BofA raised the firm’s price target on GE Aerospace (GE) to $225 from $200 and keeps a Buy rating on the shares. After a year of major
Analyst Sheila Kahyaoglu of Jefferies maintained a Buy rating on GE Aerospace (GE – Research Report), boosting the price target to
GE Aerospace expects 2025 profit of $5.10 to $5.45 per share, compared with analysts' average estimate of $5.23, according to data compiled by LSEG. It reported an adjusted profit of $1.32 per share, beating analysts' average expectations of $1.04.
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. The 2025 outlook from the company looked solid too. Investors don’t have much to complain about. Shares were rising after the results were released.
2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE conglomerate. GE Aerospace was listed in the New York Stock Market (using the symbol ‘GE’) in April 2024 after it was spun-off by GE Vernova, which includes the energy-related businesses of the former GE conglomerate.
GE Aerospace is slated to report fourth-quarter results before markets open Thursday, and analysts are bullish on the maker of airplane engines and other parts.
GE Aerospace (NYSE:GE) shares are trading higher premarket on Thursday after it reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 billion.
GE Aerospace (GE) is set to announce Q4 earnings, with analysts focused on engine deliveries, margins, and aftermarket growth outlook.
GE Aerospace posted a surge in quarterly revenue that blew past Wall Street’s estimates as the jet-engine maker received an influx of orders to end the year.