GE Aerospace stock price target raised to $340 from $330 at Wolfe Research

Investing.com - Wolfe Research raised its price target on GE Aerospace (NYSE:GE) to $340 from $330 while maintaining an Outperform rating on the stock. According to InvestingPro data, analysts’ targets for GE range from $266 to $374, with a strong buy consensus rating of 1.47 (where 1 is Strong Buy and 5 is Strong Sell).

The price target increase follows GE’s quarterly results, which showed sales and earnings per share tracking approximately 9% ahead of expectations, according to Wolfe Research.

GE Aerospace has updated its guidance, raising its sales outlook by low single digits and its earnings forecast by mid to high single digits, though Wolfe Research indicates further upside remains "readily visible."

Despite the positive results, GE shares gained only about 1% following the announcement in a flat overall market, even as the stock has risen more than 80% year-to-date.

Wolfe Research noted some market concerns about order trends, which the firm considers "misplaced," and suggested that some rotation into RTX may have contributed to the modest share price reaction.

In other recent news, GE Aerospace reported robust third-quarter results for 2025, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $1.66, compared to the forecasted $1.45. Additionally, GE Aerospace reported revenue of $11.3 billion, exceeding the anticipated $10.37 billion. These results indicate strong performance in the quarter. The earnings and revenue figures highlight the company’s ability to outperform market predictions. Analysts had projected lower figures, but GE Aerospace’s actual performance was notably better. The strong financial results have attracted positive attention from investors and analysts alike.

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