Analyst Consensus ?
ConsensusBuy18 ratings
Bullish1055.6%
Neutral844.4%
Bearish00.0%
GE HealthCare Technologies Inc. · GEHC · FY2025 Q4 · Calendar Q1 2026
GE HealthCare: Strong Backlog, Maintained 2026 Guidance, Tariff Risks
The current analysis supports a constructive but qualified view: record backlog, new high-margin products, recurring service revenue, and enterprise agreements provide growth support, while maintained guidance and ongoing tariff, China, regulatory, and supply risks argue against treating the trajectory as assured.
Reported Before market openNASDAQHealthcare
$30.10B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.44
Consensus $1.40
EPS surprise
+2.9%
Reported versus consensus
Reported revenue
$5.70B
Consensus $5.61B
Revenue surprise
+1.5%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+4.9%
Event window
SPY move
-0.5%
Same window
Abnormal move
+5.4%
Stock minus SPY
Volume
2.0×
Versus trailing sessions
Subsequent drift
-6.7%
Up to 20 sessions
GEHCSPY benchmark
Ask FN2 about GEHC FY2025 Q4
Transcript, numbers and history already loaded
Why did GEHC rise 4.9% after beating EPS estimates in FY2025 Q4?What changed in GEHC's guidance and outlook in FY2025 Q4?Give me the bull and bear case for GEHC after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The current quarter showed 4.8% organic Q4 revenue growth and a record $21.8 billion backlog. Management maintained FY 2026 guidance, highlighted new product and service initiatives, and identified tariffs, China, regulatory timing, and Flaccato supply as ongoing execution variables.
Guidance delta
Maintained: FY 2026 organic revenue growth of 3–4%, EPS of $4.95–$5.15, and free cash flow of $1.7 billion.
Key takeaways
- Q4 revenue grew 4.8% organically, and backlog reached a record $21.8 billion.
- New imaging products, service revenue, and the IntelliRed acquisition are central to the growth plan.
- Tariff expense of roughly $100 million reduced adjusted EBIT margin by 200 basis points.
- China, regulatory timing, supply constraints, and order composition remain key watch points.
Management priorities
- Commercialize Photonovo Spectra photon-counting CT, Vivid Pioneer, and other new products.
- Expand recurring service revenue and AI-enabled offerings, including through the planned IntelliRed acquisition.
- Scale the Flaccato dose-delivery platform and improve operating efficiency through the HeartBeat system.
- Manage tariff exposure while pursuing enterprise agreements across the US, EMEA, and other markets.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$66.78Current
$65Low
$86.31Average
$110High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 28, 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 |
|---|---|---|---|---|
| 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 |
| Citigroup | Neutral | Neutral | 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 current price $66.78. 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 | +39.3% | Sep 22, 2026 |
| Evercore ISI | Analyst unavailable | $84 | $69.06 | +25.8% | Jul 30, 2026 |
| BTIG | Analyst unavailable | $79 | $71.54 | +18.3% | Jul 29, 2026 |
| UBS | Analyst unavailable | $67 | $64.23 | +0.3% | Jul 16, 2026 |
| BTIG | Ryan Zimmerman | $75 | $64.7 | +12.3% | Jul 13, 2026 |
| BMO Capital | Analyst unavailable | $70 | $64.68 | +4.8% | Jul 8, 2026 |
