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
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.
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.
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.
As the first earnings cycle of 2025 is ramping up, so are the announcements of new share buyback authorizations. Among these announcements, three big-name U.S. stocks stick out so far, all of which also posted impressive Q4 2024 earnings.
Boeing ( BA -1.37%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.