General Electric (GE) Stock Price Forecast for 2024, 2025-2026, and Beyond | LiteFinance (2024)

General Electric (GE) is a prominent focus for investors in the dynamic world of stock trading, especially as we look towards 2024 and the following years. The prevailing question is: will GE's stock prices climb or descend in the upcoming periods? Various expert analyses show a shared sentiment of bullish optimism about GE's future stock performance.

Forecasts from Gov.Capital, CoinPriceForecast, and WalletInvestor collectively suggest a positive trajectory for GE's stock. These predictions are grounded in comprehensive market analysis, considering market trends, technical indicators, and sector dynamics. They paint a picture of GE not just as a solid investment in the short term but as a potentially lucrative addition to portfolios over the next several years.

This article aims to provide a nuanced exploration of GE's stock potential, balancing technical analysis with market trends to guide investors in their decision-making process. Whether considering buying or selling general electric stock, this article will serve as an essential resource, offering insights into the stock's future without delving into the minutiae of numbers but focusing on the broader investment narrative.

Main takeaways: GE Stock Forecast 2024-2030

• 2024 Predictions:
  • General Electric's (GE) stock price is forecasted to follow a bullish trajectory in 2024 and beyond, potentially reaching prices between $120 and $207 per share.
• 2025 Predictions:
  • Forecasted price range of $154-$185 per share in 2025, with the potential to reach $277 by 2028.
  • Bullish projections of over 50% increase by 2025 and continued growth driven by aviation & financial improvements.
• Technical analysis shows GE stock breaking out of a long-term bearish trend that started in 2016.
• Long-term predictions for 2030 indicate steady price appreciation, potentially reaching $300 per share.
• GE's future stock movement will depend on dynamics in sectors like aviation, the ability to evolve business for sustainability, investor confidence, etc.

GE Stock Price Today Coming Days and Week

When analyzing General Electric's stock price for the upcoming days, consider the following technical analysis tools:

• Moving Averages (MA): Short-term MAs (like 5-day and 10-day) can help identify the immediate trend and potential crossover points, signaling buy or sell opportunities.
• Relative Strength Index (RSI): An RSI value above 70 indicates overbought conditions, while below 30 suggests oversold, potentially heralding a price direction change.
• MACD (Moving Average Convergence Divergence): Look for MACD and signal line crossovers, and pay attention to the histogram for momentum indicators.
• Bollinger Bands: These can indicate market volatility. Prices pushing the upper or lower band may signal overextended moves, hinting at potential reversals.
• Volume Analysis: Confirm price movements with volume analysis; rising prices on increasing volume can confirm bullish trends, and vice versa for bearish trends.
• Fibonacci Retracement Levels: Use these to identify potential support and resistance levels based on previous price movements, offering targets for short-term trading.

When projecting the price of General Electric Corporation for the upcoming week, focus on these aspects:

• Corporate Announcements: Be aware of any scheduled releases from GE, such as earnings reports or strategic updates, which can significantly impact stock prices.
• Economic Data: Consider broader economic indicators that might affect GE, including manufacturing data, energy prices, and interest rate changes, given GE's diverse industrial operations.
• Sector Performance: Analyze the performance of the industrial sector and related segments like aviation and energy, as trends here can directly influence GE's stock.
• Technical Indicators: Utilize technical analysis tools such as Moving Averages for trend analysis, RSI for market momentum, and MACD for potential buy/sell signals.
• Market Sentiment: Gauge investor sentiment towards GE, influenced by news coverage, analyst ratings, and market trends.
• Volume Analysis: Check trading volume as an indicator of the strength behind potential price movements; increasing volume with price movement suggests a stronger trend.
• Global Events: Monitor news for events that could indirectly impact GE, such as geopolitical developments or major agreements in industries where GE operates.

Considering these factors together can offer a comprehensive view for predicting GE's stock price movement over the week.

General Electric Stock Price: Where Is It Now?