| RBC Capital | Analyst unavailable | $80 | $60.64 | +19.8% | Jun 23, 2026 |
| UBS | Graham Doyle | $69 | $64.26 | +3.3% | May 21, 2026 |
| Evercore ISI | Analyst unavailable | $80 | $59.81 | +19.8% | Apr 30, 2026 |
| Oppenheimer | Suraj Kalia | $85 | $60.04 | +27.3% | Apr 30, 2026 |
| Barclays | Matt Miksic | $78 | $59.48 | +16.8% | Apr 30, 2026 |
| Goldman Sachs | David Roman | $65 | $59.48 | -2.7% | Apr 30, 2026 |
| Stifel Nicolaus | Analyst unavailable | $80 | $60.06 | +19.8% | Apr 29, 2026 |
| Piper Sandler | Analyst unavailable | $88 | $73.2 | +31.8% | Apr 17, 2026 |
| Mizuho Securities | Analyst unavailable | $90 | $72.69 | +34.8% | Apr 13, 2026 |
| Barclays | Analyst unavailable | $87 | $82.31 | +30.3% | Feb 6, 2026 |
| Stifel Nicolaus | Rick Wise | $98 | $82.63 | +46.8% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $85 | $82.63 | +27.3% | Feb 4, 2026 |
| BTIG | Ryan Zimmerman | $91 | $83.7 | +36.3% | Feb 4, 2026 |
| Piper Sandler | Analyst unavailable | $94 | $78.78 | +40.8% | Jan 30, 2026 |
| UBS | Analyst unavailable | $77 | $85.3 | +15.3% | Jan 15, 2026 |
| Goldman Sachs | Analyst unavailable | $98 | $88.16 | +46.8% | Jan 9, 2026 |
| Stifel Nicolaus | Analyst unavailable | $95 | $86.73 | +42.3% | Jan 7, 2026 |
| Evercore ISI | Analyst unavailable | $95 | $84.2 | +42.3% | Jan 5, 2026 |
| Jefferies | Analyst unavailable | $105 | $85.54 | +57.2% | Dec 11, 2025 |
| Stifel Nicolaus | Rick Wise | $90 | $76.29 | +34.8% | Nov 21, 2025 |
| Wells Fargo | Larry Biegelsen | $87 | $77.38 | +30.3% | Oct 30, 2025 |
| BTIG | Analyst unavailable | $87 | $77.38 | +30.3% | Oct 29, 2025 |
| BTIG | Ryan Zimmerman | $89 | $71.01 | +33.3% | Oct 13, 2025 |
| Barclays | Analyst unavailable | $86 | $71.01 | +28.8% | Oct 13, 2025 |
| Morgan Stanley | Analyst unavailable | $74 | $74 | +10.8% | Sep 18, 2025 |
| UBS | Graham Doyle | $73 | $69.37 | +9.3% | May 5, 2025 |
| BTIG | Ryan Zimmerman | $95 | $64.39 | +42.3% | Apr 14, 2025 |
| Piper Sandler | Jason Bednar | $97 | $82.08 | +45.3% | Nov 15, 2024 |
| UBS | Graham Doyle | $74 | $93.01 | +10.8% | Sep 26, 2024 |
| Bank of America Securities | Craig Bijou | $97 | $90.62 | +45.3% | Sep 20, 2024 |
| BTIG | Ryan Zimmerman | $100 | $86.79 | +49.7% | Sep 18, 2024 |
| Goldman Sachs | David Roman | $87 | $78.45 | +30.3% | May 30, 2024 |
| Piper Sandler | Jason Bednar | $92 | $81.5 | +37.8% | May 21, 2024 |
| Mizuho Securities | Anthony Petrone | $105 | $77.74 | +57.2% | May 1, 2024 |
| Evercore ISI | Vijay Kumar | $96 | $76.24 | +43.8% | Apr 30, 2024 |
| Mizuho Securities | Anthony Petrone | $110 | $85.39 | +64.7% | Apr 11, 2024 |
| Argus Research | David Toung | $110 | $90.91 | +64.7% | Apr 1, 2024 |
| UBS | Graham Doyle | $88 | $83.17 | +31.8% | Feb 12, 2024 |
| Morgan Stanley | Patrick Wood | $76 | $77.17 | +13.8% | Jun 27, 2023 |
| Oppenheimer | Suraj Kalia | $97 | $77 | +45.3% | 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 |
Latest beats and misses
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Get the GEHC recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
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 · 2026-09-28T21:10:57.360012+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-28T21:10:57.356973+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 2026-09-28. For educational purposes only; not investment advice.