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.
General Electric (NYSE:GE), a multinational conglomerate with a significant presence in the aerospace industry, has been attracting attention from investors and analysts alike due to its recent financial performance and future prospects.
GE Aerospace easily topped Wall Street expectations and posted solid year-over-year growth. The company boosted its dividend and announced a new share repurchase plan. GE Aerospace is benefitting ...
(Reuters) - GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with progress in resolving supply chain issues that had hobbled ...
GE Aerospace is up 18.9% since the beginning of the year, and at $200.53 per share, has set a new 52-week high. Investors who bought $1,000 worth of GE Aerospace’s shares 5 years ago would now ...
GE Aerospace (GE – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Gautam Khanna from
Wells Fargo analyst Sarah Akers maintained a Buy rating on GE Aerospace (GE – Research Report) today and set a price target of $250.00. The
GE Aerospace's adjusted EPS came in at $1.32, exceeding analyst expectations of $1.04. Adjusted revenue for Q4 2024 reached $9.9 billion, surpassing the predicted $9.49 billion. Free cash flow ...
GE Aerospace stock surges on strong Q4 earnings, projecting double-digit growth in 2025. Click here to find out why I rate GE stock a Buy.
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.
Shares of GE Aerospace were soaring toward levels not seen in nearly two decades after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and said it was going to buy back more stock and boost its dividend by 30%.