 0.06% compared to last quarter, and up 16.21% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 23, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 23, 2024 | UBS | Buy | Buy | Hold |
| Oct 14, 2024 | Bernstein | Outperform | Outperform | Hold |
| Sep 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 20, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 24, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 24, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 24, 2024 | UBS | Buy | Buy | Hold |
General Electric Company's last stock rating was published by RBC Capital on Oct 23, 2024. The company gave GE a "Outperform" rating, the same as its previous rate.
General Electric Company Financial Forecast
General Electric Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.35B | $16.70B | $14.48B | $16.80B | $19.08B | $18.64B | $17.04B | $20.37B | $18.43B | $18.28B | $17.12B | $21.93B | $19.42B | $17.75B | $20.52B | $26.24B | $23.36B |
| Avg Forecast | $12.29B | $11.63B | $10.70B | $10.12B | $10.86B | $10.11B | $9.40B | $9.06B | $9.65B | $9.02B | $8.46B | $15.25B | $17.27B | $15.46B | $14.76B | $13.10B | $21.21B | $18.40B | $17.36B | $16.89B | $21.31B | $19.29B | $18.14B | $17.59B | $21.75B | $18.73B | $16.86B | $20.38B | $25.67B | $28.90B |
| High Forecast | $12.64B | $11.96B | $11.01B | $10.41B | $11.17B | $10.40B | $9.67B | $9.13B | $9.77B | $9.16B | $8.47B | $15.25B | $17.33B | $16.10B | $15.18B | $13.47B | $21.82B | $18.40B | $17.36B | $16.89B | $21.31B | $19.29B | $18.14B | $17.59B | $21.75B | $18.73B | $16.86B | $20.38B | $25.67B | $28.90B |
| Low Forecast | $11.93B | $11.29B | $10.40B | $9.83B | $10.55B | $9.82B | $9.13B | $8.93B | $9.43B | $8.89B | $8.45B | $15.25B | $17.20B | $15.03B | $14.34B | $12.72B | $20.60B | $18.40B | $17.36B | $16.89B | $21.31B | $19.29B | $18.14B | $17.59B | $21.75B | $18.73B | $16.86B | $20.38B | $25.67B | $28.90B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.13% | 1.11% | 0.79% | 1.04% | 1.07% | 1.01% | 0.96% | 0.96% | 1.01% | 0.97% | 1.01% | 1.04% | 1.05% | 1.01% | 1.02% | 0.81% |
General Electric Company's average Quarter revenue forecast for Dec 23 based on 2 analysts is $17.27B, with a low forecast of $17.20B, and a high forecast of $17.33B. GE's average Quarter revenue forecast represents a -0.45% decrease compared to the company's last Quarter revenue of $17.35B (Sep 23).
General Electric Company EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $161.00M | $1.06B | $1.56B | $2.70B | $1.06B | $2.35B | $1.48B | $-2.62B | $2.45B | $-338.00M | $-1.41B | $564.00M | $1.48B | $409.00M | $8.39B | $3.82B | $-7.31B |
| Avg Forecast | $959.09M | $907.70M | $835.63M | $789.98M | $848.18M | $789.44M | $733.99M | $707.07M | $753.25M | $704.35M | $660.61M | $1.40B | $1.35B | $1.21B | $1.15B | $1.10B | $-2.65B | $1.32B | $1.25B | $873.16M | $1.53B | $1.38B | $1.30B | $-1.41B | $1.56B | $1.34B | $1.21B | $11.53B | $1.84B | $2.07B |
| High Forecast | $986.45M | $933.60M | $859.47M | $812.52M | $872.38M | $811.96M | $754.93M | $712.61M | $762.60M | $714.95M | $661.37M | $1.68B | $1.35B | $1.26B | $1.19B | $1.33B | $-2.12B | $1.32B | $1.25B | $1.05B | $1.53B | $1.38B | $1.30B | $-1.13B | $1.56B | $1.34B | $1.21B | $13.84B | $1.84B | $2.07B |
| Low Forecast | $931.66M | $881.75M | $811.73M | $767.39M | $823.93M | $766.86M | $713.00M | $696.78M | $736.09M | $693.75M | $659.84M | $1.12B | $1.34B | $1.17B | $1.12B | $883.64M | $-3.17B | $1.32B | $1.25B | $698.53M | $1.53B | $1.38B | $1.30B | $-1.69B | $1.56B | $1.34B | $1.21B | $9.23B | $1.84B | $2.07B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.13% | 0.92% | 1.42% | -1.02% | 0.80% | 1.89% | 1.70% | -1.71% | 1.77% | -0.26% | 1.00% | 0.36% | 1.10% | 0.34% | 0.73% | 2.07% | -3.53% |
2 analysts predict GE's average Quarter EBITDA for Dec 23 to be $1.35B, with a high of $1.35B and a low of $1.34B. This is 737.29% upper than General Electric Company's previous annual EBITDA (Sep 23) of $161.00M.
