What is the projected stock price for GE?
The average price target for GE Aerospace is $169.93. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $195.00 ,the lowest forecast is $148.00. The average price target represents 9.99% Increase from the current price of $154.49.
Is GE stock expected to go up?
GE Stock Price Forecast 2024-2025
Today, GE traded at $154.63, so the price increased by 21% from the beginning of the year. The forecasted GE price at the end of 2024 is $220 - and the year to year change +72%. The rise from today to year-end: +42%. In the middle of 2024, we expect to see $177.
What will GE stock be worth in 5 years?
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 261.19 | 76.37% |
| 2026 | $ 460.68 | 211.08% |
| 2027 | $ 812.52 | 448.67% |
| 2028 | $ 1,433.08 | 867.71% |
What is the GE stock price forecast for 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.
What is GE prediction for 2025?
Free cash flow for 2025 is expected to come in at $1.2 billion to $1.8 billion, up from a range from $0.7 billion to $1.1 billion for 2024. Eventually, GE Vernova sees Ebitda margins hitting 10%, which should drive Ebitda growth of roughly 15% a year on average for the coming five years.
Is GE a good buy right now?
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.
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.
Should I sell or hold GE stock?
Is GE a Buy, Sell or Hold? GE Aerospace has a conensus rating of Strong Buy which is based on 14 buy ratings, 2 hold ratings and 0 sell ratings. The average price target for GE Aerospace is $169.93. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
What will happen to my GE stock when it splits?
In the spin-off, GE will distribute to its shareholders all of the outstanding shares of GE Vernova common stock. Holders of GE common stock will receive one share of GE Vernova common stock for every four shares of GE common stock held as of the close of business on the record date, March 19, 2024.
What is the GE dividend forecast for 2024?
GE Aerospace expects to generate more than $5 billion in 2024 free cash flow, which implies more than $3.7 billion to distribute. The payout of 28 cents a share will amount to about $300 million.
What is the future of GE?
On November 9, 2021, GE announced its plan to form three independent, industry-leading, investment-grade public companies: (i) GE Aerospace, (ii) GE HealthCare, and (iii) GE's energy business, GE Vernova.
What is the future prospect for GE?
Future Growth
General Electric's revenue and earnings are forecast to decline at 10.2% and 0.8% per annum respectively. EPS is expected to decline by 2% per annum. Return on equity is forecast to be 21% in 3 years.
How much did GE stock cost in 2005?
The closing price for General Electric (GE) between 1980 and 2005 was $131.12, on December 30, 2005.
How high is Apple stock expected to go?
Apple Stock Forecast
The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.93, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 24.20% from the current stock price of 165.00.
How many shares of GEV will I get?
Holders of GE common stock will be 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. The distribution is expected to occur before U.S. market open on April 2, 2024.
What is the NIO prediction for 2050?
If Nio trades at 6 times sales and steadily grows its revenue at a compound annual growth rate (CAGR) of 12% from $7.8 billion in 2023 to $166.7 billion in 2050, it could be worth $1 trillion by the final year.
Is GE a good dividend stock?
Dividend Yield vs Market
Notable Dividend: GE's dividend (0.2%) isn't notable compared to the bottom 25% of dividend payers in the US market (1.58%). High Dividend: GE's dividend (0.2%) is low compared to the top 25% of dividend payers in the US market (4.88%).
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.
Is General Electric owned by a Chinese company?
Is GE owned by a Chinese company? The Chinese company Haier had then bought the General Electric Appliances division for 5.4 billion dollars. Since 2016, the GE appliances are owned by Haier.
Who did GE sell GE Capital to?
GE Capital Real Estate was sold to The Blackstone Group and Wells Fargo. The majority of GE Commercial Lending & Leasing was sold to Wells Fargo. Operations in Germany and France were sold to Crédit Mutuel. Operations in Australia were sold to Sankaty Advisors.
How much debt does General Electric company have?
| Year | Total debt | Change |
|---|---|---|
| 2022-12-31 | $26.14 B | -31.25% |
| 2021-12-31 | $38.03 B | -51.3% |
| 2020-12-31 | $78.09 B | -14.07% |
| 2019-12-31 | $90.88 B | -12.27% |
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.
Is GE stock a good long term investment?
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.
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.
