If you’re seeking insights into the GE Stock Price Prediction or exploring the potential of GE stock, this price prediction could provide valuable guidance. Our GE Stock Price Prediction relies on thorough technical analysis and the historical performance of GE (General Electric Co. ) Stock. In this article, we aim to delve into the long-term prospects of GE Stock.
About of General Electric Co – GE Stock
General Electric Company (GE), established in 1892, stands as a diversified American multinational conglomerate that has left an indelible mark on various industries throughout its extensive history. Let’s delve deeper into the essence of GE:
Core Businesses: (Though historically broad, GE has undergone restructuring)
- Aviation: GE Aviation holds a prominent position globally in the development and manufacture of jet engines, catering to both commercial and military aircraft.
- Power: GE Power encompasses a spectrum of equipment, solutions, and services spanning the energy value chain, from generation, including renewable energy, to consumption.
- Renewable Energy: GE Renewable Energy is at the forefront of providing wind turbines, hydropower solutions, and grid technologies to facilitate the transition toward sustainable energy sources.
- Healthcare: Though no longer a central focus, GE Healthcare delivers cutting-edge medical imaging equipment and technologies utilized in hospitals and clinics worldwide. (This division was spun off in 2023)
Historical Significance:
- GE boasts a rich legacy of innovation, with notable contributions across diverse sectors, including:
- Pioneering advancements in light bulbs and electrical grids.
- Revolutionizing home appliances such as washing machines and refrigerators.
- Groundbreaking developments in medical imaging technologies.
- Spearheading advancements in jet engines and aerospace technologies.
Recent Developments:
- In 2023, GE unveiled plans to divide into three distinct publicly traded entities: Aviation, Power, and Renewable Energy, with the objective of streamlining operations and enhancing shareholder value.
Global Presence:
- GE’s footprint spans across more than 170 countries, boasting a vast workforce steeped in a legacy of engineering prowess.
Future Outlook:
- GE’s trajectory moving forward depends on its ability to:
- Sustain competitiveness in the aviation sector.
- Successfully transition towards a more dominant role in renewable energy.
- Navigate the intricate process of separating into three independent companies.
GE Total Revenue and Net Profit This Year
As of today, March 10, 2024, it’s difficult to provide a definitive answer on GE’s total revenue and net profit for the entire year due to the following reasons:
- GE Restructuring: General Electric is undergoing a major restructuring and will be split into three separate companies in 2024 – Aviation, Power, and Renewable Energy.
- This makes it challenging to find consolidated financial data for the entire company for 2024.
However, you can find some resources that might be helpful:
1. GE’s Fourth Quarter 2023 Earnings Report:
- GE released its 2023 financial results in February 2024. These reports include total revenue and net profit figures for the full year 2023.
- You can find them on GE’s Investor Relations website: https://www.ge.com/investor-relations
2. Information on the Separate Companies:
- GE Aviation, GE Power, and GE Renewable Energy will likely release their own financial data after they become independent companies.
- You might need to wait until later in 2024 to find their specific revenue and net profit figures.
GE Stock Price Prediction 2025, 2030, 2035, 2040
| Year | Average | Low | High |
|---|---|---|---|
| 2024 | $180.52 | $126.51 | $180.90 |
| 2025 | $174.68 | $155.00 | $198.44 |
| 2026 | $242.75 | $173.44 | $244.79 |
| 2027 | $236.23 | $233.46 | $261.90 |
| 2028 | $319.18 | $237.12 | $320.09 |
| 2029 | $241.28 | $204.40 | $357.06 |
| 2030 | $284.32 | $239.98 | $314.07 |
| 2035 | $358.69 | $286.27 | $587.07 |
| 2040 | $387.22 | $368.15 | $817.08 |
| 2045 | $963.85 | $811.51 | $966.46 |
| 2050 | $1,053.02 | $931.58 | $1,054.69 |
GE Stock Price Prediction 2024
The average price target stands at $153.70, with a high forecast of $180.90 and a low forecast of $126.51. This average prediction signifies a +7.48% increase from the last recorded price of $167.96. Investors can anticipate potential growth in GE stock, subject to market dynamics and company performance.
GE Stock Price Prediction 2025
projected to achieve an average price of $176.72. The high prediction stands at $198.44, with a low estimate of $155.00. This suggests a +4.00% increase from the last recorded price of $167.96. Investors can anticipate potential growth opportunities in GE stock, considering these forecasts and market trends.
GE Stock Price Prediction 2026
General Electric Co. Stock (GE) is anticipated to average $209.11. Projections span from a high of $244.79 to a low of $173.44, indicating a notable +44.53% surge from the previous price of $167.96. Investors should consider these forecasts along with market trends to make informed decisions regarding GE stock.
GE Stock Price Prediction 2027
In 2027, the average price projection for General Electric Co. Stock (GE) stands at $247.68, with a high forecast of $261.90 and a low forecast of $233.46. This suggests a significant +40.65% increase from the previous price of $167.96. Investors should analyze these forecasts alongside market dynamics for informed decision-making regarding GE stock.
GE Stock Price Prediction 2028
In 2028, General Electric Co. Stock (GE) is projected to attain an average price of $278.61, with a high projection of $320.09 and a low estimate of $237.12. This indicates a substantial +90.03% increase from the previous price of $167.96. Investors should consider these forecasts alongside market trends when making investment decisions.
GE Stock Price Prediction 2029
the average price forecast for General Electric Co. Stock (GE) is $280.73, with a high prediction of $357.06 and a low estimate of $204.40. This indicates a significant +43.66% increase from the preceding price of $167.96. Investors should consider these projections when evaluating their investment strategies.
GE Stock Price Prediction 2030
In 2030, the anticipated average price for General Electric Co. Stock (GE) is $277.03, with a high forecast of $314.07 and a low forecast of $239.98. This indicates a notable +69.28% surge from the preceding price of $167.96. Investors should take note of these forecasts when making investment decisions.
Disclaimer:The information in this article is solely the author’s opinion and does not constitute investment advice; it is provided solely for educational purposes. By using this, you acknowledge that the information does not constitute investment or financial advice. Before making any investment decisions, do your own research and consult with financial advisors.
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