General Electric Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $258.00M | $1.72B | $7.51B | $2.20B | $-76.00M | $-561.00M | $-729.00M | $-3.50B | $1.26B | $-1.13B | $-2.80B | $2.64B | $-1.14B | $-1.99B | $6.20B | $728.00M | $-9.42B |
| Avg Forecast | $1.91B | $1.86B | $1.67B | $1.54B | $1.56B | $1.51B | $1.38B | $1.26B | $1.14B | $1.24B | $1.08B | $-1.23B | $776.94M | $505.45M | $403.32M | $-971.25M | $-3.88B | $324.80M | $256.00M | $-767.79M | $579.13M | $292.84M | $178.46M | $-2.80B | $473.08M | $-222.51M | $-550.79M | $8.52B | $944.90M | $652.59M |
| High Forecast | $1.98B | $1.93B | $1.74B | $1.60B | $1.62B | $1.57B | $1.43B | $1.32B | $1.22B | $1.25B | $1.08B | $-982.91M | $811.47M | $541.55M | $418.28M | $-777.00M | $-3.10B | $324.80M | $256.00M | $-614.23M | $579.13M | $292.84M | $178.46M | $-2.24B | $473.08M | $-222.51M | $-550.79M | $10.23B | $944.90M | $652.59M |
| Low Forecast | $1.84B | $1.79B | $1.61B | $1.48B | $1.50B | $1.46B | $1.33B | $1.21B | $1.01B | $1.23B | $1.08B | $-1.47B | $751.04M | $469.35M | $388.32M | $-1.17B | $-4.66B | $324.80M | $256.00M | $-921.35M | $579.13M | $292.84M | $178.46M | $-3.36B | $473.08M | $-222.51M | $-550.79M | $6.82B | $944.90M | $652.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.51% | 4.27% | -7.73% | -0.57% | -0.23% | -2.19% | 0.95% | -6.05% | 4.29% | -6.34% | 1.00% | 5.57% | 5.14% | 3.61% | 0.73% | 0.77% | -14.44% |
General Electric Company's average Quarter net income forecast for Dec 23 is $776.94M, with a range of $751.04M to $811.47M. GE's average Quarter net income forecast represents a 201.14% increase compared to the company's last Quarter net income of $258.00M (Sep 23).
