GE Aerospace Stock Soars 3.13% on Bullish Outlook

Generado por agente de IAAinvest Pre-Market Radar
jueves, 17 de julio de 2025, 6:44 am ET1 min de lectura
GE--

On July 17, 2025, GE Aerospace's stock surged by 3.13% in pre-market trading, reflecting a strong bullish sentiment among investors.

Citigroup has maintained its buy rating for GE AerospaceGE--, setting a new target price of $296.00. This positive outlook from a major financial institution suggests confidence in the company's future performance.

GE Aerospace is anticipated to report a 13% increase in revenue for the second quarter, reaching $10.27 billion. This growth is expected to be driven by strong demand in the aerospace sector and the company's strategic initiatives.

Analysts have raised their earnings estimates for GE Aerospace's second quarter, projecting a 19.2% year-over-year increase. This upward revision indicates optimism about the company's financial health and operational efficiency.

GE Aerospace has shown robust performance in the first half of 2025, with orders up 12% and revenue growing by 11%. This growth is attributed to double-digit increases in both services and product sales, highlighting the company's strong market position.

Analysts predict that GE Aerospace will report an earnings per share (EPS) of $1.41 for the second quarter. This projection is based on the company's consistent earnings surprises and strong financial performance in recent quarters.

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