GE HealthCare Technologies Inc. · GEHC · FY2025 Q3 · Calendar Q4 2025
GE HealthCare Raises EPS Guidance as Orders and AI Pipeline Support Growth
GE HealthCare's latest results support a constructive operating picture: demand remained solid, guidance rose, and AI-enabled imaging and radiopharmaceutical products provide growth avenues. The thesis depends on China recovery, Flyrcado execution, tariff mitigation, and conversion of the product pipeline into sustained margin improvement.
Earnings scorecard
Reported versus consensusMarket reaction
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Transcript intelligence
What changed
Compared with the prior quarter, organic growth and orders remained positive, full-year adjusted EPS guidance was raised again, and management highlighted the planned icometrix acquisition, the PCS product-hold resolution, and roughly 50% mitigation of 2025 tariff exposure.
Guidance delta
Full-year adjusted EPS guidance increased at the low end to $4.51-$4.63 from $4.43-$4.63; management continued to target mid-single-digit organic growth.
Key takeaways
- Organic revenue grew 4% year over year and orders grew 6%, with a $21.2 billion backlog.
- Management raised full-year adjusted EPS guidance to $4.51-$4.63 despite an estimated tariff drag of about $0.45 per share.
- AI-enabled product launches, Flyrcado, and China recovery are the main growth levers, with adoption and execution risks still present.
Management priorities
- Scale Flyrcado distribution and continue the rollout of Photon Counting CT and other next-generation imaging platforms.
- Launch a dozen AI-enabled products at RSNA and integrate icometrix tools into MR systems for Alzheimer's care.
- Maintain mid-single-digit organic growth while improving adjusted EBIT margin to 15.2%-15.4%.
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Analyst 52W Price Targets
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 6, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Needham | Buy | Buy | Maintain | Oct 5, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Oct 5, 2026 |
| BTIG | Buy | Buy | Maintain | Sep 17, 2026 |
| UBS | Neutral | Neutral | Maintain | Jul 31, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 30, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Jul 30, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Apr 30, 2026 |
| Goldman Sachs | Neutral | Buy | Downgrade | Apr 30, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Apr 30, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Apr 17, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Apr 13, 2026 |
| Stifel | Buy | Buy | Maintain | Feb 5, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Feb 5, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | Jan 5, 2026 |
| Jefferies | Buy | Buy | Maintain | Dec 11, 2025 |
| Argus Research | Buy | Buy | Maintain | Apr 1, 2024 |
| Oppenheimer | Outperform | Outperform | Maintain | May 16, 2023 |
| Redburn Partners | Buy | Buy | Maintain | Jan 19, 2023 |
| Edward Jones | Hold | Hold | Maintain | Jan 4, 2023 |
Named analyst price targets
Upside is calculated against the persisted previous close $65.74. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Needham | Analyst unavailable | $93 | $64.81 | +41.5% | Sep 22, 2026 |
| Evercore ISI | Analyst unavailable | $84 | $69.06 | +27.8% | Jul 30, 2026 |
| BTIG | Analyst unavailable | $79 | $71.54 | +20.2% | Jul 29, 2026 |
| UBS | Analyst unavailable | $67 | $64.23 | +1.9% | Jul 16, 2026 |
| BTIG | Ryan Zimmerman | $75 | $64.7 | +14.1% | Jul 13, 2026 |
| BMO Capital | Analyst unavailable | $70 | $64.68 | +6.5% | Jul 8, 2026 |
| RBC Capital | Analyst unavailable | $80 | $60.64 | +21.7% | Jun 23, 2026 |
| UBS | Graham Doyle | $69 | $64.26 | +5.0% | May 21, 2026 |
| Evercore ISI | Analyst unavailable | $80 | $59.81 | +21.7% | Apr 30, 2026 |
| Oppenheimer | Suraj Kalia | $85 | $60.04 | +29.3% | Apr 30, 2026 |
| Barclays | Matt Miksic | $78 | $59.48 | +18.6% | Apr 30, 2026 |
| Goldman Sachs | David Roman | $65 | $59.48 | -1.1% | Apr 30, 2026 |
| Stifel Nicolaus | Analyst unavailable | $80 | $60.06 | +21.7% | Apr 29, 2026 |
