GE Aerospace (NYSE:GE) Price Target Cut to $375.00 by Analysts at JPMorgan Chase & Co.

GE Aerospace (NYSE:GE – Get Free Report) had its target price cut by equities researchers at JPMorgan Chase & Co. from $400.00 to $375.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 24.00% from the stock’s previous close.

A number of other research analysts have also recently issued reports on GE. Vertical Research reissued a “buy” rating and set a $400.00 price target on shares of GE Aerospace in a research report on Tuesday. Royal Bank Of Canada cut their price objective on shares of GE Aerospace from $400.00 to $375.00 and set an “outperform” rating on the stock in a report on Wednesday. Jefferies Financial Group set a $435.00 price objective on shares of GE Aerospace and gave the stock a “buy” rating in a report on Wednesday, September 23rd. Susquehanna decreased their target price on shares of GE Aerospace from $430.00 to $400.00 and set a “positive” rating for the company in a research note on Wednesday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, October 15th. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $375.14.

Check Out Our Latest Research Report on GE Aerospace

GE Aerospace Stock Up 0.8%

Shares of NYSE GE traded up $2.54 during mid-day trading on Wednesday, hitting $302.41. 1,897,954 shares of the stock traded hands, compared to its average volume of 5,078,478. The company has a market cap of $313.77 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.27 and a beta of 1.38. The stock has a fifty day moving average price of $327.33 and a 200-day moving average price of $328.85. GE Aerospace has a 52 week low of $268.91 and a 52 week high of $388.84. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98.

GE Aerospace (NYSE:GE – Get Free Report) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.24. The business had revenue of $13.29 billion during the quarter, compared to the consensus estimate of $12.88 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%. The firm’s quarterly revenue was up 24.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.66 earnings per share. Research analysts anticipate that GE Aerospace will post 7.91 EPS for the current year.

Insider Activity at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.19% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of GE. State Street Corp boosted its holdings in shares of GE Aerospace by 2.6% during the second quarter. State Street Corp now owns 46,497,628 shares of the company’s stock worth $17,377,559,000 after purchasing an additional 1,160,584 shares during the last quarter. Jennison Associates LLC increased its stake in GE Aerospace by 37.7% in the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after purchasing an additional 3,017,937 shares during the last quarter. Bank of America Corp DE increased its stake in GE Aerospace by 10.0% in the first quarter. Bank of America Corp DE now owns 7,664,679 shares of the company’s stock valued at $2,175,006,000 after purchasing an additional 695,731 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in GE Aerospace by 6.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,251,603 shares of the company’s stock valued at $2,710,142,000 after purchasing an additional 427,820 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in GE Aerospace by 97.3% during the second quarter. Wellington Management Group LLP now owns 6,797,935 shares of the company’s stock worth $2,540,592,000 after buying an additional 3,352,432 shares during the period. 74.77% of the stock is owned by institutional investors.

Key Stories Impacting GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

  • Positive Sentiment: GE Aerospace reported adjusted earnings of $2.25 per share, ahead of the approximately $2.01 consensus, while revenue reached $13.29 billion. Orders surged 49% to $19 billion, led by commercial engines and services. GE Aerospace Q3 Earnings Beat on Commercial Services Strength
  • Positive Sentiment: Management raised its 2026 outlook for adjusted EPS to $8.00-$8.10, adjusted revenue growth to approximately 19%-20%, operating profit to $10.9 billion-$11.0 billion and free cash flow to $9.1 billion-$9.4 billion. GE Aerospace raises 2026 profit forecast as services strength drives growth
  • Positive Sentiment: Commercial aftermarket demand remains the key bullish factor. Strong engine-repair activity, spare-parts demand, delayed aircraft retirements and a roughly $170 billion services backlog support expectations for low-double-digit services growth in 2027.
  • Positive Sentiment: Several analysts remain constructive: UBS raised its price target to $380, while Bank of America maintained a $405 target and Buy rating. UBS raises GE Aerospace price target

GE Aerospace Company Profile

(Get Free Report)

GE Aerospace (NYSE: GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its products support commercial air transport, business and general aviation, military aircraft, and other defense applications. The company also provides engine components, avionics, mechanical systems, digital solutions and maintenance, repair and overhaul services.

GE Aerospace serves airlines, aircraft operators, leasing companies, airframers and government customers worldwide.

Further Reading

Analyst Recommendations for GE Aerospace (NYSE:GE)

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