GE Aerospace

GE Aerospace manufactures commercial and military jet engines powering aircraft worldwide, along with aviation systems and components. The company generates revenue from engine sales and long-term service contracts providing maintenance, repair, and overhaul services to airlines and operators. Major engine platforms include the LEAP (narrow-body), GE90 and GEnx (wide-body), and military engines for fighter jets and helicopters. The aftermarket services business provides predictable recurring revenue tied to flight hours and installed engine base.

GE Aerospace benefits from commercial aviation recovery following the pandemic and long-duration service contracts generating stable cash flows. Strengths include market-leading engine positions, duopoly dynamics with Pratt & Whitney on narrow-body aircraft, and growing installed base. Risks involve aircraft production rate fluctuations, supply chain challenges, competition on new engine programs, and cyclical exposure to air travel demand. Valuation reflects aerospace-focused multiples following the company's separation from legacy GE businesses.

Pratt & Whitney (RTX) competes directly in commercial engines with geared turbofan technology. Rolls-Royce rivals in wide-body engines and military propulsion. CFM International (a GE-Safran joint venture) produces the LEAP engine. Safran competes in aircraft equipment and propulsion components. Competition centers on winning positions on new aircraft platforms with decades-long aftermarket implications.

GE Aerospace reinstated a modest dividend following its separation from GE HealthCare and GE Vernova, marking a new chapter after years of dividend cuts during GE's conglomerate era. The current yield remains below 1% as the company prioritizes investing in product development and deleveraging. Management has indicated intentions to grow the dividend over time as cash flows strengthen from aviation market recovery and services growth.

GE last closed at $296.56, up 2.04% in the most recent trading session. Over the past 52 weeks, the stock has traded between a low of $159.36 and a high of $335.88. The current price represents 78% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.

Among 30 analysts covering GE, the consensus rating is Strong Buy — 26 rate it a buy, 3 hold, and 1 sell. The average price target sits at $88.02, implying 70% downside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.

GE Aerospace generated $46.05B in revenue during fiscal year 2026, with $8.74B reaching the bottom line as net income. The net profit margin of 19.0% is solid for its sector.

GE trades at a P/E ratio of 40.31 on trailing earnings of $8.15 per share. That's above the S&P 500 historical average, suggesting the market expects above-average earnings growth ahead. Comparing this multiple against Aerospace & Defense sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.

Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: -5.90% (3M), +1.00% (6M), +43.01% (1Y), -7.54% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether GE is outperforming or lagging the broader market.