The General Electric stock price for today (16.03.2024) is $169.02. You can refer back to this article to see The General Electric stock price tomorrow.

Below is an interactive GE-to-dollar real time price chart that shows the GE stock rate for buying and selling.

At the end of February, the GE stock price reached its highest level in more than two years. After that, the rise has eased a bit. But despite the drop, General Electric is still on the right path, and the overall progress is undeniable.

It allows us to believe in further progress down the line.

Expert Predictions on the GE Stock Price in 2024

Let's take a look at expert forecasts for the GE rate in 2024.

Gov Capital's 2024 Forecast for General Electric’s Stock Price

Price Range for 2024: $97.70–$ 207.49

Gov Capital's forecast for General Electric (GE) stock in 2024 shows a strong bullish trend, predicting an increase from the current $169.02 to approximately $180.41 by year-end. This over 50% anticipated growth is based on a deep learning algorithm considering market trends and volume changes. The prediction suggests GE is a highly promising investment for substantial short-term returns.

CoinPriceForecast's 2024 Forecast for General Electric’s Stock Price

Price Range for 2024: $132–$143

The CoinPrice Forecast projects a positive trend for General Electric (GE) stock in 2024, with an expected mid-year price of $132 and an end-of-year target of $143, marking a roughly 19% increase from the current price level. This prediction is part of a broader bullish outlook for GE, with continuous updates reflecting the latest market movements. The forecast, indicating steady growth, is particularly relevant for investors and analysts focusing on long-term portfolio growth.

WalletInvestor's 2024 Forecast for General Electric’s Stock Price

Price Range for 2024: $122.703–$154.298

WalletInvestor predicts a positive General Electric (GE) stock trend in 2024, with a significant annual increase. The forecast starts at $122.703 in January, steadily rising each month, and culminates at $154.098 by December. This projection suggests substantial growth for GE stock, supported by regular updates based on technical market analysis. The analysis indicates GE as a promising investment for long-term growth, providing valuable insights for investors monitoring both short-term and long-term market trends.

General Electric (GE) Stock Technical Analysis

Technical analysis of General Electric shares involves the use of various indicators on different timeframes in combination with candlestick analysis. This method helps in achieving both short-term and long-term targets.

• For short-term #GE trading, as well as intraday trading, it is necessary to use timeframes from M3 to H1. Lower timeframes are characterized by a high level of market noise, which carries certain risks and must be taken into account when trading.
• To minimize losses, first of all, it is recommended to analyze higher timeframes. First, determine the market phase and support/resistance levels, and then look for entry points on lower time frames.
• Medium-term targets involve the use of timeframes from H1 to D1. Using them, you can determine levels with higher liquidity, as well as buy and sell zones. In addition, candlestick patterns and price patterns on these time frames provide more accurate signals for a reversal, correction, or continuation of a trend.
• For long-term targets, use timeframes from D1 to MN.

In addition to candlestick analysis, it is recommended to use the following technical tools:

1. The MACD indicator allows traders to determine trend reversal points, as well as the strength of price dynamics.
2. The RSI indicator helps to identify overbought and oversold levels, which can also signal price reversals. Stochastic oscillators such as MACD and RSI are more effective in asset consolidation zones. They also allow traders to identify hidden divergences, which is an additional signal confirming a price reversal.
3. The crossover of moving averages MA acts as a signal for a price reversal. In addition, MAs allow traders to determine the strength of the trend and the future direction of asset prices.

General Electric stock price analysis for 3 months

Let's look at charts D1 and W1 to determine the future dynamics of General Electric shares.

The daily chart shows a steady uptrend that began in October 2022. This was confirmed by the golden cross that appeared in December of the same year. Since then, GE's share price has more than doubled and is currently at 133.48.

