General Electric’s (GE, $12.42) Struggling Power Division Gets New Life
The recently announced multibillion-dollar deal between the Iraq government and Siemens and General Electric (GE, $12.42) is a big boost for the struggling power division of both companies, as it lays the foundation for both companies to win many such contracts in the near future.
Slow demand growth in developing nations coupled with an increasing importance of renewable energy had hit both companies hard in the recent times. But this contract to sell power equipment to the nation’s ailing power infrastructure industry is a big win for both.
Despite a closely fought battle between GE and Munich-based Siemens, the latter was in a pole position to win the entire contract worth US$15 billion. However, with the Trump administration’s late intervention in terms of putting pressure on the country’s government to give some more business to GE, the end result was making GE part of the contract.
GE declared that it had signed a principles of co-operation contract to add 14 gigawatts of power generation capacity, with an immediate order for 1.5GW to come into service next summer. Siemens declared to have signed a ‘landmark’ contract to supply Iraq with 11 gigawatts of power generation over the next four years.
GE sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for GE moved above the 200-day moving average on June 15, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GE advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 390 cases where GE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 14 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
GE broke above its upper Bollinger Band on June 15, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. GE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (20.534) is normal, around the industry mean (10.983). P/E Ratio (44.114) is within average values for comparable stocks, (94.507). Projected Growth (PEG Ratio) (8.546) is also within normal values, averaging (4.106). Dividend Yield (0.004) settles around the average of (0.019) among similar stocks. P/S Ratio (7.806) is also within normal values, averaging (37.421).
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Fundamental Analysis Ratings
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General Information
a manufacturer of products for the generation, transmission, distribution, control and utilization of electricity; manufactures aircraft engines and medical equipment
Industry AerospaceDefense
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