GE Aerospace Stock Forecast: Trending Bullish Among Analysts

GE Aerospace (GE) stock has climbed 12.0% over the past month and delivered a powerful 72.2% gain over the last year, while remaining flat in the past week at $345.74. Wall Street’s analysts are firmly bullish, with a StrongBuy consensus and forecasting a move toward an average 12‑month price target of $370.83.

Among the most recent voices, Douglas Harned of Bernstein reiterated his Buy rating on GE on March 3, 2026, lifting his price target to $405.00, implying further upside from current levels. Harned views the outlook for GE Aerospace as increasingly positive after a deep dive into the engine business and fresh guidance from GE and partner Safran.

Harned highlights Commercial Engine & Services as a key growth engine, raising estimates for widebody services thanks to stronger content and pricing on GEnx and GE90. On the narrowbody side, he expects CFM56 shop visits to stay above 2,300 annually through at least 2030, with LEAP services revenues rising to CFM56 levels and margins improving via new service contract structures.

Supply chain pressures are also easing, with Airbus indicating CFM is now on track to meet LEAP engine delivery commitments and only 4% of the fleet grounded, reducing the need for spare engines. While the GE9X program is set to generate losses of roughly $1 billion at peak around 2030, Harned frames this as a short‑term investment backed by a 777X backlog of 634 aircraft and positive long‑term value.

The analyst is also more optimistic on Defense & Propulsion Technologies, boosted by aeroderivative engines that should see low double‑digit growth as they respond to AI‑driven energy demand. With expectations running slightly above consensus for 2026 and well ahead by 2028, Harned raises GE’s EV/EBITDA multiple to 30.5x from 28x, reinforcing the StrongBuy backdrop for investors watching this aerospace leader. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.