Ronald Epstein, an analyst from Bank of America Securities, reiterated the Buy rating on GE Aerospace. The associated price target is $310.00.
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Ronald Epstein has given his Buy rating due to a combination of factors that highlight GE Aerospace’s strong operational performance and growth potential. The company is recognized as a top-tier operator and innovator, with its operational excellence and leading product offerings driving positive outcomes. GE’s updated outlook, which includes a raised 2025 guidance and expectations for double-digit revenue growth through 2028, reflects this momentum. The company’s projections for significant operating profit and free cash flow also suggest a conservative approach that could yield further upside.
Additionally, GE’s services segment is a key driver of its growth outlook, supported by expanding workscopes and pricing increases. The aftermarket for CFM-56 and GE90 engines remains robust, and the LEAP and GEnx engine bases are expected to grow significantly. Despite ongoing supply chain challenges, increased Boeing and Airbus deliveries are anticipated to bolster equipment growth and future service revenues. Furthermore, GE’s defense segment, bolstered by international exposure and investments in next-generation platforms, adds another layer of optimism for the company’s future prospects.
Epstein covers the Industrials sector, focusing on stocks such as Boeing, RTX, and Transdigm Group. According to TipRanks, Epstein has an average return of 17.9% and a 65.77% success rate on recommended stocks.
In another report released on July 25, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $305.00 price target.