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

OverviewForecast
EarningsDividendOwnership

Analyst price target for GE

Based on 9 analysts offering 12 month price targets for General Electric Co.
Min Forecast
$7.00-38.22%
Avg Forecast
$11.00-2.91%
Max Forecast
$13.00+14.74%

Should I buy or sell GE stock?

Strong Buy
Strong Buy
8 analysts 66.67%
Buy
0 analysts 0%
Hold
4 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is GE forecast to generate an efficient return?
Company
22.36%
Industry
34.46%
Market
62.25%
GE's Return on Equity is forecast to be high in 4 years (22.36%); 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
2.93%
Industry
11.74%
Market
19.66%
GE is forecast to generate lower Return on Assets (2.93%) than the US Specialty Industrial Machinery industry average (11.74%)
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
$0.32-11.81%
Avg 2 year Forecast
$0.52+43.33%
Avg 3 year Forecast
$0.70+94.44%
GE's earnings are forecast to grow at an exceptional rate of 25.12% per year
Forecast

GE revenue forecast

What is GE's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$80.7B+9.85%
Avg 2 year Forecast
$83.9B+14.31%
Avg 3 year Forecast
$90.2B+22.89%
GE's revenue is forecast to grow at a rate of 6.57% 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
25.12%
Industry
20.14%
Market
20.47%
GE's earnings are forecast to grow faster (25.12% per year) than the US Specialty Industrial Machinery industry average (20.14%)
Forecast
GE's earnings are forecast to grow faster (25.12% per year) than the US market average (20.47%)
Forecast
GE's earnings are forecast to grow faster (25.12% per year) than the risk-free savings rate (1.1%)
Forecast

GE revenue growth forecast

How is GE forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
6.57%
Industry
7.28%
Market
14.48%
GE's revenues are forecast to grow slower (6.57% per year) than the US Specialty Industrial Machinery industry average (7.28%)
Forecast
GE's revenues are forecast to grow slower (6.57% per year) than the US market average (14.48%)
Forecast

General Electric Stock Forecast FAQ

Is General Electric Stock a good buy in 2020, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: GE) stock is to Strong Buy GE stock.

Out of 12 analysts, 8 (66.67%) are recommending GE as a Strong Buy, 0 (0%) are recommending GE as a Buy, 4 (33.33%) 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 Price Target?

According to 9 Wall Street analysts that have issued a 1 year GE price target, the average GE price target is $11.00, with the highest GE stock price forecast at $13.00 and the lowest GE stock price forecast at $7.00.

On average, Wall Street analysts predict that General Electric's share price could fall to $11.00 by Jan 13, 2022. The average General Electric stock price prediction forecasts a potential downside of 2.91% from the current GE share price of $11.33.

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

(NYSE: GE) General Electric's forecast annual earnings growth rate of 25.12% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 20.14%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 20.47%.

General Electric's earnings in 2020 is $3,325,000,000.On average, 8 Wall Street analysts forecast GE's earnings for 2021 to be $2,779,169,258, with the lowest GE earnings forecast at $262,598,670, and the highest GE earnings forecast at $3,588,848,490. On average, 5 Wall Street analysts forecast GE's earnings for 2022 to be $4,516,697,124, with the lowest GE earnings forecast at $2,013,256,470, and the highest GE earnings forecast at $5,777,170,740.

In 2023, GE is forecast to generate $6,127,302,300 in earnings, with the lowest earnings forecast at $5,602,104,960 and the highest earnings forecast at $6,652,499,640.

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

(NYSE: GE) General Electric's forecast annual revenue growth rate of 6.57% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 7.28%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.

General Electric's revenue in 2020 is $73,428,000,000.On average, 5 Wall Street analysts forecast GE's revenue for 2021 to be $706,023,624,477,744, with the lowest GE revenue forecast at $669,293,983,518,000, and the highest GE revenue forecast at $743,599,340,845,650. On average, 4 Wall Street analysts forecast GE's revenue for 2022 to be $734,717,396,003,928, with the lowest GE revenue forecast at $694,442,182,815,000, and the highest GE revenue forecast at $774,473,504,142,000.

In 2023, GE is forecast to generate $789,846,818,079,810 in revenue, with the lowest revenue forecast at $789,846,818,079,810 and the highest revenue forecast at $789,846,818,079,810.

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

(NYSE: GE) General Electric's current Earnings Per Share (EPS) is $0.36. On average, analysts forecast that GE's EPS will be $0.32 for 2021, with the lowest EPS forecast at $0.03, and the highest EPS forecast at $0.41. On average, analysts forecast that GE's EPS will be $0.52 for 2022, with the lowest EPS forecast at $0.23, and the highest EPS forecast at $0.66. In 2023, GE's EPS is forecast to hit $0.70 (min: $0.64, max: $0.76).

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

(NYSE: GE) forecast ROE is 22.36%, which is considered strong.

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

(NYSE: GE) forecast ROA is 2.93%, which is lower than the forecast US Specialty Industrial Machinery industry average of 11.74%.
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