GE Aerospace Golden Cross Follows 14% YTD Gain and 25% Q1 Revenue Growth
GE•GE Aerospace stock has formed its first Golden Cross in four years, climbing above its 200-day moving average after a 14% year-to-date gain and four consecutive sessions of gains. First-quarter revenue jumped 25% to $12.4 billion and orders surged 87% to $23 billion, driven by defense contracts and extended airline maintenance demand.
1. Golden Cross Technical Breakthrough
GE Aerospace’s 50-day moving average recently crossed above its 200-day average for the first time in four years, signaling renewed bullish momentum. The stock has rallied for four straight sessions, driving a 14% gain since January and touching a record $352.8 high.
2. Robust First-Quarter Results
GE Aerospace posted first-quarter revenue of $12.4 billion, up 25% year-on-year, while order intake soared 87% to $23 billion. These figures reflect strong demand in both commercial engine services and defense propulsion and avionics.
3. Growth Outlook and Investments
Sustained demand from military contracts and airlines extending aircraft service cycles underpins a healthy backlog, supported by a $1 billion U.S. manufacturing expansion program. Management forecasts mid-teens percentage growth in services revenue in 2026 followed by another year of double-digit expansion in 2027.