General Electric Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.17B | $2.36B | $2.83B | $3.50B | $3.79B | $3.27B | $4.16B | $3.81B | $3.39B | $3.35B | $3.45B | $3.82B | $3.85B | $3.64B | $3.70B | $4.41B | $4.76B |
| Avg Forecast | $2.32B | $2.19B | $2.02B | $1.91B | $2.05B | $1.91B | $1.77B | $1.71B | $1.82B | $1.70B | $1.59B | $4.90B | $3.25B | $2.91B | $2.78B | $3.87B | $3.84B | $3.47B | $3.27B | $3.06B | $4.02B | $3.64B | $3.42B | $3.45B | $4.10B | $3.53B | $3.18B | $5.09B | $4.84B | $5.45B |
| High Forecast | $2.38B | $2.25B | $2.07B | $1.96B | $2.11B | $1.96B | $1.82B | $1.72B | $1.84B | $1.73B | $1.60B | $5.88B | $3.27B | $3.04B | $2.86B | $4.65B | $4.61B | $3.47B | $3.27B | $3.67B | $4.02B | $3.64B | $3.42B | $4.14B | $4.10B | $3.53B | $3.18B | $6.11B | $4.84B | $5.45B |
| Low Forecast | $2.25B | $2.13B | $1.96B | $1.85B | $1.99B | $1.85B | $1.72B | $1.68B | $1.78B | $1.67B | $1.59B | $3.92B | $3.24B | $2.83B | $2.70B | $3.10B | $3.07B | $3.47B | $3.27B | $2.45B | $4.02B | $3.64B | $3.42B | $2.76B | $4.10B | $3.53B | $3.18B | $4.07B | $4.84B | $5.45B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | 0.85% | 0.73% | 0.91% | 1.09% | 1.00% | 1.36% | 0.95% | 0.93% | 0.98% | 1.00% | 0.93% | 1.09% | 1.15% | 0.73% | 0.91% | 0.87% |
General Electric Company's average Quarter SG&A projection for Dec 23 is $3.25B, based on 2 Wall Street analysts, with a range of $3.24B to $3.27B. The forecast indicates a 49.90% rise compared to GE last annual SG&A of $2.17B (Sep 23).
General Electric Company EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 2 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.24 | $-0.02 | $6.76 | $1.57 | $-0.07 | $-0.51 | $-0.66 | $-3.19 | $1.09 | $-1.12 | $-2.64 | $2.24 | $-1.12 | $-2.08 | $5.60 | $0.48 | $-8.64 |
| Avg Forecast | $1.75 | $1.70 | $1.53 | $1.41 | $1.42 | $1.39 | $1.26 | $1.16 | $1.04 | $1.13 | $0.99 | $0.71 | $0.71 | $0.46 | $0.37 | $0.11 | $0.92 | $0.30 | $0.23 | $0.11 | $0.53 | $0.27 | $0.16 | $0.07 | $0.43 | $-0.20 | $-0.50 | $0.40 | $0.86 | $0.59 |
| High Forecast | $1.81 | $1.77 | $1.59 | $1.46 | $1.48 | $1.44 | $1.31 | $1.21 | $1.11 | $1.14 | $0.99 | $0.74 | $0.74 | $0.50 | $0.38 | $0.11 | $0.95 | $0.30 | $0.23 | $0.11 | $0.53 | $0.27 | $0.16 | $0.07 | $0.43 | $-0.20 | $-0.50 | $0.40 | $0.86 | $0.59 |
| Low Forecast | $1.68 | $1.64 | $1.48 | $1.36 | $1.37 | $1.33 | $1.22 | $1.11 | $0.93 | $1.13 | $0.99 | $0.68 | $0.69 | $0.43 | $0.36 | $0.11 | $0.88 | $0.30 | $0.23 | $0.11 | $0.53 | $0.27 | $0.16 | $0.07 | $0.43 | $-0.20 | $-0.50 | $0.40 | $0.86 | $0.59 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.52% | -0.05% | 61.73% | 1.71% | -0.24% | -2.19% | -5.82% | -6.06% | 4.09% | -6.90% | -39.47% | 5.21% | 5.54% | 4.15% | 14.12% | 0.56% | -14.56% |
According to 2 Wall Street analysts, General Electric Company's projected average Quarter EPS for Dec 23 is $0.71, with a low estimate of $0.69 and a high estimate of $0.74. This represents a 196.18% increase compared to GE previous annual EPS of $0.24 (Sep 23).
General Electric Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AOS | A. O. Smith | - | - | 17.78% | Buy |
| GTLS | Chart Industries | - | - | 4.26% | Buy |
| ROK | Rockwell Automation | - | - | -2.44% | Buy |
| DOV | Dover | - | - | -7.17% | Buy |
| EMR | Emerson Electric | - | - | -7.49% | Buy |
| GE | General Electric Company | - | - | -11.47% | Buy |
| ITW | Illinois Tool Works | - | - | -15.71% | Hold |
| CMI | Cummins | - | - | -21.44% | Buy |
| PH | Parker-Hannifin | - | - | -22.75% | Buy |
| ETN | Eaton | - | - | -35.60% | Buy |