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

OverviewForecast
EarningsDividendOwnership

Analyst price target for GE

Based on 7 analysts offering 12 month price targets for General Electric Co.
Min Forecast
$9.00-33.82%
Avg Forecast
$11.86-12.82%
Max Forecast
$17.00+25%

Should I buy or sell GE stock?

Strong Buy
Strong Buy
5 analysts 62.5%
Buy
0 analysts 0%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

GE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Jashua Pokrzywinski
Morgan Stanley
Strong BuyMaintains$17.00+25.00%2021-03-04
Anonymous
Morgan Stanley
Strong BuyMaintains$13.00-4.41%2021-01-27
Joe Ritchie
Goldman Sachs
Strong BuyReinstates$10.00-26.47%2020-10-09
Markus Mittermaier
UBS
Strong BuyMaintains$9.00-33.82%2020-04-23
Andrew Kaplowitz
Citigroup
Strong BuyMaintains$9.00-33.82%2020-04-23
Nicole Deblase
Deutsche Bank
HoldMaintains$14.00+2.94%2021-03-11
Christopher Glynn
Oppenheimer
HoldDowngradesN/AN/A2021-03-11
Robert Czerwensky
DZ Bank
HoldUpgrades$11.00-19.12%2020-12-16

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Forecast return on equity

Is GE forecast to generate an efficient return?
Company
19.96%
Industry
-53.15%
Market
32,369.88%
GE's Return on Equity is forecast to be low in 3 years (19.96%); analysts are not 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
2.8%
Industry
10.09%
Market
11,660.33%
GE is forecast to generate lower Return on Assets (2.8%) than the US Specialty Industrial Machinery industry average (10.09%)
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
$0.24-59.48%
Avg 2 year Forecast
$0.52-10.91%
Avg 3 year Forecast
$0.73+26.43%
GE's earnings are forecast to grow at a rate of 9.07% per year, which is not exceptional
Forecast

GE revenue forecast

What is GE's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$79.1B-0.68%
Avg 2 year Forecast
$84.4B+6.02%
Avg 3 year Forecast
$91.5B+14.96%
GE's revenue is forecast to grow at a rate of 4.53% per year, which is not exceptional
Forecast

GE earnings growth forecast

How is GE forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
9.07%
Industry
15.84%
Market
23.13%
GE's earnings are forecast to grow slower (9.07% per year) than the US Specialty Industrial Machinery industry average (15.84%)
Forecast
GE's earnings are forecast to grow slower (9.07% per year) than the US market average (23.13%)
Forecast
GE's earnings are forecast to grow faster (9.07% per year) than the risk-free savings rate (1.7%)
Forecast

GE revenue growth forecast

How is GE forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
4.53%
Industry
8.19%
Market
15.05%
GE's revenues are forecast to grow slower (4.53% per year) than the US Specialty Industrial Machinery industry average (8.19%)
Forecast
GE's revenues are forecast to grow slower (4.53% per year) than the US market average (15.05%)
Forecast

General Electric Stock Forecast FAQ

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

The consensus among 8 Wall Street analysts covering (NYSE: GE) stock is to Strong Buy GE stock.

Out of 8 analysts, 5 (62.5%) are recommending GE as a Strong Buy, 0 (0%) are recommending GE as a Buy, 3 (37.5%) 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 9.07% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 15.84%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.13%.

General Electric's earnings in 2021 is $5,230,000,000.On average, 8 Wall Street analysts forecast GE's earnings for 2021 to be $2,058,570,155, with the lowest GE earnings forecast at $1,751,974,600, and the highest GE earnings forecast at $2,277,566,980. On average, 6 Wall Street analysts forecast GE's earnings for 2022 to be $4,526,226,379, with the lowest GE earnings forecast at $4,292,337,770, and the highest GE earnings forecast at $5,255,923,800.

In 2023, GE is forecast to generate $6,423,614,871 in earnings, with the lowest earnings forecast at $6,307,108,560 and the highest earnings forecast at $6,657,503,480.

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

(NYSE: GE) General Electric's forecast annual revenue growth rate of 4.53% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 8.19%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.05%.

General Electric's revenue in 2021 is $79,619,000,000.On average, 5 Wall Street analysts forecast GE's revenue for 2021 to be $692,732,789,130,536, with the lowest GE revenue forecast at $677,418,498,836,000, and the highest GE revenue forecast at $706,519,672,929,300. On average, 5 Wall Street analysts forecast GE's revenue for 2022 to be $739,466,098,394,426, with the lowest GE revenue forecast at $713,351,235,085,810, and the highest GE revenue forecast at $769,968,747,049,250.

In 2023, GE is forecast to generate $801,760,384,736,405 in revenue, with the lowest revenue forecast at $788,189,545,685,440 and the highest revenue forecast at $815,331,223,787,370.

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

(NYSE: GE) forecast ROA is 2.8%, which is lower than the forecast US Specialty Industrial Machinery industry average of 10.09%.

What is GE's Price Target?

According to 7 Wall Street analysts that have issued a 1 year GE price target, the average GE price target is $11.86, with the highest GE stock price forecast at $17.00 and the lowest GE stock price forecast at $9.00.

On average, Wall Street analysts predict that General Electric's share price could stay at $11.86 by Mar 11, 2022. The average General Electric stock price prediction forecasts a potential downside of N/A from the current GE share price of $13.60.

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

(NYSE: GE) General Electric's current Earnings Per Share (EPS) is $0.58. On average, analysts forecast that GE's EPS will be $0.24 for 2021, with the lowest EPS forecast at $0.20, and the highest EPS forecast at $0.26. On average, analysts forecast that GE's EPS will be $0.52 for 2022, with the lowest EPS forecast at $0.49, and the highest EPS forecast at $0.60. In 2023, GE's EPS is forecast to hit $0.73 (min: $0.72, max: $0.76).

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

(NYSE: GE) forecast ROE is 19.96%, which is considered weak.
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