GE Aerospace (GE) stock was down on Tuesday after the American aircraft company announced its earnings results for Q1 2026. The company reported adjusted earnings per share of $1.86, which was better than Wall Street’s estimate of $1.60. The company’s adjusted EPS also increased 25% year-over-year.
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GE Aerospace also reported revenue of $12.4 billion, which was another beat compared to analysts’ estimates of $10.71 billion. Just like with its adjusted EPS, the company’s revenue was up 25% compared to the first quarter of 2025. The company’s revenue increase was powered by an 87% increase in total orders to $23 billion.
GE Aerospace stock was down 3.49% in pre-market trading on Tuesday, following a slight dip yesterday. The shares have also fallen 1.29% year-to-date but were still up 60.48% over the past 12 months.
GE Aerospace Guidance
GE Aerospace didn’t increase its guidance despite the strong Q1 results. Instead, the company only reaffirmed its previous outlook for 2026. That includes:
- Operating profit of $9.85 billion to $10.25 billion.
- Adjusted EPS of $7.10 to $7.40.
- Free cash flow of $8 billion to $8.4 billion.
GE Aerospace chairman and CEO H. Lawrence Culp, Jr., said, “With the dynamic geopolitical landscape, we’re holding our full-year guidance across the board and are trending toward the high-end of the range given our strong start to the year.”
Is GE Aerospace Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for GE Aerospace is Strong Buy, based on 14 Buy and one Hold rating over the past three months. With that comes an average GE stock price target of $361.64, representing a potential 19.12% upside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
