Based on the provided data and technical analysis, here is the prediction for GE's stock price next week:
Technical Analysis
The stock is showing signs of being overbought with an RSI of 73.02 , indicating potential short-term pullback. The stock closed at $196.75 on January 24th after reaching a high of $203, showing some profit taking.
News Sentiment
Price Target Analysis
Next Week's Price Prediction:
Trading Recommendation: SELL at current levels ($196.75) with target of $190. The stock appears overbought after recent rally and insider selling suggests potential near-term weakness. Set stop loss at $203 (recent high).
The price of GE is predicted to go up 11.55%, based on the high correlation periods with FARM. The similarity of these two price pattern on the periods is 97.66%.
GE
FARM
Year
GE Price Forecast($)
Potential Return(%)
2025
185.000
7.580
2026
190.000
10.490
2027
250.000
45.380
2028
210.000
22.120
2029
250.000
44.970
2030
250.000
44.970
Bears vastly underestimate the incremental profits GE will make from operating leverage as commercial aerospace fully recovers and its Leap engine aftermarket program enters its profitable phase.
The Leap engine is installed on a growing majority of the popular Airbus A320neo family, compounding GE's prospects for decades of profitable service revenue from its large installed fleet of engines.
Even the fleet of older engines like the GE90, which went into service in 1995 and powers about half of Boeing 777s, has yet to see most of its shop visits to GE.
RBC Capital
Price Target
$200 → $220
Upside
+11.82%
UBS
Price Target
$215 → $235
Upside
+19.44%
JP Morgan
Price Target
$190 → $210
Upside
+6.73%