COMMERCIAL SERVICES GROWTH - Co said Q2 commercial services revenue rose 32% year-on-year, driven by higher internal shop visits and spare parts sales
SUPPLIER INPUTS - Co attributed double-digit increases in material input from priority suppliers to strong Q2 results
DEFENSE & PROPULSION GROWTH - Co said defense and propulsion technologies revenue grew 16% in Q2, with both services and equipment contributing
Outlook raised for 2026
GE Aerospace raises 2026 adjusted revenue growth outlook to high-teens
Company now expects 2026 operating profit of $10.55-$10.75 bln
GE Aerospace sees 2026 adjusted EPS at $7.65-$7.85
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for General Electric Co is $393.50, about 9.2% above its July 15 closing price of $360.35
The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 37 three months ago
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