BNP Paribas Exane Issues Pessimistic Forecast for GE Aerospace (NYSE:GE) Stock Price

GE Aerospace (NYSE:GEGet Free Report) had its target price lowered by BNP Paribas Exane from $300.00 to $270.00 in a research report issued on Thursday,MarketScreener reports. The brokerage presently has an “underperform” rating on the stock. BNP Paribas Exane’s target price would indicate a potential downside of 4.23% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Susquehanna reissued a “positive” rating and set a $380.00 price target on shares of GE Aerospace in a research note on Thursday, January 15th. JPMorgan Chase & Co. increased their price target on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Sanford C. Bernstein increased their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

Read Our Latest Stock Analysis on GE

GE Aerospace Price Performance

Shares of GE Aerospace stock opened at $281.91 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $294.13 billion, a price-to-earnings ratio of 34.72, a P/E/G ratio of 2.71 and a beta of 1.36. GE Aerospace has a 1-year low of $227.59 and a 1-year high of $348.48. The firm’s 50-day moving average price is $297.32 and its two-hundred day moving average price is $305.92.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. The firm had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts predict that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On GE Aerospace

Hedge funds and other institutional investors have recently bought and sold shares of the business. Phoenix Financial Ltd. grew its position in GE Aerospace by 34.3% in the third quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock valued at $6,808,000 after purchasing an additional 5,775 shares in the last quarter. Integrity Financial Corp WA bought a new position in GE Aerospace in the third quarter valued at $481,000. Prime Capital Investment Advisors LLC grew its position in GE Aerospace by 23.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock valued at $15,373,000 after purchasing an additional 9,750 shares in the last quarter. HORAN Wealth LLC grew its position in GE Aerospace by 667.0% in the third quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock valued at $3,066,000 after purchasing an additional 8,865 shares in the last quarter. Finally, Prospera Financial Services Inc grew its position in GE Aerospace by 18.1% in the third quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock valued at $14,354,000 after purchasing an additional 7,315 shares in the last quarter. 74.77% of the stock is owned by institutional investors.

More GE Aerospace News

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

  • Positive Sentiment: GE Aerospace’s CEO reportedly met with China’s National Development and Reform Commission, raising hopes for new engine orders and improved China access for the company. Reuters article
  • Positive Sentiment: Reuters and other reports suggest GE Aerospace could sell hundreds of engines to China if aircraft deals expand, which would be a meaningful long-term revenue tailwind. Bizjournals article
  • Positive Sentiment: GE Aerospace and Emirates announced a plan to develop piece-part repair capabilities for GE90 and GP7200 engines, supporting the company’s higher-margin maintenance and aftermarket business. Aviation Week article
  • Neutral Sentiment: GE Aerospace Weekend promotion is a branding and marketing item, but it is unlikely to materially affect the stock. MLB article
  • Negative Sentiment: BNP Paribas Exane cut its price target on GE Aerospace to $270 and kept an underperform rating, reinforcing concerns that the stock may have limited upside near current levels. American Banking News article

About GE Aerospace

(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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