| Piper Sandler | Analyst unavailable | $88 | $73.2 | +33.9% | Apr 17, 2026 |
| Mizuho Securities | Analyst unavailable | $90 | $72.69 | +36.9% | Apr 13, 2026 |
| Barclays | Analyst unavailable | $87 | $82.31 | +32.3% | Feb 6, 2026 |
| Stifel Nicolaus | Rick Wise | $98 | $82.63 | +49.1% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $85 | $82.63 | +29.3% | Feb 4, 2026 |
| BTIG | Ryan Zimmerman | $91 | $83.7 | +38.4% | Feb 4, 2026 |
| Piper Sandler | Analyst unavailable | $94 | $78.78 | +43.0% | Jan 30, 2026 |
| UBS | Analyst unavailable | $77 | $85.3 | +17.1% | Jan 15, 2026 |
| Goldman Sachs | Analyst unavailable | $98 | $88.16 | +49.1% | Jan 9, 2026 |
| Stifel Nicolaus | Analyst unavailable | $95 | $86.73 | +44.5% | Jan 7, 2026 |
| Evercore ISI | Analyst unavailable | $95 | $84.2 | +44.5% | Jan 5, 2026 |
| Jefferies | Analyst unavailable | $105 | $85.54 | +59.7% | Dec 11, 2025 |
| Stifel Nicolaus | Rick Wise | $90 | $76.29 | +36.9% | Nov 21, 2025 |
| Wells Fargo | Larry Biegelsen | $87 | $77.38 | +32.3% | Oct 30, 2025 |
| BTIG | Analyst unavailable | $87 | $77.38 | +32.3% | Oct 29, 2025 |
| BTIG | Ryan Zimmerman | $89 | $71.01 | +35.4% | Oct 13, 2025 |
| Barclays | Analyst unavailable | $86 | $71.01 | +30.8% | Oct 13, 2025 |
| Morgan Stanley | Analyst unavailable | $74 | $74 | +12.6% | Sep 18, 2025 |
| UBS | Graham Doyle | $73 | $69.37 | +11.0% | May 5, 2025 |
| BTIG | Ryan Zimmerman | $95 | $64.39 | +44.5% | Apr 14, 2025 |
| Piper Sandler | Jason Bednar | $97 | $82.08 | +47.6% | Nov 15, 2024 |
| UBS | Graham Doyle | $74 | $93.01 | +12.6% | Sep 26, 2024 |
| Bank of America Securities | Craig Bijou | $97 | $90.62 | +47.6% | Sep 20, 2024 |
| BTIG | Ryan Zimmerman | $100 | $86.79 | +52.1% | Sep 18, 2024 |
| Goldman Sachs | David Roman | $87 | $78.45 | +32.3% | May 30, 2024 |
| Piper Sandler | Jason Bednar | $92 | $81.5 | +39.9% | May 21, 2024 |
| Mizuho Securities | Anthony Petrone | $105 | $77.74 | +59.7% | May 1, 2024 |
| Evercore ISI | Vijay Kumar | $96 | $76.24 | +46.0% | Apr 30, 2024 |
| Mizuho Securities | Anthony Petrone | $110 | $85.39 | +67.3% | Apr 11, 2024 |
| Argus Research | David Toung | $110 | $90.91 | +67.3% | Apr 1, 2024 |
| UBS | Graham Doyle | $88 | $83.17 | +33.9% | Feb 12, 2024 |
| Morgan Stanley | Patrick Wood | $76 | $77.17 | +15.6% | Jun 27, 2023 |
| Oppenheimer | Suraj Kalia | $97 | $77 | +47.6% | May 16, 2023 |
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Start freeCompany context
Snapshot as of publicationGE HealthCare Technologies Inc. is a global medical technology company that creates, manufactures, and markets a diverse range of medical devices, services, and integrated digital solutions. These offerings are designed to assist in the diagnosis, treatment, and ongoing monitoring of patients. The company boasts an extensive international presence, serving markets across the United States, Canada, Europe, the Middle East, Africa, China, Taiwan, Mongolia, and Hong Kong, among other regions. Its operations are structured across four primary business divisions: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics. The Imaging division specializes in advanced diagnostic imaging technologies, including systems for molecular imaging, Computed Tomography (CT) scans, Magnetic Resonance (MR) imaging, image-guided therapy, and X-ray, alongside specialized women's health products.…
Historical context
All GEHC earningsHealthcare peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| COO The Cooper Companies, Inc. | FY2026 Q3 · Calendar Q3 2026 | +2.7% | -14.7% | CooperCompanies beats expectations as inventory reduction weighs on vision revenue |
| MDT Medtronic plc | FY2027 Q1 · Calendar Q3 2026 | +4.3% | +1.5% | Medtronic raises FY27 outlook as growth broadens across platforms |
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Get the GEHC recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-06T10:50:45.415451+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-06T10:50:45.413634+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-06. For educational purposes only; not investment advice.