The company offers a wide range of products and services from aircraft engines and systems, healthcare systems and pharmaceutical diagnostics, power generation, and oil and gas production equipment to medical imaging, financing and industrial products.

/ˌdʒenrəl ɪˈlektrɪk/ /ˌdʒenrəl ɪˈlektrɪk/ (abbreviation GE) ​a US company that produces electrical products and aircraft engines, and is involved in many other business activities.

The General Electric Company (GE) is an American multinational company. For more than 130 years, GE has invented the future of industry. Today, GE is best known for its work in the Power, Renewable Energy, and Aerospace industries.

GE got into computer manufacturing because in the 1950s they were the largest user of computers outside the United States federal government, aside from being the first business in the world to own a computer. Its major appliance manufacturing plant "Appliance Park" was the first non-governmental site to host one.

Great news for investors – General Electric is still trading at a fairly cheap price. According to my valuation, the intrinsic value for the stock is $154.61, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.

The result of GE's seamless, constant reinvention of itself is that while companies are constantly emulating GE, they're frequently a step or more behind, and they know it. That's another reason they consistently admire the company. GE does one more big thing: develop people, evaluate them, and act on the results.

General Electric's innovations span a wide array of technological and industrial fields, including: Hydroelectric power. GE's products include digital hydro plants, large hydro turbines, large hydro generators, hydro control systems, and hydro mechanical equipment. Gas power.

General Electric Co (NYSE:GE) Institutional investors hold a majority ownership of GE through the 76.85% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Aerospace & Defense industry.

The company's renewable energy business has been facing challenges due to inflation and supply chain pressures. The unit reported a loss of $2.2 billion in 2022. It is reducing global headcount at the onshore wind unit by about 20% as part of a plan to restructure and resize the business.

GE's fall is not the result of innovators developing a better jet engine or wind turbine. It's also not a case of outright fraud, like Enron. It's a textbook case of mismanagement of an overly complex business. Only a few people saw it coming (including one, ironically, from J.P. Morgan's namesake bank).

General Electric on Monday revealed the names of the three distinct companies that will result from the conglomerate's historic split. The resulting businesses will be named GE HealthCare, GE Aerospace and GE Vernova. GE HealthCare will be listed on the Nasdaq Stock Market.

Stock Price Forecast The 15 analysts offering 12-month price forecasts for General Electric Co have a median target of 132.00, with a high estimate of 141.00 and a low estimate of 115.00. The median estimate represents a +18.55% increase from the last price of 111.35.