What is the stock price prediction for GE in 2024?
GE Stock Price Forecast 2024-2025
What is the GE stock price prediction for 2025?
According to our General Electric stock prediction for 2025, GE stock will be priced at $ 276.20 in 2025. This forecast is based on the stock's average growth over the past 10 years.
How high will GE stock go?
GE Stock 12 Month Forecast
Based on 16 Wall Street analysts offering 12 month price targets for GE Aerospace in the last 3 months. The average price target is $169.93 with a high forecast of $195.00 and a low forecast of $148.00. The average price target represents a 9.99% change from the last price of $154.49.
What is GE prediction for 2025?
GE Vernova expects 2025 free cash flow to be $1.2 billion to $1.8 billion, up from $700 million to $1.1 billion expected this year. By 2028, GE Vernova expects organic revenue to grow by a mid-single digit percentage, and for free cash flow to reflect 90% to 110% conversion.
What is the target price for GE stock in 12 months?
Based on analysts offering 12 month price targets for GE in the last 3 months. The average price target is $171.27 with a high estimate of $195 and a low estimate of $148.
Is GE a good investment right now?
The financial health and growth prospects of GE, demonstrate its potential to underperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
What is the future of GE?
Today, GE's stock is near a seven-year high. GE HealthCare Technologies Inc., which split off in 2023, is up about 50% from its debut. The final piece is the electric-grid, gas-power and wind-turbine business, which will become its own standalone company called GE Vernova on April 2.
What will GE stock be worth in 5 years?
GE Aerospace quote is equal to 155.670 USD at 2024-04-18. Based on our forecasts, a long-term increase is expected, the "GE" stock price prognosis for 2029-04-11 is 327.164 USD. With a 5-year investment, the revenue is expected to be around +110.17%. Your current $100 investment may be up to $210.17 in 2029.
Who is the largest shareholder of General Electric?
The company operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and a financial services segment called GE Capital. The top shareholders of General Electric are Vanguard, Capital Research Global Investors, and BlackRock. The top individual shareholders are Edward Garden, H.
Is GE a safe stock?
The industrial giant earns an IBD Composite Rating of 95 out of 99, according to the IBD Stock Checkup tool. The rating combines key technical and fundamental metrics in a single score. General Electric owns an RS Rating of 95, meaning it has outperformed 95% of all stocks in IBD's database over the past year.
What is GE stock target price?
| High | $190.00 |
|---|---|
| Median | $163.50 |
| Low | $96.04 |
| Average | $159.53 |
| Current Price | $157.40 |
What is the meta prediction for 2024?
Meta stock forecast 2024
Analysts are optimistic about Meta's business and stock price this year, projecting full-year earnings per share of $19.92. That's up from $14.51 in 2023. In addition, Meta analysts are calling for $158.2 billion in 2024 revenue — a whopping annual growth of 17.3%.
How many shares of GEV will I get?
What will GE stockholders receive in the proposed spin-off? Each holder of GE common stock is entitled to receive one share of GE Vernova common stock for every four shares of GE common stock held on March 19, 2024, the record date for the distribution.
What was the price of GE stock in 2008?
The closing price for GE Aerospace (GE) in 2008 was $49.32, on December 31, 2008. It was down 53.4% for the year. The latest price is $154.63.
How much was GE stock in 1929?
In August 1927, General Electric traded at $142 per share. In November 1929, General Electric traded at $201 per share. 3. In August 1928 (1927 figures were not available for Hershey), Hershey traded at $53 per share.
What do analysts say about GE?
What is General Electric's consensus rating and price target? According to the issued ratings of 14 analysts in the last year, the consensus rating for General Electric stock is Moderate Buy based on the current 1 hold rating and 13 buy ratings for GE.
Should I hold or sell GE stock?
The stock has seen a recent rally, but opinions are divided on whether it is overvalued or still has room for growth. Some experts advise holding for the long-term, while others recommend selling or waiting for a better entry point.
Is GE going to split?
GE first announced its decision to split into three companies focusing on aviation, healthcare and energy, respectively, in 2021.
Is GE stock a good long-term investment?
But earnings are forecast to grow by 37.6% annually in the next five years. Out of the 16 analysts tracking General Electric stock, 11 recommend a “strong buy,” one recommends a “moderate buy,” and four recommend a “hold.” The average target price for GE stock is $158.64, which is below the current trading price.
Should I sell my GE stock before the reverse split?
Selling before a reverse stock split is a good idea, but selling after the reverse stock split is not. Since you can sell before and after a reverse stock split, selling during one is optional. The main advantage of selling before the reverse stock split is that you don't have to wait around for it to happen.
Why has GE stock dropped so much?
GE's decline accelerated during the Great Recession, as the financial crisis revealed that it was overstretched. In 2018, GE—the last original component of the DJIA—was dropped from the index after years of poor performance and declining revenues.
What will happen to my GE stock?
Whereas, as of the spin-off date, GE shareholders will continue to hold their shares of GE, which will be listed on the NYSE under the ticker “GE” with the name “GE Aerospace.” Both “GE” and “GEV” stocks are expected to start trading regular-way on April 2, 2024.
Is GE making a comeback?
If you buy GE stock now, you will get exposure to both companies after the spinoff takes place, and the good news is there's ample room for improvement in both companies in 2024. GE Aerospace has excellent earnings and orders momentum, with a multiyear backlog in place, and its defense business is improving, too.
Will GE stock split into 3 companies?
Key Takeaways. General Electric completed its transition of splitting into three separate companies Tuesday, with GE Vernova, GE Aerospace, and GE Healthcare all trading under separate stock tickers.
What happens to GE stock after split?
"Additionally, shareholders do not need to pay any consideration, or surrender or exchange shares of GE common stock, to participate in the separation." Those who own GE's stock as of March 19 will receive one share of GE Vernova's common stock for every four shares of GE they own.
