Street View: GE Aerospace's aftermarket engine still has thrust
GE•Analysts see upside in services growth
- Jefferies ("buy," PT: $455) says, "H2 implied growth of +12% is no doubt conservative"
- TD Cowen ("buy," PT: $380) says, "The 7% lift to C26 EPS guide has upside potential, we believe, as it implies a sharper H2 services deceleration than what we see as likely"
- Morningstar (PT: $347) says, "Notwithstanding a spike in jet fuel prices and geopolitical jitters related to war in and around Iran, high global aircraft utilization and fewer recent retirements of older jets in recent months led the commercial aftermarket business to grow 32% in the first half"
GE Aerospace raises 2026 profit forecast as aftermarket demand holds up
Aircraft engine maker GE Aerospace GE.N raised its 2026 profit forecast on Thursday as demand for engine repairs and spare parts held up despite high fuel prices and airline schedule cuts, leaving supply constraints, rather than customer demand, as the bigger challenge into 2027.
GE now expects adjusted earnings of $7.65 to $7.85 per share this year, up from $7.10 to $7.40 previously.
