General Electric (GE) Stock Forecast & Price Target

$185.11

-1.05 (-0.56%)

(As of 09:56 AM ET)

General Electric - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Based on 15 Wall Street analysts who have issued ratings for General Electric in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 1 has given a hold rating, and 14 have given a buy rating for GE.

Consensus Price Target

$191.14
3.26% Upside

High Forecast	$211.00
Average Forecast	$191.14
Low Forecast	$160.00

According to the 15 analysts' twelve-month price targets for General Electric, the average price target is $191.14. The highest price target for GE is $211.00, while the lowest price target for GE is $160.00. The average price target represents a forecasted upside of 3.26% from the current price of $185.11.

Type	Current Forecast 9/21/23 to 9/20/24	1 Month Ago 8/22/23 to 8/21/24	3 Months Ago 6/23/23 to 6/22/24	1 Year Ago 9/21/22 to 9/21/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)	10 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$191.14	$190.38	$181.48	$150.36
Forecasted Upside	3.26% Upside	18.81% Upside	16.24% Upside	14.50% Upside

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GE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

General Electric Stock vs. The Competition

Type	General Electric	Transportation Companies	S&P 500
Consensus Rating Score	2.93	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	2.68% Upside	28.95% Upside	6.75% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/10/2024	Sanford C. Bernstein 3 of 5 stars	D. Harned Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$201.00	+21.56%
7/30/2024	Barclays 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$175.00 ➝ $200.00	+17.72%
7/24/2024	Royal Bank of Canada 4 of 5 stars	K. Herbert Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$175.00 ➝ $190.00	+14.84%
7/24/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$192.00 ➝ $205.00	+22.35%
7/1/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$201.00 ➝ $209.00	+31.41%
6/28/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$185.00 ➝ $190.00	+19.24%
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6/10/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$195.00 ➝ $209.00	+28.30%
5/13/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$148.00 ➝ $175.00	+8.50%
4/25/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$120.43 ➝ $186.00	+15.34%
4/24/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$170.00 ➝ $180.00	+12.97%
4/24/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$165.00 ➝ $180.00	+13.63%
4/24/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$190.00 ➝ $211.00	+34.77%
4/9/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$175.00 ➝ $180.00	+15.00%
4/4/2024	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$160.00	+9.87%
3/5/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform
8/10/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$152.87 ➝ $156.62	+11.44%
6/28/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$134.07 ➝ $156.62	+19.14%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:20 AM ET.

GE Forecast - Frequently Asked Questions

What is General Electric's forecast for 2024?: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for General Electric is $191.14, with a high forecast of $211.00 and a low forecast of $160.00.
Should I buy or sell General Electric stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Electric in the last year. There is currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GE shares.
Does General Electric's stock price have much upside?: According to analysts, General Electric's stock has a predicted upside of 19.01% based on their 12-month stock forecasts.
What analysts cover General Electric?: General Electric has been rated by research analysts at Barclays, Jefferies Financial Group, Royal Bank of Canada, Sanford C. Bernstein, UBS Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like General Electric more than its competitors?: Analysts like General Electric more than other "transportation" companies. The consensus rating score for General Electric is 2.93 while the average consensus rating score for "transportation" companies is 2.56. Learn more on how GE compares to other companies.