GE Aerospace Surges to 42nd in Trading Volume with $2.244 Billion Turnover

On May 30, 2025, GE Aerospace (GE) saw a significant increase in trading volume, with a turnover of $2.244 billion, marking a 75.53% rise from the previous day. This surge placed GE in the 42nd position in terms of trading volume for the day. The stock price of GE Aerospace rose by 0.72%, marking its fifth consecutive day of gains and a total increase of 6.79% over the past five days.

GE Vernova, a division of GE, has shown remarkable growth in its gas turbine business, contributing to the overall success of the company. This division has been a key driver in the company's recent performance, despite its initial focus on other areas.

Jefferies recently increased its price target for GE Aerospace to $260, maintaining a Buy rating. This decision came after a tour of GE Celma in Brazil, where the company's strong performance was evident. Additionally, Deutsche Bank analyst Scott Deuschle raised the firm's price target on GE Aerospace to $300 from $261, keeping a Buy rating on the shares.

GE Aerospace's strong performance in the first quarter of 2025, with adjusted revenue of $9 billion, an 11.5% increase from the previous year, has been a significant factor in the stock's recent surge. The company's robust growth in both services and products has driven this performance, with orders up 12% and revenue growing 11% in the first quarter of 2025.