US EditionGE HealthCare Just Crashed 13% on a Guidance Cut. Here’s the Case for Buying the Dip
7 Articles
7 Articles
GE HealthCare Just Crashed 13% on a Guidance Cut. Here’s the Case for Buying the Dip
The post GE HealthCare Just Crashed 13% on a Guidance Cut. Here’s the Case for Buying the Dip appeared first on 24/7 Wall St.. Quick Read Seventy percent of Wall Street analysts remain bullish on GE HealthCare (GEHC) after a guidance cut that sent shares to a 52-week low. One segment lost nearly all of its profit in a single quarter. Even so, the company’s order backlog tells a completely different story about where demand is actually headed.…
GE HealthCare’s stock plunges 13% as supply chain costs bite
GE HealthCare has cut its 2026 growth outlook by 3.3% at the top end, citing increasing freight costs for oil and other materials.The post GE HealthCare’s stock plunges 13% as supply chain costs bite appeared first on Medical Device Network.
GE HealthCare Slashes Profit Forecast Amid Inflation
Medical equipment maker GE HealthCare (GEHC.O) has revised its full-year profit forecast downwards, citing persistent inflation-driven cost pressures. The announcement sent its shares tumbling approximately 13% in morning trading on Wednesday. GE HealthCare manufactures a range of diagnostic and imaging equipment vital for healthcare providers globally, from MRI machines to ultrasound systems. The company also reported first-quarter profit figur…
GE HealthCare Technologies Inc. Stock Sinks as Tariffs and Chip Costs Force Profit Cut
GE HealthCare cut its 2026 profit forecast Wednesday, citing higher chip, oil, and freight costs, as well as tariffs and a supplier issue. Shares fell nearly 13% to $59.75. First-quarter revenue rose 7.4% to $5.13 billion, but net income dropped to $389 million from $564 million a year earlier. The company also announced a reorganization, merging its Imaging and Advanced Visualization units. The post GE HealthCare Technologies Inc. Stock Sinks a…
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