GE Aerospace Boosts Price Target to $310 Amid Bullish Outlook from Analysts

BofA Securities analyst Ronald J. Epstein reiterated a Buy rating on GE Aerospace with a raised price target to $310 from $230. Epstein views GE's updated long-term outlook as conservative, citing sustained operational momentum and upside potential in services growth. Epstein projects 240bps of margin expansion by 2028, driven by mix shift toward external shop visits, repair savings, and durability upgrades.

Bank of America (BofA) Securities analyst Ronald J. Epstein has reiterated a Buy rating on General Electric (GE) Aerospace, with a significant increase in the price target to $310 from $230. Epstein's updated outlook reflects sustained operational momentum and substantial upside potential in services growth [2].

Epstein projects a 240 basis points (bps) margin expansion by 2028, driven by a shift in the mix toward external shop visits, repair savings, and durability upgrades. This positive outlook is supported by GE's recent Q2 earnings report, which showed robust growth in the commercial engines segment and a 28% operating margin [3].

The updated price target and positive outlook come after GE Aerospace secured a significant contract to supply 210 T700 engines for 96 Boeing Apache Guardian helicopters for the Polish Armed Forces. This deal underscores the company's market strength and potential profitability [1].

Despite the recent contract win, analysts have slightly adjusted their price targets, reflecting changes in market confidence. However, GE's strong financial health and strategic partnerships, such as its venture with CFM International, bolster its long-term prospects [1].

GE Aerospace's recent financial numbers indicate a promising trajectory. The company reported revenue of $67.95 billion and cash flow of $1.49 billion, with a debt-to-equity ratio of 1.06, reflecting a solid financial foundation [1]. The company's price-to-earnings (PE) ratio of 33.67 suggests a high valuation, but it may also indicate expected growth [1].

In conclusion, BofA Securities' updated price target and positive outlook for GE Aerospace reflect the company's strong operational momentum and potential for margin expansion. As GE continues to secure significant contracts and improve its financial health, investors can expect sustained growth and profitability. However, investors should remain vigilant and monitor the company's progress closely.

References:
[1] https://www.timothysykes.com/news/ge-aerospace-ge-news-2025_01_23/
[2] https://www.marketscreener.com/news/ge-aerospace-bofa-raises-target-price-ce7c5fd8df8af024
[3] https://www.morningstar.com/stocks/after-earnings-is-ge-aerospace-stock-buy-sell-or-fairly-valued-6