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
Citi raised the firm’s price target on GE Aerospace (GE) to $235 from $216 and keeps a Buy rating on the shares. The company delivered strong
GENERAL Electric Co, known now as GE Aerospace, has reclaimed its position as the largest industrial company by market value as jet engine production and after-market service both ramp up. This feat is nothing short of amazing,
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 rose. GE Aerospace reported fourth-quarter sales of $9.
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.
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 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 appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
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.
Shares of GE Aerospace soared to levels not seen in nearly two decades on Thursday, after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and ...
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they'll look to a new tactic: selling some of its businesses, which could shore up the company's balance sheet and lift the stock from its doldrums.