The short-term MA50 is above the long-term MA200, but the range between the moving averages is decreasing, which indicates that the bulls are weakening. The MACD indicator is within 0, while the RSI indicator shows that the instrument is trading within the overbought range. In addition, the RSI shows a bearish divergence, which indicates sellers' prevalence.

In the weekly chart, the RSI indicator shows a bearish divergence more clearly. In addition, stock prices are forming dark cloud cover, abandoned baby, and bearish engulfing reversal candlestick patterns in the range of 105.91-127.23. The combination of such patterns warns market participants about the weakening of the bulls and the strengthening of the bears.

A breakout of the lower border of the trend and price consolidation below the level of 117.54 may trigger the opening of short trades in the next three months with a target of 105.91. An alternative scenario implies further development of upward dynamics and price consolidation above 141.66 with a target of 153.43.

Long-term General Electric stock price analysis for 2024

Let's analyze the monthly chart to determine the future dynamics of General Electric shares for 2024.

MA200 in the monthly timeframe is still above the short-term MA50, but the range is narrowing. The price has consolidated above the 200-day moving average, which may indicate greater interest among traders in purchases. In addition, a bullish engulfing pattern has been formed, which confirms buyers’ intentions to move the price higher.

The MACD indicator is stably in the positive zone, but is declining. The RSI indicator has entered the overbought zone, which warns traders about a possible reversal or price correction. The level of 117.54 still serves as the key level of support for buyers. Its breakout can trigger a further price decline to the level of 105.91 and below.

The level of 141.66 serves as resistance for the bulls. Its breakout will allow the price to move higher to the zone of 153.43-163.01.

General Electric stock price expectations for 2024

The 2024 price forecast for General Electric Inc. (#GE) is presented in the table below.

By the end of the year, the stock price is expected to rise to a high of 173.01. GE's rate also depends on the fundamental factors that affect the company. Given the current geopolitical situation and high inflation in many countries, the market situation may change radically. Therefore, traders also need to monitor the company’s performance, the release of important data and the political situation in the world.

Long-term trading plan for General Electric Corporation (#GE)

The analysis provided us with trading signals and key levels that can be used in long-term strategies.

Trading plan for 3 months

Let's make a trading plan for the next three months.

• Key resistance levels are 141.66 and 153.43.
• Key support levels are 127.23 and 117.54.
• Enter purchases after the price consolidates above the level of 141.66 with a target of 153.43.
• After breaking out the level of 127.23 and consolidating the price below, open short trades with a target of 117.54.
• The level of 117.54 serves as the upper border of the long-term consolidation range, which indicates a large accumulation of the asset in this zone. It serves as a major support line for the bulls, so it is possible to enter purchases here.

Trading plan for 2024

Below is a trading plan for the coming year based on #GE technical analysis.

• The asset is expected to grow to 173.01 by the end of the year.
• Key resistance levels for the bulls are 141.66, 153.43 and 163.01.
• The key support lines are still the levels 127.23 and 117.54.
• After the price rises to the level of 153.43, in a positive scenario, expect a correction around 141.66.
• If the lower border of the trend is broken out and the price consolidates below 127.23, the price will drop to the zone of 117.54-105.91.

General Electric (GE) Forecast for 2025

Let's take a look at expert forecasts for the GE rate in 2025.

Gov Capital's 2025 Forecast for General Electric’s Stock Price

Price Range for 2025: $148.019–$ 267.22

The analysis from Gov.Capital focuses on a significant increase to $265.78 by the end of 2025 and an ambitious rise to $514.35 by 2028. Employing a deep learning algorithm, they analyze factors like market cycles and volume changes to make these predictions. The overall trend for 2025 is considered bullish and reflects a strong optimism about GE's stock performance in the mid-term.

CoinPriceForecast's 2025 Forecast for General Electric’s Stock Price

Price Range for 2025: $143–$182

The CoinPrice Forecast projects a substantial growth for General Electric (GE) stock in 2025, envisioning it to reach $157 by mid-year and $182 by year-end. This forecast represents a 52% increase from the current price. Based on technical analysis and market trends, their analysis suggests a bullish outlook for GE, indicating a consistent upward trend in the following years.

