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NYSE: GE
General Electric Co Stock Forecast, Predictions & Price Target

Analyst price target for GE

Based on 8 analysts offering 12 month price targets for General Electric Co.
Min Forecast
$10.00-25.76%
Avg Forecast
$13.88+3.01%
Max Forecast
$17.00+26.21%

Should I buy or sell GE stock?

Buy
Strong Buy
4 analysts 44.44%
Buy
1 analysts 11.11%
Hold
4 analysts 44.44%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

GE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Julian Mitchell
Barclays
Strong BuyMaintains$16.00+18.78%2021-05-19
Jashua Pokrzywinski
Morgan Stanley
Strong BuyMaintains$17.00+26.21%2021-03-04
Anonymous
Morgan Stanley
Strong BuyMaintains$13.00-3.49%2021-01-27
Joe Ritchie
Goldman Sachs
Strong BuyReinstates$10.00-25.76%2020-10-09
Deane Dray
RBC Capital
BuyMaintains$16.00+18.78%2021-04-28
John Walsh
Credit Suisse
HoldMaintains$14.00+3.93%2021-04-28
Nicole Deblase
Deutsche Bank
HoldMaintains$14.00+3.93%2021-03-11
Christopher Glynn
Oppenheimer
HoldDowngradesN/AN/A2021-03-11
Robert Czerwensky
DZ Bank
HoldUpgrades$11.00-18.34%2020-12-16

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Forecast return on equity

Is GE forecast to generate an efficient return?
Company
22.22%
Industry
28.52%
Market
61.34%
GE's Return on Equity is forecast to be high in 3 years (22.22%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is GE forecast to generate an efficient return on assets?
Company
3.04%
Industry
10.94%
Market
18.93%
GE is forecast to generate lower Return on Assets (3.04%) than the US Specialty Industrial Machinery industry average (10.94%)
Forecast

GE earnings per share forecast

What is GE's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$0.26-157.22%
Avg 2 year Forecast
$0.52-216.2%
Avg 3 year Forecast
$0.73-262.22%

GE revenue forecast

What is GE's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$78.0B+2.29%
Avg 2 year Forecast
$83.2B+9.21%
Avg 3 year Forecast
$89.5B+17.43%
GE's revenue is forecast to grow at a rate of 5.4% per year, which is not exceptional
Forecast

GE revenue growth forecast

How is GE forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
5.4%
Industry
7.16%
Market
14.55%
GE's revenues are forecast to grow slower (5.4% per year) than the US Specialty Industrial Machinery industry average (7.16%)
Forecast
GE's revenues are forecast to grow slower (5.4% per year) than the US market average (14.55%)
Forecast

General Electric Stock Forecast FAQ

Is General Electric Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: GE) stock is to Buy GE stock.

Out of 9 analysts, 4 (44.44%) are recommending GE as a Strong Buy, 1 (11.11%) are recommending GE as a Buy, 4 (44.44%) are recommending GE as a Hold, 0 (0%) are recommending GE as a Sell, and 0 (0%) are recommending GE as a Strong Sell.

What is GE's earnings growth forecast for 2021-2023?

(NYSE: GE) General Electric's forecast annual earnings growth rate of N/A is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 11.19%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.57%.

General Electric's earnings in 2021 is -$3,800,000,000.On average, 8 Wall Street analysts forecast GE's earnings for 2021 to be $2,260,500,058, with the lowest GE earnings forecast at $1,755,728,200, and the highest GE earnings forecast at $2,896,951,530. On average, 7 Wall Street analysts forecast GE's earnings for 2022 to be $4,590,351,379, with the lowest GE earnings forecast at $4,213,747,680, and the highest GE earnings forecast at $5,267,184,600.

In 2023, GE is forecast to generate $6,408,407,930 in earnings, with the lowest earnings forecast at $5,706,116,650 and the highest earnings forecast at $6,759,553,570.

What is GE's revenue growth forecast for 2021-2023?

(NYSE: GE) General Electric's forecast annual revenue growth rate of 5.4% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 7.16%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.55%.

General Electric's revenue in 2021 is $76,213,000,000.On average, 5 Wall Street analysts forecast GE's revenue for 2021 to be $684,369,421,039,270, with the lowest GE revenue forecast at $672,075,461,037,230, and the highest GE revenue forecast at $708,033,389,078,100. On average, 5 Wall Street analysts forecast GE's revenue for 2022 to be $730,683,722,555,224, with the lowest GE revenue forecast at $694,354,861,817,540, and the highest GE revenue forecast at $771,618,402,637,250.

In 2023, GE is forecast to generate $785,633,792,688,903 in revenue, with the lowest revenue forecast at $765,172,685,483,000 and the highest revenue forecast at $817,078,068,337,290.

What is GE's forecast return on assets (ROA) for 2021-2024?

(NYSE: GE) forecast ROA is 3.04%, which is lower than the forecast US Specialty Industrial Machinery industry average of 10.94%.

What is GE's Price Target?

According to 8 Wall Street analysts that have issued a 1 year GE price target, the average GE price target is $13.88, with the highest GE stock price forecast at $17.00 and the lowest GE stock price forecast at $10.00.

On average, Wall Street analysts predict that General Electric's share price could stay at $13.88 by May 19, 2022. The average General Electric stock price prediction forecasts a potential downside of N/A from the current GE share price of $13.47.

What is GE's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: GE) General Electric's current Earnings Per Share (EPS) is -$0.45. On average, analysts forecast that GE's EPS will be $0.26 for 2021, with the lowest EPS forecast at $0.20, and the highest EPS forecast at $0.33. On average, analysts forecast that GE's EPS will be $0.52 for 2022, with the lowest EPS forecast at $0.48, and the highest EPS forecast at $0.60. In 2023, GE's EPS is forecast to hit $0.73 (min: $0.65, max: $0.77).

What is GE's forecast return on equity (ROE) for 2021-2024?

(NYSE: GE) forecast ROE is 22.22%, which is considered strong.
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