GE Aerospace (GE)
NYSE: GE · IEX Real-Time Price · USD
160.00
+0.11 (0.07%)
May 20, 2024, 1:11 PM EDT - Market open
GE Aerospace Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for GE Aerospace stock have an average target of 179.28, with a low estimate of 125 and a high estimate of 211. The average target predicts an increase of 12.05% from the current stock price of 160.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GE Aerospace stock from 19 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 7 | 11 | 11 |
| Buy | 5 | 5 | 4 | 5 | 7 | 7 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 13 | 13 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $148 → $175 | Buy | Maintains | $148 → $175 | +9.38% | May 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $165 → $192 | Buy | Maintains | $165 → $192 | +20.00% | Apr 29, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $180 → $185 | Strong Buy | Maintains | $180 → $185 | +15.63% | Apr 29, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $120 → $186 | Strong Buy | Maintains | $120 → $186 | +16.25% | Apr 25, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $170 → $180 | Strong Buy | Maintains | $170 → $180 | +12.50% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
37.22B
from 67.95B
Decreased by -45.23%
Revenue Next Year
41.24B
from 37.22B
Increased by 10.80%
EPS This Year
4.07
from 8.36
Decreased by -51.35%
EPS Next Year
5.10
from 4.07
Increased by 25.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.8B | 43.1B | 47.6B | 46.1B | 48.6B |
| Avg | 37.2B | 41.2B | 45.0B | 45.2B | 47.7B |
| Low | 34.3B | 36.2B | 38.6B | 43.0B | 45.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -43.0% | 15.7% | 15.5% | 2.4% | 7.6% |
| Avg | -45.2% | 10.8% | 9.1% | 0.5% | 5.5% |
| Low | -49.6% | -2.8% | -6.4% | -4.4% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.43 | 5.75 | 6.62 | 7.28 | 8.17 |
| Avg | 4.07 | 5.10 | 5.80 | 6.76 | 7.79 |
| Low | 3.51 | 4.41 | 4.92 | 5.98 | 7.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -47.0% | 41.5% | 29.7% | 25.4% | 20.9% |
| Avg | -51.3% | 25.4% | 13.8% | 16.5% | 15.3% |
| Low | -58.0% | 8.4% | -3.5% | 3.1% | 6.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.