Key Takeaways
- GE Aerospace stock is up 5% over the past year, closing at $313.83 on October 16, 2026, though that sits 20% below the $389 intraday record it set on August 6.
- The Street’s mean target of $391 sits 25% above the close, with 16 buys, 3 outperforms, 3 holds, and 1 underperform on the stock.
- On September 8, GE agreed to buy castings maker CPP for $11.75 billion.
- Third-quarter results land on October 20, and the number that matters is how GE frames 2027 commercial services growth after Melius warned that broader commercial aviation aftermarket growth could slow to the high single digits.
GE Aerospace (GE) stock is up 5% over the past year, closing at $313.83 on October 16, 2026, even though the company raised its full-year guidance across the board on July 16.
That small number hides a round trip. GE Aerospace stock climbed 32% from its March 31 close to its June 30 close by my math, set a record in August, and has since fallen 20% from that high. Wall Street kept raising its targets the whole way.
How GE Aerospace Stock Got to a Record by June
The first half of the chart went sideways. The stock traded between the high $280s and the mid-$340s through last fall and winter, then closed the first quarter at $284 on March 31.
GE beat first-quarter estimates on April 21 with adjusted EPS of $1.86 against $1.60 expected, and shares fell 6% anyway. Our coverage tied the drop to worries that Iran war fuel costs would slow airline growth.
The recovery came quickly. GE Aerospace stock closed at a then-record $366 on June 24 after a six-session run, and finished the quarter at $374 on June 30.
GE Beat and Raised. GE Aerospace Stock Fell Anyway.
On July 16, GE reported second-quarter adjusted EPS of $2.02 against the $1.86 analysts expected, on adjusted revenue of $12.63 billion. It lifted 2026 adjusted EPS guidance to $7.65 to $7.85, from $7.10 to $7.40, and raised its free cash flow outlook to $8.9 billion to $9.2 billion. Shares fell as much as 6% that day. TIKR’s earnings coverage pointed to margin as the likely reason: operating margin shrank 130 basis points to 22% on new-engine growth, investments and inflation.
The stock recovered within weeks and touched a $389 intraday record on August 6. The giveback started before any of the autumn news, with GE closing at $343 on August 28. Then September brought four events:
- GE agreed on September 8 to buy castings supplier Consolidated Precision Products for $11.75 billion, its largest deal as a standalone company and 1.3 times the midpoint of this year’s free cash flow guide by my math. GE shares were little changed, while rival castings maker Howmet Aerospace (HWM) fell 8%.
- Six days later, Melius Research cut GE to Hold from Buy and lowered its target to $350 from $432, warning that commercial aviation aftermarket growth could slow to the high single digits in 2027.
- CFO Rahul Ghai answered that view at Morgan Stanley’s Laguna Conference on September 17. After guiding services to grow 20% plus this year, he said: “But given the delinquency that we have, given the pent-up demand that exists from the airlines, there could be incremental growth in services for next year.” He also expects engine removals to rise more than 10% in the first half of 2027.
- The last hit came September 28, when the FAA held up certification of Boeing’s (BA) 737 MAX 10 over a flight-guidance software fault that Administrator Bryan Bedford said GE Aerospace supplied. GE fell 2.7% that day, though the fault concerned flight-management software, not the LEAP engine. On October 2, the FAA found the glitch posed no safety concern, removing a late obstacle to MAX 10 certification.
GE Aerospace stock closed September at $312. That’s a 20% giveback from the August high for a company that raised guidance across the board.
Wall Street Hasn’t Followed GE Aerospace Stock Down
Analysts currently hold 16 buys, 3 outperforms, 3 holds, and 1 underperform on GE, with holds up from 1 at the end of June. The mean price target is $391, up from $306 at the end of September 2025 (a 28.0% rise by my math) and 25% above the October 16 close. Even the lowest target, $305, sits just 2.8% below the stock. The Street spent the year raising its numbers while the price went in a circle, and the gap is now almost as wide as it was on March 31, when the mean sat 26.4% above the close.
The October 20 Number GE Aerospace Holders Should Watch
GE reports third-quarter results before the open on October 20. Holding or lifting the $7.65 to $7.85 EPS guide is the baseline. The bigger number is 2027: Ghai told the Laguna audience the company would give more color on next year in October and January.
If GE reaffirms double-digit commercial services growth for 2027 and backs it with numbers like the more-than-10% rise in first-half engine removals Ghai flagged, that would reinforce management’s outlook despite Melius’s warning of slower growth across the broader aftermarket. A 2027 services guide below double digits would hand the bears exactly the number they’ve been waiting for, with the Street’s mean still sitting 25% above the price.
Want to see whether the Street keeps lifting its targets while the price stalls? Pull up GE’s one-year chart and its full price-target history on TIKR for free. Learn more here.
So what is GE Aerospace stock actually worth?
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any of the stocks mentioned. Thank you for reading, and happy investing!
