GE Aerospace (GE)
NYSE: GE · IEX Real-Time Price · USD
148.06
-4.88 (-3.19%)
At close: Apr 19, 2024, 4:00 PM
147.86
-0.20 (-0.14%)
After-hours: Apr 19, 2024, 7:59 PM EDT
GE Aerospace Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for GE Aerospace stock have an average target of 162.47, with a low estimate of 103 and a high estimate of 200. The average target predicts an increase of 9.73% from the current stock price of 148.06.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for GE Aerospace stock from 20 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 7 | 7 | 7 | 12 |
| Buy | 4 | 5 | 5 | 4 | 5 | 7 |
| Hold | 3 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 14 | 13 | 13 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $195 → $180 | Strong Buy | Maintains | $195 → $180 | +21.57% | Apr 10, 2024 |
| TD Cowen | TD Cowen | Hold → Strong Buy Upgrades $175 → $180 | Hold → Strong Buy | Upgrades | $175 → $180 | +21.57% | Apr 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $190 | Strong Buy | Initiates | $190 | +28.33% | Apr 9, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $175 → $165 | Strong Buy | Maintains | $175 → $165 | +11.44% | Apr 8, 2024 |
| Vertical Research | Vertical Research | Strong Buy Initiates $160 | Strong Buy | Initiates | $160 | +8.06% | Apr 4, 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 |
|---|---|---|---|---|
| High | 38.8B | 43.1B | 47.6B | 93.3B |
| Avg | 37.2B | 41.2B | 45.0B | 91.5B |
| Low | 34.3B | 36.2B | 38.6B | 87.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -43.0% | 15.7% | 15.5% | 107.2% |
| Avg | -45.2% | 10.8% | 9.1% | 103.3% |
| Low | -49.6% | -2.8% | -6.4% | 93.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.43 | 5.75 | 6.62 | 7.88 |
| Avg | 4.07 | 5.10 | 5.80 | 7.57 |
| Low | 3.51 | 4.41 | 4.92 | 7.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -47.0% | 41.5% | 29.7% | 35.8% |
| Avg | -51.3% | 25.4% | 13.8% | 30.5% |
| Low | -58.0% | 8.4% | -3.5% | 21.6% |
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.