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

OverviewForecast
EarningsDividendOwnership

Analyst price target for GE

Based on 8 analysts offering 12 month price targets for General Electric Co.
Min Forecast
$11.00-88.17%
Avg Forecast
$93.38+0.4%
Max Forecast
$131.00+40.86%

Should I buy or sell GE stock?

Based on 9 analysts offering ratings for General Electric Co.
Buy
Strong Buy
3 analysts 33.33%
Buy
1 analysts 11.11%
Hold
5 analysts 55.56%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

GE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 8%
93
Strong BuyReinstates$125.00+34.41%2021-11-23
Jefferies
Top 39%
62
HoldInitiates Coverage On$100.00+7.53%2021-11-23
RBC Capital
Top 23%
78
BuyMaintains$130.00+39.78%2021-11-10
Wells Fargo
Bottom 12%
12
HoldMaintains$120.00+29.03%2021-11-10
Deutsche Bank
Top 22%
79
Strong BuyUpgrades$131.00+40.86%2021-11-10
Credit Suisse
Top 2%
99
HoldMaintains$114.00+22.58%2021-10-27
Barclays
Top 12%
89
Strong BuyMaintains$16.00-82.80%2021-05-19
Oppenheimer
Top 11%
90
HoldDowngradesN/AN/A2021-03-11
Anonymous
Morgan Stanley
Strong BuyMaintains$13.00-86.02%2021-01-27
DZ Bank
Bottom 30%
30
HoldUpgrades$11.00-88.17%2020-12-16

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Forecast return on equity

Is GE forecast to generate an efficient return?
Company
20.39%
Industry
22.37%
Market
37.5%
GE's Return on Equity is forecast to be high in 3 years (20.39%); 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
3.22%
Industry
7.95%
GE is forecast to generate lower Return on Assets (3.22%) than the US Specialty Industrial Machinery industry average (7.95%)
Forecast

GE earnings per share forecast

What is GE's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.99-562.79%
Avg 2 year Forecast
$4.16-1,067.44%
Avg 3 year Forecast
$5.30-1,332.56%

GE revenue forecast

What is GE's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$74.8B-1.19%
Avg 2 year Forecast
$79.9B+5.52%
Avg 3 year Forecast
$85.7B+13.17%
GE's revenue is forecast to grow at a rate of 4.15% 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
4.15%
Industry
5.62%
Market
10.08%
GE's revenues are forecast to grow slower (4.15% per year) than the US Specialty Industrial Machinery industry average (5.62%)
Forecast
GE's revenues are forecast to grow slower (4.15% per year) than the US market average (10.08%)
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, 3 (33.33%) are recommending GE as a Strong Buy, 1 (11.11%) are recommending GE as a Buy, 5 (55.56%) 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 9.8%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

General Electric's earnings in 2021 is -$414,000,000.On average, 6 Wall Street analysts forecast GE's earnings for 2021 to be $2,185,292,885, with the lowest GE earnings forecast at $1,757,019,405, and the highest GE earnings forecast at $2,635,529,107. On average, 5 Wall Street analysts forecast GE's earnings for 2022 to be $4,568,250,452, with the lowest GE earnings forecast at $4,216,846,572, and the highest GE earnings forecast at $5,271,058,214.

In 2023, GE is forecast to generate $5,820,126,778 in earnings, with the lowest earnings forecast at $5,479,704,269 and the highest earnings forecast at $6,149,567,917.

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

(NYSE: GE) General Electric's forecast annual revenue growth rate of 4.15% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 5.62%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

General Electric's revenue in 2021 is $75,754,000,000.On average, 6 Wall Street analysts forecast GE's revenue for 2021 to be $82,195,182,977,217, with the lowest GE revenue forecast at $79,010,966,359,600, and the highest GE revenue forecast at $84,027,838,772,982. On average, 6 Wall Street analysts forecast GE's revenue for 2022 to be $87,778,562,372,191, with the lowest GE revenue forecast at $84,409,408,480,848, and the highest GE revenue forecast at $92,852,040,460,110.

In 2023, GE is forecast to generate $94,144,668,654,850 in revenue, with the lowest revenue forecast at $91,853,680,071,560 and the highest revenue forecast at $100,143,198,791,065.

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

(NYSE: GE) forecast ROA is 3.22%, which is lower than the forecast US Specialty Industrial Machinery industry average of 7.95%.

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 $93.38, with the highest GE stock price forecast at $131.00 and the lowest GE stock price forecast at $11.00.

On average, Wall Street analysts predict that General Electric's share price could stay at $93.38 by Nov 23, 2022. The average General Electric stock price prediction forecasts a potential downside of N/A from the current GE share price of $93.00.

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

(NYSE: GE) General Electric's current Earnings Per Share (EPS) is -$0.43. On average, analysts forecast that GE's EPS will be $1.99 for 2021, with the lowest EPS forecast at $1.60, and the highest EPS forecast at $2.40. On average, analysts forecast that GE's EPS will be $4.16 for 2022, with the lowest EPS forecast at $3.84, and the highest EPS forecast at $4.80. In 2023, GE's EPS is forecast to hit $5.30 (min: $4.99, max: $5.60).

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

(NYSE: GE) forecast ROE is 20.39%, which is considered strong.
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