GE Aerospace stock price resumed its strong bull run, moving from the pandemic low of $37 to $320, a 768% surge that pushed its market capitalization to over $336 billion. This rally may continue as the company faces fresh catalysts ahead.
GE Aerospace has Indian and Chinese catalysts ahead
General Electric Aerospace, the biggest company in the jet engine manufacturing industry, has done well in the past few years as demand for aircraft soared. It also jumped as most airlines resume their growth after the pandemic.
The company faces some major catalysts that may lead to more growth in the coming months. One of them is from India, which reached a trade deal with the United States last week. A key part of the deal is that India agreed to buy Boeing planes worth over $80 billion in the coming years. Similarly, the country will buy airline engines worth over $20 billion.
The other potential catalyst for GE Aerospace is China, a key market for aircrafts. Donald Trump, who is a highly transactional president, plans to visit China in April this year.
Historically, Trump has used these foreign trips to ink deals with countries. One potential deal that will come from China will be Boeing jets and engines, a major breakthrough as Chinese airlines have paused their Boeing purchases for years.
Additionally, the company will benefit from Donald Trump’s plan to boost the country’s defense spending in the United States from $1 trillion to over $1.5 trillion.
The most recent results showed that the company’s business continued doing well in the past few months. Its report showed that its operating profit rose by 25% to $9.1 billion in FY’25. Its earnings-per-share (EPS) rose by 36% to $6.37, while the free cash flow jumped to $7.7 billion.
Its commercial engines and services revenue jumped to $9.5 billion from $7.7 billion in the same quarter in 2024. Also, its operating profit jumped from $2.2 billion to $2.3 billion.
GE Aerospace is a major defense and systems business in the past few quarters. It moved from $2.5 billion in Q3’24 to $2.8 billion Q4’25.
Wall Street analysts are highly bullish on the GE Aerospace stock price, with the average target being $357, higher than the current $320. The most recent upgrade came from JPMorgan, which raised the target from $325 to $335. RBC Capital sees the stock rising to $340, while UBS and Citi expect it to move to $374 and $380, respectively.
GE Aerospace stock price technical analysis
The weekly chart shows that the GE stock price has soared in the past few months, moving from a low of $37 in 2022 to the current $320.
It has remained above all moving averages, the Supertrend indicator, and the Ichimoku cloud.
Therefore, the most likely scenario is where the stock continues rising as bulls target the key resistance level at $400, up by 25% above the current level.
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