What is the 5-year forecast for GE stock? (2024)

What is the 5-year forecast for GE stock?

GE Aerospace quote is equal to 150.190 USD at 2024-04-23. Based on our forecasts, a long-term increase is expected, the "GE" stock price prognosis for 2029-04-18 is 323.205 USD. With a 5-year investment, the revenue is expected to be around +115.2%. Your current $100 investment may be up to $215.2 in 2029.

What will GE stock price be in 2025?

General Electric stock prediction for 1 year from now: $ 213.15 (43.93%) General Electric stock forecast for 2025: $ 261.19 (76.37%)

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 the GE price forecast for 2024?

GE Stock Price Forecast 2024-2025

GE price started in 2024 at $122.50. Today, GE traded at $175.53, so the price increased by 43% from the beginning of the year. The forecasted GE price at the end of 2024 is $266 - and the year to year change +117%. The rise from today to year-end: +52%.

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 $170.6 with a high estimate of $191 and a low estimate of $148.

Is GE a good long term investment?

Is General Electric Stock a Good Buy? Investors are bullish on General Electric stock right now due in part to its compelling guidance. According to consensus estimates, General Electric is forecast to increase revenue from $68 billion in 2023 to $78 billion in 2025.

What is the future prospect for GE?

Future Growth

General Electric's revenue and earnings are forecast to decline at 10.9% and 3.2% per annum respectively. EPS is expected to decline by 3.6% per annum. Return on equity is forecast to be 21% in 3 years.

Is GE worth buying?

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.

Who owns the most GE stock?

The top shareholders of General Electric are Vanguard, Capital Research Global Investors, and BlackRock. The top individual shareholders are Edward Garden, H. Lawrence Culp, and Russel Stokes.

What is the target price for GE?

Is GE stock a buy or sell?

General Electric has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.

Will gas be cheaper in 2024?

EIA expects average U.S. gasoline and diesel prices to decrease in 2024 and 2025. In our January Short-Term Energy Outlook (STEO), we expect average U.S. retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity.

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.

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.

What is the 1 year target estimate of a stock?

A price target represents an analyst's estimate of the future price of a stock or other security. For stock analysts, the timeline is generally 12 to 18 months, but technical traders also use price targets.

Is GE going to split?

GE first announced its decision to split into three companies focusing on aviation, healthcare and energy, respectively, in 2021.

Does GE pay a good dividend?

Dividend Data

General Electric Company's ( GE ) dividend yield is 0.22%, which means that for every $100 invested in the company's stock, investors would receive $0.22 in dividends per year. General Electric Company's payout ratio is 6.21% which means that 6.21% of the company's earnings are paid out as dividends.

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.

Will GE stock split into 3 companies?

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.

Why is GE stock so high?

Investors liked the look of the company's ongoing earnings and its forthcoming spinoff, GE Vernova. Shares of industrial giant General Electric (GE -3.19%) soared by 18.5% in February, according to data from S&P Global Market Intelligence.

What will happen to GE shares?

No, the number of shares of GE common stock you own will not change as a result of the planned spin-off of GE Vernova. Unless you sell or otherwise dispose of your shares of GE common stock, your balance before and after the spin-off will remain the same.

Does Warren Buffett own GE?

Warren Buffett's Berkshire Hathaway sold its stake in General Electric as of the end of June, according to a regulatory filing on Monday. The conglomerate had previously held 10.6 million shares of GE, according to its regulatory disclosure in May. John Flannery became CEO of General Electric on Aug.

What will happen to GE stock after spinoff?

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.

Does GE have a lot of debt?

Total debt on the balance sheet as of December 2023 : $22.93 B. According to General Electric's latest financial reports the company's total debt is $22.93 B. A company's total debt is the sum of all current and non-current debts.

What caused GE stock to fall?

GE's decline accelerated during the Great Recession, as the financial crisis revealed that it was overstretched.