GE Aerospace stock reports 21.1 percent revenue growth
Article excerpt
Highlighted: the sentence this signal was extracted from
GE Aerospace stock (ISIN US3696043013) closed at USD 309.56 on the NYSE on October 2, 2026, while Q2 2026 revenue rose 21.1 percent year over year to USD 12.63 billion. The earnings comparison gives the stock a clear operating anchor even as the latest session ended 0.91 percent below the previous close of USD 312.39. According to MarketBeat , GE Aerospace delivered adjusted EPS of USD 2.02 in the quarter, above the USD 1.86 consensus estimate and up from USD 1.66 in the year-earlier quarter. Revenue reached USD 12.63 billion versus USD 11.87 billion expected, creating a USD 760 million beat on the published comparison. The company also carries fiscal 2026 adjusted EPS guidance of USD 7.650-7.850, according to MarketBeat. That range matters because the October reporting date will test whether quarterly growth is translating into the full-year earnings path. Wells Fargo reduced its GE Aerospace target from USD 390 to USD 380 while retaining an Overweight rating in a note dated September 30, 2026, as MarketBeat reports. The change is a counterweight to the strong quarterly comparison and places more emphasis on execution and valuation. The broader consensus is Buy from 21 analysts, with an average 12-month target of USD 396.81, a high of USD 450 and a low of USD 347, according to Investing.com. The average target lies 28.19 percent above the October 2 price, so the consensus...
Keep reading with a free account
The rest of this article, and every signal for GE Aerospace, is in your free account.