WalletInvestor's 2025 Forecast for General Electric’s Stock Price

Price Range for 2025: $154.16–$185.43

Walletinvestor.com predicts a steady rise in GE's stock price in 2025, with an opening price of $154.16 in January and closing at $185.44 in December. Their long-term forecast indicates a potential price of $277.11 by 2028. Using smart technical analysis, updated every 5 minutes, their predictions underscore GE as a favorable long-term investment.

General Electric (GE) Price Prediction for 2026

Let's take a look at expert forecasts for the GE rate in 2026.

WalletInvestor's 2026 Forecast for General Electric’s Stock Price

Price Range for 2026: $188.640–$220.030

WalletInvestor projects GE's stock will steadily climb from $188.640 in January 2026 to $220.030 by December 2026. This forecast shows monthly growth between 0.56% to 2.68 %, with an overall increase of 20% across 2026.

CoinPriceForecast's 2026 Forecast for General Electric’s Stock Price

Price Range for 2026: $198 – $228

CoinPrice Forecast estimates GE's mid-year stock price to reach $198 in 2026, culminating at $228 by year-end. This bullish projection represents a substantial 76% increase over the current price, underscoring optimism in long-term growth.

Long-Term GE Stock Forecast for 2027-2030

The long-term forecast for General Electric (GE) stock from 2027 to 2030, as analyzed by various expert sources, indicates a bullish trend. Projections from CoinPrice Forecast, Gov Capital, and Walletinvestor.com collectively suggest significant growth, with predictions emphasizing a steady increase in stock prices over this period. These optimistic forecasts highlight GE's potential for robust performance in the coming years.

General Electric: Historical Stock Quote Prices

General Electric (GE) has exhibited a rollercoaster ride in its stock price over the past decades, reflecting the dynamic and often unpredictable nature of the stock market. GE's historical stock quote prices reveal a journey marked by significant highs and lows. For instance, the stock peaked in 2000 at $255.92, only to experience a dramatic fall to $87.44 in 2008, illustrating the impact of the global financial crisis.

The subsequent years saw a gradual recovery, with the GE stock price prediction oscillating and showing resilience in the face of market volatility. By 2021, the stock price had stabilized to a certain extent, closing the year at $93.83, up 9.69% from the previous year. This historical data is crucial for investors and analysts to predict GE's future performance.

What Can Drive the GE Stock Price: Factors to Consider

Despite a notable performance in 2019, the question remains: can GE orchestrate a remarkable turnaround?

• Geopolitical Dynamics: GE's stock may be impacted by global political events and international relations that could affect GE's aviation and military segments, potentially leading to stock price fluctuations.
• Relevance of GE's Power Segment: The shift towards renewable energy and environmental sustainability is vital. GE's ability to adapt its power segment to these changes while balancing the ongoing relevance of traditional energy sources will be crucial for its stock performance.
• Institutional Investments and Trust: Institution to predict level and confidence can significantly impact GE's stock, as it reflects broader market trust in the company's future.
• Global Market Changes: Fluctuations in global trade policies, economic conditions, and market dynamics could have a direct impact on GE's business and, consequently, its stock price.

Conclusion: Is General Electric's Stock a Good Investment?

General Electric (GE) stock appears to be a promising investment for 2024 and the following years. Expert forecasts and technical analyses project a bullish trajectory, with significant growth anticipated in the short and long term. Key factors driving this optimism include advancements in GE's operational segments and a solid financial foundation.

Looking towards 2024, 2025, and beyond 2030, the expectations for GE's stock price remain positive, suggesting robust performance and potential for substantial price increases. While these predictions paint GE stock as a viable investment option, investors should carefully consider market uncertainties and align these forecasts with their investment strategies.

Price chart of GE in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.