JPMorgan Chase & Co. Issues Positive Forecast for GE Aerospace (NYSE:GE) Stock Price

GE Aerospace (NYSE:GEGet Free Report) had its price objective boosted by investment analysts at JPMorgan Chase & Co. from $335.00 to $400.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 15.99% from the stock’s previous close.

GE has been the subject of several other reports. Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a research report on Tuesday, July 14th. Morgan Stanley lowered their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. TD Cowen restated a “buy” rating and set a $380.00 target price (up from $330.00) on shares of GE Aerospace in a report on Monday, July 13th. BNP Paribas Exane reduced their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $410.00 price target on shares of GE Aerospace in a research note on Monday. Seventeen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $380.89.

View Our Latest Analysis on GE Aerospace

GE Aerospace Trading Down 1.1%

Shares of GE traded down $3.97 during mid-day trading on Monday, reaching $344.86. The company’s stock had a trading volume of 776,837 shares, compared to its average volume of 5,593,361. The stock has a market cap of $357.81 billion, a PE ratio of 40.62, a P/E/G ratio of 2.92 and a beta of 1.35. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. GE Aerospace has a 52 week low of $254.66 and a 52 week high of $382.97. The company’s fifty day moving average price is $336.31 and its two-hundred day moving average price is $318.56.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, analysts predict that GE Aerospace will post 7.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of GE Aerospace by 25.3% in the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after acquiring an additional 2,421 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock valued at $375,000 after acquiring an additional 150 shares during the period. Sivia Capital Partners LLC lifted its position in GE Aerospace by 4.6% during the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after purchasing an additional 191 shares during the period. Main Street Financial Solutions LLC boosted its stake in shares of GE Aerospace by 348.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after buying an additional 4,584 shares during the last quarter. Finally, HUB Investment Partners LLC boosted its position in GE Aerospace by 4.2% in the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after purchasing an additional 366 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Company Profile

(Get Free Report)

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.

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Analyst Recommendations for GE Aerospace (NYSE:GE)

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